Overall Technical outlook

Price Summary

On 2025-12-15, Canara Bank's stock began at 146.11, climbed to 148.9, dropped to 146.0, and had 1.49% to end at 148.29, with a volume of 16425275 shares.
The stock reached its highest price of 152.03 and lowest price of 80.9 over the last 52 weeks.
According to 19 analysts, the future price is anticipated to vary between 110.0 and 171.0, with an average expected price of around 147.92105.

Technicals

Support and Resistance: At 148.29, the price is held up by support at 146.19 and faces resistance at 152.03 for CANBK. This suggests a trading range where 146.19 provides a base and 152.03 limits upward movement.
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Support/Resistance for CANBK


Aroon: The current state of the AROON is neutral for CANBK, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Aroon chart for Canara Bank


Bol. Bands: The BOLL BANDS is currently in a neutral position for Canara Bank, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Bolinger Bands chart for Canara Bank


Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for CANBK.
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Parabolic Stop and Reverse chart for Canara Bank


Stochastic: The STOCHASTIC is currently in a neutral position for Canara Bank, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Stochastic chart for Canara Bank


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum is weakening. This could be an early sign that the market is preparing for a bullish reversal, as the current downward trend begins to lose steam. Investors may soon see a shift towards more positive price action as the trend starts to change.
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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.