CANADIAN NATURAL RESOURCES (CNQ) Technical Analysis
NYSE:CNQ • CA1363851017
Current stock price
47.5 USD
+0.94 (+2.02%)
Last:
CNQ Technical Rating and Analysis
Overall CNQ gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CNQ has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that CNQ is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by CNQ over the past year are nicely spread over this period.
- CNQ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CNQ is performing more or less in line with the market.
- CNQ has an average volume of 11126900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CNQ is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 65% of 209 stocks in the same industry.
- In the last month CNQ has a been trading in the 44.30 - 51.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CNQ Weekly and Daily overview Charts
CNQ Setup Rating and Analysis
Although CNQ has an excellent technical rating, the quality of the presented setup is not ideal 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
CNQ Support and Resistance Analysis
29.99
51.07
We found 3 important support areas.
- A support zone ranging from 32.75 to 32.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.42 from a trend line in the daily time frame.
- Support @30.29 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 50.10 to 50.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
CNQ Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for CNQ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CNQ is neutral. |
| ChartMill Relative Strength | 89.9 | POSITIVE | CNQ has a high relative strength, it outperformed 89.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CNQ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.33 | NEUTRAL | The RSI value for CNQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests CNQ has a negative trend. |
| Stochastics (14,3) | 36.41 | NEUTRAL | The Stochastics value for CNQ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for CNQ suggests some volalility. |
| Average Directional Index/ADX (14) | 47.37 | POSITIVE | The high ADX value value for CNQ suggests a strong trend. |
CNQ Chart- and CandleStick Pattern Analysis
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)
CNQ Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:CNQ (4/2/2026, 11:50:07 AM)
47.5
+0.94 (+2.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.02%
1 Week-5.33%
2 Weeks-5.17%
1 Month5.39%
3 Month35.66%
6 Month46.28%
12 Month68.82%
2 Year22.82%
3 Year52.73%
5 Year206.52%
10 Year210.19%
15 Year98.3%
Volatility
ATR(14)1.56
ATR(20)%3.34%
ATR Inc85.59%
Range Today1.7
ADR(20)1.43
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.9
3 months CRS95.57
6 months CRS94.85
Mansfield3.4
10 Day High51.34
10 Day Low46.2
20 Day High51.34
20 Day Low44.31
52 Week High51.34
52 Week Low24.65
CS1 End32.93
CR1 Start50.1
Volume & EV
DER(3)-0.41%
DER(5)0.88%
Volume5.39M
Volume Incr14.98%
Vol(5)14.86M
Vol(50)11.13M
CANADIAN NATURAL RESOURCES / CNQ TA FAQ
Can you provide the ChartMill technical rating for CANADIAN NATURAL RESOURCES?
ChartMill assigns a technical rating of 10 / 10 to CNQ.
Can you provide the trend direction for CANADIAN NATURAL RESOURCES?
The current trend direction for CANADIAN NATURAL RESOURCES (CNQ) is Bullish.
What is the RSI signal for CANADIAN NATURAL RESOURCES (CNQ) stock?
CANADIAN NATURAL RESOURCES (CNQ) has an RSI value of 49.3308. This indicates that the stock is currently neutral.
What is the MACD signal for CNQ stock?
The MACD indicator for CANADIAN NATURAL RESOURCES (CNQ) has a value of -0.487355, indicating a bearish trend.