Overall Technical outlook

Price Summary

Canara Bank's stock opened at 106.45 on 2025-09-03, surged to 108.48, dropped to 106.11, and ended 1.77% higher at 108.33, with 12003874 shares traded.
In the 52-week period, the stock's peak price is 117.76, and the lowest price recorded is 80.9.
Analysts predict that the future price will fluctuate between 95.0 and 140.0, with the mean expected price being approximately 123.75.

Technicals

Support and Resistance: With the current price at 108.33, support is found at 107.96 and resistance at 111.92. These levels indicate where buyers might step in at 107.96, while sellers could limit gains at 111.92, defining a trading boundary for Canara Bank.
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Support/Resistance for CANBK


Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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Aroon chart for Canara Bank


Bol. Bands: The BOLL BANDS is in a neutral stance for CANBK, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Bolinger Bands chart for Canara Bank


Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains.
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Parabolic Stop and Reverse chart for Canara Bank


Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Stochastic chart for Canara Bank


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
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Tripple SMA chart for Canara Bank


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.