Stock analysis Canara Bank CANBK
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Recent prices of CANBK Canara Bank are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
28 Thu Mar 2024 | 581.05 | 568.10 to 587.80 | 2.98% | 1.55 times |
27 Wed Mar 2024 | 564.25 | 562.35 to 574.70 | -1.33% | 0.66 times |
26 Tue Mar 2024 | 571.85 | 567.30 to 574.65 | -0.23% | 0.74 times |
22 Fri Mar 2024 | 573.15 | 563.45 to 577.50 | 1.64% | 0.87 times |
21 Thu Mar 2024 | 563.90 | 558.00 to 568.50 | 2.33% | 0.83 times |
20 Wed Mar 2024 | 551.05 | 535.55 to 554.35 | 0.48% | 0.9 times |
19 Tue Mar 2024 | 548.40 | 546.15 to 555.80 | -0.84% | 0.64 times |
18 Mon Mar 2024 | 553.05 | 545.10 to 556.00 | 0.71% | 0.75 times |
15 Fri Mar 2024 | 549.15 | 529.75 to 554.00 | 0.39% | 1.42 times |
14 Thu Mar 2024 | 547.00 | 529.10 to 554.65 | 1.97% | 1.37 times |
13 Wed Mar 2024 | 536.45 | 529.45 to 571.65 | -5.37% | 1.82 times |
12 Tue Mar 2024 | 566.90 | 565.00 to 589.10 | -3.3% | 1.29 times |
Technical analysis forecast of Canara Bank Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Canara Bank CANBK at this time. Stock is rising and might rise more.
It appears as if Canara Bank CANBK gave a large move recently.
Stock of Canara Bank (CANBK) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Canara Bank is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 584.3 as stoploss in an intra day sell trade for a target of 565.27. However, stock will show a bullish move above 584.3.