xCalData predicted that CANBK will continue its bearish phase over the next five days.

During this period, the price trend of CANBK is expected to fall within the range of 283 to 294.

Most of the technical ratios analysed for the stock lean towards the bearish side, indicating a potential downward trend in its price. Notably, the Relative Strength Index (RSI) strongly supports this bearish view, reflecting a decline in the stock’s price momentum. However, it is worth mentioning that not all indicators align with this bearish sentiment. The Accumulative Swing Index (ASI) suggests a more bullish outlook, indicating a potential increase in buying pressure. 

Based on the xCalData forecast, the stock price is expected to continue its bearish trend for the next five days, indicating a projected decline in price during this period. This forecast suggests that investors may observe a downward movement in the stock’s value over the specified timeframe.