CANADIAN NATURAL RESOURCES (CNQ.CA) Stock Technical Analysis
TSX:CNQ - Toronto Stock Exchange - CA1363851017 - Common Stock - Currency: CAD
Overall CNQ gets a technical rating of 0 out of 10. CNQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
80% of all other stocks performed better in the past year than CNQ.
CNQ 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.
CNQ has an average volume of 9543720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CNQ is part of the Oil, Gas & Consumable Fuels industry. There are 221 other stocks in this industry, CNQ did better than 43% of them.
In the last month CNQ has a been trading in the 37.11 - 44.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of CNQ is bad and it also does not present a 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.
More info and screens
39.97
53.37
We found 1 important support area.
- A support zone ranging from 40.37 to 40.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 41.77 to 41.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 43.51 to 44.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.33 to 49.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @52.84 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.82
Mansfield-1.75
10 Day High42.87
10 Day Low37.11
20 Day High44.43
20 Day Low37.11
52 Week High56.5
52 Week Low37.11
Performance
1 Week-0.27%
2 Weeks-4.5%
1 Month-7.3%
3 Month-10.78%
6 Month-9.61%
12 Month-15.76%
2 Year8.95%
3 Year5.26%
5 Year323.27%
10 Year109.89%
15 Year333.58%
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)-0.12
RSI(14)41.16
LBB38.13
UBB44.19
TSX:CNQ (3/7/2025, 7:00:00 PM)
40.74
+0.79 (+1.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.98%
1 Week-0.27%
2 Weeks-4.5%
1 Month-7.3%
3 Month-10.78%
6 Month-9.61%
12 Month-15.76%
2 Year8.95%
3 Year5.26%
5 Year323.27%
10 Year109.89%
15 Year333.58%
Volatility
ATR(14)1.28
ATR(20)%2.84%
ATR Inc43.51%
Range Today1.07
ADR(20)1.11
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.82
Mansfield-1.75
10 Day High42.87
10 Day Low37.11
20 Day High44.43
20 Day Low37.11
52 Week High56.5
52 Week Low37.11
CS1 End40.73
CR1 Start41.77
Volume & EV
DER(3)0.09%
DER(5)-0.67%
Volume20.19M
Volume Incr166.3%
Vol(5)23.91M
Vol(50)9.54M