CANADIAN NATL RAILWAY CO (CNI) Stock Technical Analysis
NYSE:CNI - New York Stock Exchange, Inc. - CA1363751027 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CNI. CNI 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 negative, as is the long term trend. There should be more interesting stocks out there.
85% of all other stocks performed better in the past year than CNI.
CNI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CNI has a been trading in the 92.32 - 104.69 range, which is quite wide. It is currently trading near the lows of this range.
CNI has an average volume of 1573290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CNI is an average performer in the Ground Transportation industry, it outperforms 46% of 40 stocks in the same industry.
CNI 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. There is a support zone below the current price at 92.56, a Stop Loss order could be placed below this zone.
More info and screens
91.57
107.85
When analyzing the support we notice one important area.
- A support zone ranging from 92.49 to 92.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 92.58 to 94.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 99.50 to 101.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 104.57 to 106.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for CNI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNI is down. |
| ChartMill Relative Strength | 15.81 | NEGATIVE | CNI has a low relative strength, it was outperformed by 84.19% off all stocks 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) | DOWN | NEGATIVE | The current price of CNI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.71 | OVERSOLD | The low RSI value suggests CNI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests CNI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.1 | OVERSOLD | The low Stochastics value suggests CNI may be oversold. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for CNI suggests low volalility. |
| Average Directional Index/ADX (14) | 38.38 | POSITIVE | The high ADX value value for CNI suggests a strong trend. |
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)
92.57
+0.08 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg0.09%
1 Week-0.31%
2 Weeks-3.44%
1 Month-12.01%
3 Month-7.76%
6 Month-8.87%
12 Month-16.48%
2 Year-17.8%
3 Year-22.15%
5 Year-11.48%
10 Year66.85%
15 Year203.41%
Volatility
ATR(14)1.55
ATR(20)%1.8%
ATR Inc-21.67%
Range Today0.71
ADR(20)1.46
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.81
Mansfield-1.94
10 Day High96.55
10 Day Low92.32
20 Day High104.69
20 Day Low92.32
52 Week High121.12
52 Week Low91.65
CS1 End92.56
CR1 Start92.58
Volume & EV
DER(3)-2.87%
DER(5)-0.46%
Volume933.70K
Volume Incr-30.62%
Vol(5)1.27M
Vol(50)1.57M