CANADIAN NATURAL RESOURCES (CNQ)

CA1363851017 - Common Stock

76.5  +1.03 (+1.36%)

Technical Rating and Analysis

10

Taking everything into account, CNQ scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CNQ is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CNQ did better than 84% of all other stocks. On top of that, CNQ also shows a nice and consistent pattern of rising prices.
CNQ is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 80% of 214 stocks in the same industry.
A new 52 week high is currently being made by CNQ, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month CNQ has a been trading in the 67.16 - 75.99 range, which is quite wide. It is currently trading near the high of this range.
CNQ has an average volume of 3014560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
CNQ Weekly chart
CNQ Daily chart
Setup Rating and Analysis

3

Although CNQ has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

59.14

77.27

We found 3 important support areas.

  • A support zone ranging from 75.48 to 75.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 71.69 to 72.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 59.74 to 62.73. 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
CRS84.91
Mansfield0.41
10 Day High75.99
10 Day Low72.38
20 Day High75.99
20 Day Low67.16
52 Week High75.99
52 Week Low52.66
Performance
1 Week2.28%
2 Weeks2.1%
1 Month13.95%
3 Month15.19%
6 Month16.7%
12 Month36.35%
2 Year21.77%
3 Year144.48%
5 Year174.44%
10 Year96.69%
15 Year291.44%
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)-0.01
RSI(14)70.88
LBB71.25
UBB76.1
CNQ Daily chart

CANADIAN NATURAL RESOURCES

NYSE:CNQ (3/28/2024, 2:24:08 PM)

76.5

+1.03 (+1.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.36%
1 Week2.28%
2 Weeks2.1%
1 Month13.95%
3 Month15.19%
6 Month16.7%
12 Month36.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.21
ATR(20)%1.99%
ATR Inc
Range Today1.01
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 High75.99
10 Day Low72.38
20 Day High75.99
20 Day Low67.16
52 Week High75.99
52 Week Low52.66
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.39M
Volume Incr-21.06%
Vol(5)2.40M
Vol(50)3.01M