Overall Technical outlook

Price Summary

On 2025-07-15, Canara Bank's stock opened at 113.79, spiked to 115.8, declined to 113.63, and closed 0.95% up at 114.87, with 25364840 shares traded.
The stock's highest value over the last 52 weeks is 117.76, and the lowest value is 80.9.
The projected price range for Canara Bank is between 90.0 and 125.0, with an expected mean price of 112.13889, according to 18 analysts.

Technicals

Support and Resistance: The price is currently at 114.87, supported by 111.92 and resisted by 115.91. This indicates a range where 111.92 may provide a base for the price, while 115.91 serves as a cap on further upward movement for CANBK.
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Support/Resistance for CANBK


Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Aroon chart for Canara Bank


Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Bolinger Bands chart for Canara Bank


Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Canara Bank


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Stochastic chart for Canara Bank


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend for CANBK is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering.
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Tripple SMA chart for Canara Bank


When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.