2021 Canara Bank (CANBK) technical analysis [forecast] stock price targets
Canara Bank technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis
Canara Bank deals in Banks Canara Bank option chain analysis
| Date | Close | Open | High | Low | Volume |
| 24 Wed Feb | 160.85 | 159.40 | 163.70 | 155.35 | 172.41 lakhs |
| 23 Tue Feb | 159.30 | 155.00 | 160.70 | 155.00 | 202.25 lakhs |
| 22 Mon Feb | 154.70 | 160.00 | 161.00 | 153.50 | 165.44 lakhs |
| 19 Fri Feb | 160.00 | 167.00 | 169.20 | 158.25 | 322.83 lakhs |
| 18 Thu Feb | 168.40 | 168.00 | 174.60 | 165.35 | 565.53 lakhs |
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 165.8 as stoploss in an intra day sell trade for a target of 155.46. However, stock will show a bullish move above 165.8.
Daily Price action analysis of CANBK based on a short 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.
Daily Price action analysis of 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.
Daily Price action analysis of CANBK based on a 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.
Intraday technical analysis of Canara Bank
Stock is trading at 163.50 as on 25 Thu Feb 10:05
Day open is at 163.00, day high is at 164.15, day low is at 162.40, and day volume is at 305.18 lakhs so far.
First 15 minute high low range is 162.40 - 163.50
First hour high low range is 162.40 - 164.15
| Date | Intraday Price | Open | High | Low | Volume |
| 25 Thu Feb 10:05 | 163.50 | 163.00 | 164.15 | 162.40 | 4556876 |
| 25 Thu Feb 10:00 | 163.35 | 163.00 | 164.15 | 162.40 | 4312849 |
| 25 Thu Feb 9:55 | 163.15 | 163.00 | 164.15 | 162.40 | 4129304 |
| 25 Thu Feb 9:50 | 163.15 | 163.00 | 164.15 | 162.40 | 3767842 |
| 25 Thu Feb 9:45 | 163.50 | 163.00 | 164.15 | 162.40 | 3456334 |
Prices of Canara Bank are definitely rising in intraday. Look for buy opportunities.
Take a trade after 9:30am only.
Canara Bank (CANBK) intraday stock price targets
- EntEntry: 162.95 or 160.9
- Upside target: 163.5
- Downside target : 161.3
- Second Upside target: 166.45
- Second Downside target : 158.1
Canara Bank (CANBK) weekly technical analysis
| Date | Weekly Close | Open | Range | Volume |
| 24 Wed Feb | 160.85 | 160.00 | 153.50 163.70 |
540.092 lakhs |
| 19 Fri Feb | 160.00 | 158.85 | 157.50 174.60 |
1879.837 lakhs |
| 12 Fri Feb | 157.10 | 162.40 | 153.80 163.75 |
1231.595 lakhs |
| 05 Fri Feb | 160.85 | 134.15 | 132.00 172.20 |
2939.842 lakhs |
| 29 Fri Jan | 132.00 | 134.90 | 123.70 138.75 |
1601.138 lakhs |
Weekly forecast of Canara Bank is positive. Buyers dominated the stock this week, and this trend might continue for a few days
Weekly Price action analysis of Canara Bank 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.
Weekly Price action analysis of Canara Bank 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.
Canara Bank (CANBK) Monthly technical analysis
| Date | Monthly Close | Open | Range | Volume |
| 24 Wed Feb | 160.85 | 134.15 | 132.00 174.60 |
6591.366 lakhs |
| 29 Fri Jan | 132.00 | 128.90 | 123.70 147.20 |
6724.386 lakhs |
| 31 Thu Dec | 128.95 | 104.95 | 103.85 146.65 |
8346.445 lakhs |
| 27 Fri Nov | 103.80 | 87.00 | 86.25 105.70 |
2211.146 lakhs |
| 30 Fri Oct | 86.20 | 89.00 | 84.35 95.10 |
1423.243 lakhs |
Monthly forecast of Canara Bank is positive. Buyers dominated the stock this month, and this trend might continue for a few days
Monthly Price action analysis of Canara Bank 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.
Monthly Price action analysis of Canara Bank 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.
Canara Bank Daily stock price targets
- Upside daily target: 176.13
- Upside daily target: 166.88
- Downside daily target: 158.93
- Downside daily target: 150.35
Canara Bank Weekly stock price targets
- Upside weekly target: 186.63
- Upside weekly target: 175.85
- Upside weekly target: 167.38
- Downside weekly target: 159.31
- Downside weekly target: 150.48
- Downside weekly target: 141.03
- Downside weekly target: 134.15
- Downside weekly target: 126.73
- Downside weekly target: 120.33
- Downside weekly target: 112.98
Canara Bank Monthly stock price targets
- Upside monthly target: 189.03
- Downside monthly target: 160.51
- Downside monthly target: 151.35
- Downside monthly target: 137.53
- Downside monthly target: 127.85
- Downside monthly target: 116.4
- Downside monthly target: 106.8
- Downside monthly target: 100.36
- Downside monthly target: 95.03
- Downside monthly target: 87.5
- Downside monthly target: 81.39
- Downside monthly target: 72.53
Canara Bank (CANBK) most active calls puts options
- CE of strike 170
- CE of strike 165
- CE of strike 160
- CE of strike 175
- PE of strike 160
- CE of strike 180
- CE of strike 163
- PE of strike 150
- CE of strike 173
- PE of strike 155
- CE of strike 168
- PE of strike 140
- PE of strike 170
- CE of strike 150
- CE of strike 185
- PE of strike 110
- PE of strike 165
- CE of strike 190
- CE of strike 155
- PE of strike 163
- PE of strike 120
- CE of strike 140
- PE of strike 145
- PE of strike 130
- PE of strike 135
- PE of strike 175
- CE of strike 193
- CE of strike 188
- PE of strike 168
- CE of strike 145
Canara Bank (CANBK) indicators technical analysis
Price action analysis of Canara Bank (CANBK) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Canara Bank stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Canara Bank in short term but the sell signal is initial and weak.
Canara Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Canara Bank is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 162.55 and Canara Bank CANBK stock is trading below this level. This means that stock is falling with high volumes. 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.
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