CANADIAN NATURAL RESOURCES (CNQ)

CA1363851017 - Common Stock

33.23  -0.56 (-1.66%)

After market: 33 -0.23 (-0.69%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to CNQ. CNQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

68% of all other stocks performed better in the past year than CNQ.
In the last month CNQ has a been trading in the 33.09 - 37.63 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CNQ has an average volume of 4759590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CNQ is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 62% of 208 stocks in the same industry.
CNQ 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 CNQ is lagging the market slightly.
Weekly and Daily overview Charts
CNQ Weekly chart
CNQ Daily chart
Setup Rating and Analysis

2

The technical rating of CNQ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

30.40

37.79

We found 2 important support areas.

  • Support @33.22 from a horizontal line in the weekly time frame.
  • A support zone ranging from 30.71 to 30.96. This zone is formed by a combination of multiple trend lines in the weekly time frame.

We can see 3 important resistance areas.

  • Resistance @33.54 from a trend line in the daily time frame.
  • A resistance zone ranging from 35.37 to 35.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 36.53 to 37.42. 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
CRS32.33
Mansfield-1.15
10 Day High37.63
10 Day Low33.09
20 Day High37.63
20 Day Low33.09
52 Week High41.29
52 Week Low29.46
Performance
1 Week-9.99%
2 Weeks-7.2%
1 Month-3.4%
3 Month-5.53%
6 Month-7.3%
12 Month2.32%
2 Year42.71%
3 Year81.88%
5 Year149.57%
10 Year71.11%
15 Year97.83%
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)-0.36
RSI(14)34.89
LBB33.28
UBB38.18
CNQ Daily chart

CANADIAN NATURAL RESOURCES

NYSE:CNQ (9/6/2024, 8:04:00 PM)

After market: 33 -0.23 (-0.69%)

33.23

-0.56 (-1.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.66%
1 Week-9.99%
2 Weeks-7.2%
1 Month-3.4%
3 Month-5.53%
6 Month-7.3%
12 Month2.32%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.87
ATR(20)%2.44%
ATR Inc
Range Today1.06
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 High37.63
10 Day Low33.09
20 Day High37.63
20 Day Low33.09
52 Week High41.29
52 Week Low29.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.92M
Volume Incr-2.64%
Vol(5)4.47M
Vol(50)4.76M