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(CANBK) Canara Bank complete technical analysis [charts+indicators] | Buy/Sell Canara Bank | (CANBK) share price targets

Complete technical analysis of Canara Bank (CANBK) by charts plus indicators, forecast predictions and share price targets for Canara Bank (CANBK)

Canara Bank trades in NSE in Banks sector.

Showing technical analysis as on 2024-09-30 View latest technical analysis

10 day averaged volume of Canara Bank is 32649455

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	111.33	113.00	113.50	110.81	0.625 times
27 Fri Sep 2024	113.10	110.72	113.30	110.06	3.634 times
26 Thu Sep 2024	110.17	108.75	110.70	107.20	1.012 times
25 Wed Sep 2024	108.40	108.92	109.35	107.30	0.504 times
24 Tue Sep 2024	109.29	109.30	110.50	108.65	0.869 times
23 Mon Sep 2024	109.30	105.80	109.80	105.05	1.348 times
20 Fri Sep 2024	104.96	105.11	106.30	104.70	0.62 times
19 Thu Sep 2024	104.71	106.00	106.85	102.72	0.582 times
18 Wed Sep 2024	105.45	105.10	106.59	105.01	0.528 times
17 Tue Sep 2024	105.54	106.72	106.78	105.34	0.334 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 110.1, but if it comes below 110.1, then a intra day sell could be more profitable.
If you take a sell trade below 110.1, then use 110.1 as stoploss and 107.02 as target. However if you take a buy trade in stock , then use 110.1 as stoploss and 113.7 as target.

Share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Target	96.20
Downside Target	100.69
Downside Target	102.72
Downside Target	107.25
Upside Target	113.30
Upside Target	113.46
Upside Target	113.50
Upside Target	115.60
Upside Target	120.19
Upside Target	128.90
Upside Target	632.90

Intraday share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Intraday Target	110.26
Downside Intraday Target	109.19
Upside Intraday Target	112.95
Upside Intraday Target	114.57
Upside Intraday Target	111.88

Weekly technical analysis of Canara Bank (CANBK)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	111.33	113.00	113.50	110.81	0.085 times
27 Fri Sep 2024	113.10	105.80	113.30	105.05	2.796 times
20 Fri Sep 2024	104.96	106.90	108.18	102.72	0.604 times
13 Fri Sep 2024	106.39	103.60	107.25	100.69	0.876 times
06 Fri Sep 2024	103.38	111.86	113.46	102.95	2.197 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Canara Bank (CANBK)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	111.33	111.86	113.50	100.69	1.43 times
30 Fri Aug 2024	111.53	115.50	115.60	104.04	0.694 times
31 Wed Jul 2024	114.71	119.35	120.19	109.00	0.648 times
28 Fri Jun 2024	119.47	124.80	128.90	96.20	1.21 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Canara Bank (CANBK)

Price action analysis of Canara Bank ( (CANBK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Canara Bank ( (CANBK) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Canara Bank ( (CANBK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Canara Bank stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Canara Bank in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Canara Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Canara Bank in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Canara Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 109.98 and Canara Bank (CANBK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Canara Bank (CANBK) stock. Volume based technical analysis of Canara Bank (CANBK) stock is negative.

Canara Bank Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.