CANADIAN NATURAL RESOURCES (CNQ) Stock Technical Analysis
NYSE:CNQ - New York Stock Exchange, Inc. - CA1363851017 - Common Stock
Taking everything into account, CNQ scores 1 out of 10 in our technical rating. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CNQ is a bad performer in the overall market: 76% of all stocks are doing better.
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.
CNQ has an average volume of 4848210 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 210 other stocks in this industry, CNQ did better than 42% of them.
In the last month CNQ has a been trading in the 29.23 - 33.51 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.
Although the technical rating is bad, CNQ does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for CNQ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
29.21
37.06
We found 2 important support areas.
- Support @30.32 from a horizontal line in the weekly time frame.
- A support zone ranging from 29.51 to 29.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 31.87 to 32.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.81 from a horizontal line in the daily time frame.
- A resistance zone ranging from 35.74 to 35.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.69 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
CRS24.99
Mansfield-1.69
10 Day High33.51
10 Day Low30.52
20 Day High33.51
20 Day Low29.23
52 Week High41.29
52 Week Low29.23
Performance
1 Week1.05%
2 Weeks0.92%
1 Month7.27%
3 Month-10.38%
6 Month-7.44%
12 Month-0.95%
2 Year3.71%
3 Year25.14%
5 Year126.52%
10 Year120.18%
15 Year99.72%
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)0.1
RSI(14)51.81
LBB30.18
UBB33.07
CANADIAN NATURAL RESOURCES
NYSE:CNQ (1/21/2025, 8:04:00 PM)
After market: 31.9 +0.04 (+0.13%)31.86
+0.74 (+2.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.38%
1 Week1.05%
2 Weeks0.92%
1 Month7.27%
3 Month-10.38%
6 Month-7.44%
12 Month-0.95%
2 Year3.71%
3 Year25.14%
5 Year126.52%
10 Year120.18%
15 Year99.72%
Volatility
ATR(14)0.83
ATR(20)%2.45%
ATR Inc18.07%
Range Today1.15
ADR(20)0.73
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.99
Mansfield-1.69
10 Day High33.51
10 Day Low30.52
20 Day High33.51
20 Day Low29.23
52 Week High41.29
52 Week Low29.23
CS1 End30.32
CR1 Start31.87
Volume & EV
DER(3)3.93%
DER(5)2.04%
Volume7.80M
Volume Incr80.69%
Vol(5)8.61M
Vol(50)4.85M