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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 2024-11-01 View latest technical analysis

10 day averaged volume of Canara Bank is 29956702

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	103.96	103.80	104.49	103.26	0.141 times
31 Thu Oct 2024	102.65	103.00	104.15	102.15	0.515 times
30 Wed Oct 2024	103.36	103.50	104.95	102.92	0.995 times
29 Tue Oct 2024	103.76	101.50	104.14	99.80	1.842 times
28 Mon Oct 2024	100.69	95.40	101.50	94.75	1.867 times
25 Fri Oct 2024	94.24	98.45	99.18	92.98	1.034 times
24 Thu Oct 2024	98.19	98.00	99.65	97.52	0.54 times
23 Wed Oct 2024	97.69	97.00	98.45	94.44	1.049 times
22 Tue Oct 2024	96.79	102.86	102.86	96.31	1.028 times
21 Mon Oct 2024	102.86	104.90	105.60	102.70	0.463 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 105.3 as stoploss in an intra day sell trade for a target of 102.28. However, stock will show a bullish move above 105.3.

Share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Target	92.98
Downside Target	100.69
Upside Target	105.60
Upside Target	106.51
Upside Target	109.00
Upside Target	109.05
Upside Target	112.46
Upside Target	113.50
Upside Target	115.60
Upside Target	120.19

Intraday share price targets for Canara Bank (CANBK)

Target Type	Value
Downside Intraday Target	97.49
Downside Intraday Target	91.02
Upside Intraday Target	107.69
Upside Intraday Target	111.42
Downside Intraday Target	101.22

Weekly technical analysis of Canara Bank (CANBK)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	103.96	95.40	104.95	94.75	1.302 times
25 Fri Oct 2024	94.24	104.90	105.60	92.98	1.875 times
18 Fri Oct 2024	104.67	104.50	105.44	100.77	0.606 times
11 Fri Oct 2024	104.06	108.24	109.05	102.34	1.245 times
04 Fri Oct 2024	107.62	113.00	113.50	106.51	0.362 times

Price has moved up 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
01 Fri Nov 2024	103.96	103.80	104.49	103.26	0.008 times
31 Thu Oct 2024	102.65	111.05	112.46	92.98	0.798 times
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

Scroll below to view daily charts

Price has moved up 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Strong and stock is losing 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Canara Bank in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL 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 100.23 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 falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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