CANADIAN NATL RAILWAY CO (CNI) Technical Analysis
NYSE:CNI • CA1363751027
Current stock price
CNI Technical Rating and Analysis
Taking everything into account, CNI scores 3 out of 10 in our technical rating. CNI has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month CNI has a been trading in the 97.98 - 113.08 range, which is quite wide. It is currently trading near the lows of this range.
- CNI has an average volume of 1892220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, CNI outperforms 56% of them, which is more or less in line with the market.
- CNI is part of the Ground Transportation industry. There are 42 other stocks in this industry, CNI did better than 53% of them.
- CNI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CNI is lagging the market slightly.
CNI Weekly and Daily overview Charts
CNI Setup Rating and Analysis
CNI has a poor technical rating and the quality of the setup is also only medium 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
CNI Support and Resistance Analysis
91.57
We found 2 important support areas.
- A support zone ranging from 96.92 to 99.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 92.49 to 92.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 101.62 to 105.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 111.69 to 113.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
CNI 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CNI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNI is down. |
| ChartMill Relative Strength | 56.61 | NEUTRAL | CNI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CNI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CNI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.22 | NEUTRAL | The RSI value for CNI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests CNI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.76 | NEUTRAL | The Stochastics value for CNI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for CNI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.83 | POSITIVE | The high ADX value value for CNI suggests a strong trend. |
CNI Chart- and CandleStick Pattern Analysis
CNI Technicals: Chart, Performance Metrics, Trend & Indicators
101.59
-0.3 (-0.29%)
CANADIAN NATL RAILWAY CO / CNI TA FAQ
What is the technical rating for CNI stock?
ChartMill assigns a technical rating of 3 / 10 to CNI.
What is the trend direction for CNI stock?
The current trend direction for CANADIAN NATL RAILWAY CO (CNI) is Bearish.
What is the RSI signal for CNI stock?
CANADIAN NATL RAILWAY CO (CNI) has an RSI value of 43.2246. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CANADIAN NATL RAILWAY CO?
The short term momentum for CANADIAN NATL RAILWAY CO (CNI) is negative.
Can you provide the support and resistance levels for CANADIAN NATL RAILWAY CO?
CANADIAN NATL RAILWAY CO (CNI) has a support level at 99.52 and a resistance level at 101.62. Check the full technical report for our detailed analysis of CNI support and resistance levels.