CANADIAN NATL RAILWAY CO (CNI) Stock Technical Analysis
NYSE:CNI - New York Stock Exchange, Inc. - CA1363751027 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to CNI. In the past year, CNI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, CNI is a bad performer in the overall market: 68% of all stocks are doing better.
CNI is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month CNI has a been trading in the 91.65 - 101.36 range, which is quite wide. It is currently trading near the high of this range.
CNI has an average volume of 1524550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
CNI is part of the Ground Transportation industry. There are 40 other stocks in this industry, CNI did better than 66% of them.
Although the technical rating is bad, CNI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 99.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 98.82, a Stop Loss order could be placed below this zone.
More info and screens
95.53
107.85
When analyzing the support we notice one important area.
- A support zone ranging from 96.49 to 98.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 99.34 to 102.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 104.34 to 106.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.7
Mansfield-0.48
10 Day High101.36
10 Day Low91.65
20 Day High101.36
20 Day Low91.65
52 Week High130.63
52 Week Low91.65
Performance
1 Week3.51%
2 Weeks0.98%
1 Month1.46%
3 Month-2.31%
6 Month-12.72%
12 Month-22.31%
2 Year-16.85%
3 Year-15.69%
5 Year19.67%
10 Year53.7%
15 Year231.73%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.35
RSI(14)51.96
LBB93.59
UBB101.94
99.17
+0.63 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg0.64%
1 Week3.51%
2 Weeks0.98%
1 Month1.46%
3 Month-2.31%
6 Month-12.72%
12 Month-22.31%
2 Year-16.85%
3 Year-15.69%
5 Year19.67%
10 Year53.7%
15 Year231.73%
Volatility
ATR(14)3.42
ATR(20)%2.99%
ATR Inc-64.52%
Range Today1
ADR(20)2.96
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.7
Mansfield-0.48
10 Day High101.36
10 Day Low91.65
20 Day High101.36
20 Day Low91.65
52 Week High130.63
52 Week Low91.65
CS1 End98.82
CR1 Start99.34
Volume & EV
DER(3)1.29%
DER(5)-0.25%
Volume1.16M
Volume Incr-6.42%
Vol(5)1.38M
Vol(50)1.52M