CANADIAN NATURAL RESOURCES (CNQ)

CA1363851017 - Common Stock

34.55  +0.77 (+2.28%)

After market: 34.5 -0.05 (-0.14%)

Technical Rating and Analysis

1

Overall CNQ gets a technical rating of 1 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.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CNQ is a bad performer in the overall market: 68% of all stocks are doing better.
CNQ has an average volume of 4479640 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 204 other stocks in this industry, CNQ did better than 45% of them.
CNQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CNQ is lagging the market.
In the last month CNQ has a been trading in the 32.62 - 35.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CNQ Weekly chart
CNQ Daily chart
Setup Rating and Analysis

8

CNQ has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

30.89

39.12

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 33.83 to 34.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 32.86 to 32.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 31.96 to 31.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @31.20 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 36.69 to 36.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 37.61 to 37.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @38.73 from a horizontal line in the daily time frame.
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
CRS32.74
Mansfield-1.22
10 Day High34.78
10 Day Low32.62
20 Day High35.63
20 Day Low32.62
52 Week High41.29
52 Week Low29.46
Performance
1 Week1.53%
2 Weeks-0.75%
1 Month-1.57%
3 Month-5.16%
6 Month-9.8%
12 Month5.79%
2 Year15.71%
3 Year69.28%
5 Year147.05%
10 Year107.63%
15 Year105.84%
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)0.02
RSI(14)52.15
LBB33.07
UBB34.99
CNQ Daily chart

CANADIAN NATURAL RESOURCES

NYSE:CNQ (11/21/2024, 8:20:24 PM)

After market: 34.5 -0.05 (-0.14%)

34.55

+0.77 (+2.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.28%
1 Week1.53%
2 Weeks-0.75%
1 Month-1.57%
3 Month-5.16%
6 Month-9.8%
12 Month5.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.81
ATR(20)%2.36%
ATR Inc
Range Today0.88
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 High34.78
10 Day Low32.62
20 Day High35.63
20 Day Low32.62
52 Week High41.29
52 Week Low29.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.30M
Volume Incr4.17%
Vol(5)3.76M
Vol(50)4.48M