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CANADIAN NATURAL RESOURCES (CNQ.CA) Stock Technical Analysis

Canada - Toronto Stock Exchange - TSX:CNQ - CA1363851017 - Common Stock

45.44 CAD
-0.18 (-0.39%)
Last: 12/12/2025, 7:00:00 PM
Technical Rating and Analysis

6

Taking everything into account, CNQ scores 6 out of 10 in our technical rating. In the last year, CNQ was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month CNQ has a been trading in the 44.94 - 49.20 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
CNQ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CNQ is lagging the market slightly.
CNQ has an average volume of 15917800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CNQ outperforms 40% of them, which is more or less in line with the market.
CNQ is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, CNQ did better than 42% of them.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CANADIAN NATURAL RESOURCES / CNQ Weekly stock chart
CANADIAN NATURAL RESOURCES / CNQ Daily stock chart
Setup Rating and Analysis

3

CNQ has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

40.24

48.58

2 important support areas can be observed.

  • A support zone ranging from 43.51 to 43.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 40.65 to 41.67. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 47.90 to 48.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CNQ.CA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for CNQ.CA is neutral.
ChartMill Relative Strength40.35NEUTRALCNQ.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of CNQ.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CNQ.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CNQ.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)42.01NEUTRALThe RSI value for CNQ.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.31NEGATIVEThe MACD value suggests CNQ.CA has a negative trend.
Stochastics (14,3)13.19OVERSOLDThe low Stochastics value suggests CNQ.CA may be oversold.
Average True Range in percent/ATR (20)2.21MEDIUM VOLATILITYThe ATR as a percentage value for CNQ.CA suggests some volalility.
Average Directional Index/ADX (14)17.4NEGATIVEThe low ADX value for CNQ.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
CANADIAN NATURAL RESOURCES / CNQ Daily stock chart

CANADIAN NATURAL RESOURCES

TSX:CNQ (12/12/2025, 7:00:00 PM)

45.44

-0.18 (-0.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.39%
1 Week-5.25%
2 Weeks-3.91%
1 Month-3.44%
3 Month5.16%
6 Month-1%
12 Month1.47%
2 Year4.69%
3 Year20.87%
5 Year197.09%
10 Year200.73%
15 Year104.92%
Volatility
ATR(14)0.92
ATR(20)%2.21%
ATR Inc-14.84%
Range Today0.61
ADR(20)0.95
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.35
3 months CRS62.32
6 months CRS21.7
Mansfield-0.58
10 Day High48.92
10 Day Low44.94
20 Day High49.2
20 Day Low44.94
52 Week High49.2
52 Week Low34.92
CS1 End43.63
CR1 Start47.9
Volume & EV
DER(3)-0.45%
DER(5)-0.76%
Volume49.34M
Volume Incr100.02%
Vol(5)34.70M
Vol(50)15.92M

CANADIAN NATURAL RESOURCES / CNQ.CA FAQ

Can you provide the ChartMill technical rating for CANADIAN NATURAL RESOURCES?

ChartMill assigns a technical rating of 6 / 10 to CNQ.CA.


What is the trend direction for CNQ stock?

The current trend direction for CANADIAN NATURAL RESOURCES (CNQ.CA) is Bullish.


What is the RSI signal for CNQ stock?

CANADIAN NATURAL RESOURCES (CNQ.CA) has an RSI value of 42.0068. This indicates that the stock is currently neutral.


What is the short term momentum for CNQ stock?

The short term momentum for CANADIAN NATURAL RESOURCES (CNQ.CA) is neutral.