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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Canadian Natural Resources Ltd (TSE:CNQ)

Bull Market Weakness (+75) - CNQ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNQ as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CNQ?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNQ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_CNQ
Open High Low CNQ Price Change
103.94 105.98 103.94 105.88 +0.98
Entry Signal

MarketClub’s Trade Triangles for CNQ

long term up The long-term trend has been UP since Feb 29th, 2024 at 93.44

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 103.67

short term up The short-term trend has been UP since May 6th, 2024 at 104.30

Smart Scan Analysis for CNQ

Based on our trend formula, CNQ is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CNQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
103.94 105.98 103.94 105.88 +0.98
Prev. Close Volume Bid Ask Time
105.96 1126044 2024-05-08 15:59:35
Year High49.08Year High Date2018-07-10
Year Low32.08Year Low Date2018-11-28
52wk High49.0852wk High Date2018-07-10
52wk Low32.0852wk Low Date2018-11-28
Year End Close28.64Average Volume3,779,643
Volatility36.03Payment Date2019-01-01
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