Stock analysis Canara Bank CANBK
More indepth analysis on MunafaSutra.com
Recent prices of CANBK Canara Bank are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 02 Mon Dec 2024 | 101.71 | 101.15 to 102.19 | -0.29% | 0.72 times |
| 29 Fri Nov 2024 | 102.01 | 100.75 to 103.75 | -0.86% | 0.88 times |
| 28 Thu Nov 2024 | 102.90 | 101.86 to 103.42 | 1.32% | 0.9 times |
| 27 Wed Nov 2024 | 101.56 | 100.80 to 102.70 | -0.23% | 0.72 times |
| 26 Tue Nov 2024 | 101.79 | 100.60 to 102.57 | 0.8% | 0.68 times |
| 25 Mon Nov 2024 | 100.98 | 99.38 to 101.43 | 4.09% | 1.69 times |
| 22 Fri Nov 2024 | 97.01 | 94.95 to 97.78 | 2.7% | 1.11 times |
| 21 Thu Nov 2024 | 94.46 | 92.52 to 97.95 | -3.43% | 1.7 times |
| 19 Tue Nov 2024 | 97.81 | 97.10 to 101.27 | -0.38% | 0.89 times |
| 18 Mon Nov 2024 | 98.18 | 95.72 to 98.80 | 0.71% | 0.71 times |
| 14 Thu Nov 2024 | 97.49 | 97.22 to 100.46 | -0.85% | 0.71 times |
| 13 Wed Nov 2024 | 98.33 | 97.54 to 102.00 | -3.12% | 1.22 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, and stock might move up till 104 or till 107.5. Use a stoploss of 101.06 and if this stock hits its stoploss, then it can fall down till 98.15