CANADIAN NATURAL RESOURCES (CNQ.CA) Stock Technical Analysis
TSX:CNQ - CA1363851017 - Common Stock
43.08 CAD
-1.03 (-2.34%)
Overall CNQ gets a technical rating of 3 out of 10. In the last year, CNQ was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, CNQ is a bad performer in the overall market: 80% of all stocks are doing better.
CNQ is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 62% of 215 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CNQ has a been trading in the 40.62 - 44.12 range, which is quite wide. It is currently trading near the high of this range.
CNQ has an average volume of 12412900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
The technical rating of CNQ is bad and it also does not present a quality setup 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
40.24
47.74
We found 2 important support areas.
- A support zone ranging from 42.84 to 42.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.65 to 42.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 44.06 to 44.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 45.57 to 46.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @47.27 from a horizontal line in the daily time frame.
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 CNQ.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNQ.CA is up. |
| ChartMill Relative Strength | 20.69 | NEGATIVE | CNQ.CA has a low relative strength, it was outperformed by 79.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CNQ.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CNQ.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNQ.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.23 | NEUTRAL | The RSI value for CNQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests CNQ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.46 | OVERBOUGHT | The high Stochastics value suggests CNQ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for CNQ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.96 | NEGATIVE | The low ADX value for CNQ.CA suggests a weak or negative 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)
TSX:CNQ (9/3/2025, 7:00:00 PM)
43.08
-1.03 (-2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.34%
1 Week2.18%
2 Weeks5.95%
1 Month-0.51%
3 Month-0.39%
6 Month5.74%
12 Month-4.42%
2 Year-1.91%
3 Year34%
5 Year303.75%
10 Year231.51%
15 Year142.09%
Volatility
ATR(14)0.74
ATR(20)%1.92%
ATR Inc41.47%
Range Today1.06
ADR(20)0.79
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.69
Mansfield-1.01
10 Day High44.12
10 Day Low40.8
20 Day High44.12
20 Day Low40.62
52 Week High52.15
52 Week Low34.92
CS1 End42.85
CR1 Start44.06
Volume & EV
DER(3)1.14%
DER(5)1.36%
Volume20.45M
Volume Incr36.58%
Vol(5)15.26M
Vol(50)12.41M