CANADIAN NATL RAILWAY CO (CNI)

CA1363751027 - Common Stock

131.71  +0.06 (+0.05%)

After market: 131.71 0 (0%)

Technical Rating and Analysis

7

Overall CNI gets a technical rating of 7 out of 10. Although CNI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
CNI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CNI has an average volume of 1035060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CNI outperforms 59% of them, which is more or less in line with the market.
CNI is an average performer in the Ground Transportation industry, it outperforms 52% of 37 stocks in the same industry.
In the last month CNI has a been trading in a tight range between 126.48 and 134.02.
Weekly and Daily overview Charts
CNI Weekly chart
CNI Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, CNI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 131.61, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

105.96

134.17

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 127.89 to 131.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 122.75 to 125.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @107.03 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 131.84 to 132.84. 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
CRS59.88
Mansfield-0.44
10 Day High134.02
10 Day Low127.35
20 Day High134.02
20 Day Low126.48
52 Week High134.02
52 Week Low103.96
Performance
1 Week-0.84%
2 Weeks2.75%
1 Month1.56%
3 Month4.84%
6 Month21.58%
12 Month11.65%
2 Year-1.81%
3 Year13.56%
5 Year47.19%
10 Year134.28%
15 Year643.08%
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)0.06
RSI(14)56.67
LBB127.59
UBB133.11
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
132.85127.345.51 (4.15%)24.11%
An entry @132.85. This is a Buy Stop order right above the resistance zone.An exit @127.34. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 5.51 points, which is 4.15%.When investing 24.11% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CNI Daily chart

CANADIAN NATL RAILWAY CO

NYSE:CNI (3/28/2024, 8:04:00 PM)

After market: 131.71 0 (0%)

131.71

+0.06 (+0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg0.05%
1 Week-0.84%
2 Weeks2.75%
1 Month1.56%
3 Month4.84%
6 Month21.58%
12 Month11.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.87
ATR(20)%1.46%
ATR Inc
Range Today1.33
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 High134.02
10 Day Low127.35
20 Day High134.02
20 Day Low126.48
52 Week High134.02
52 Week Low103.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume786.80K
Volume Incr-17.96%
Vol(5)803.90K
Vol(50)1.04M