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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Canadian Natural Resources Ltd (TSE:CNQ)

Countertrend Up (+85) - CNQ is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
106.00 106.83 105.85 106.63 +0.33
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 up The intermediate-term trend has been UP since Feb 21st, 2024 at 87.19

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 109.14

Smart Scan Analysis for CNQ

Based on our trend formula, CNQ is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CNQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
106.00 106.83 105.85 106.63 +0.33
Prev. Close Volume Bid Ask Time
106.30 230769 2024-04-18 10:19:25
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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