CANADIAN NATURAL RESOURCES (CNQ.CA)

CA1363851017 - Common Stock

43.4  -0.9 (-2.03%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to CNQ. 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.

67% 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. Certainly not because the S&P500 Index is trading near new highs.
In the last month CNQ has a been trading in the 43.39 - 50.72 range, which is quite wide. It is currently trading near the lows of this range.
CNQ has an average volume of 11731900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CNQ is part of the Oil, Gas & Consumable Fuels industry. There are 220 other stocks in this industry, CNQ did better than 58% of them.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CNQ Weekly chart
CNQ Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

42.97

50.32

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 47.39 to 48.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 48.91 to 49.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.2
Mansfield-1.83
10 Day High49.4
10 Day Low43.39
20 Day High50.72
20 Day Low43.39
52 Week High56.5
52 Week Low40.02
Performance
1 Week-3.71%
2 Weeks-12.83%
1 Month-14.04%
3 Month-6.91%
6 Month-11.68%
12 Month-0.39%
2 Year34.99%
3 Year87.43%
5 Year146.24%
10 Year99.49%
15 Year380.22%
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)-0.52
RSI(14)30.58
LBB41.8
UBB51.46
CNQ Daily chart

CANADIAN NATURAL RESOURCES

TSX:CNQ (9/13/2024, 7:00:00 PM)

43.4

-0.9 (-2.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.03%
1 Week-3.71%
2 Weeks-12.83%
1 Month-14.04%
3 Month-6.91%
6 Month-11.68%
12 Month-0.39%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.15
ATR(20)%2.44%
ATR Inc
Range Today0.78
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High49.4
10 Day Low43.39
20 Day High50.72
20 Day Low43.39
52 Week High56.5
52 Week Low40.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume31.96M
Volume Incr120.27%
Vol(5)30.39M
Vol(50)11.73M