Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Canadian National Railway Company (NYSE:CNI)
Long-Term Uptrend (+90) - CNI is in a strong uptrend that is likely to continue. While CNI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CNI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNI
The long-term trend has been UP since Dec 1st, 2023 at 116.80
The intermediate-term trend has been UP since Nov 3rd, 2023 at 109.93
The short-term trend has been UP since Nov 30th, 2023 at 114.87
Smart Scan Analysis for CNI
Based on our trend formula, CNI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||91.9||Year High Date||2018-10-01|
|Year Low||70.59||Year Low Date||2018-03-23|
|52wk High||129.47||52wk High Date||2022-12-13|
|52wk Low||103.96||52wk Low Date||2023-10-27|
|Year End Close||91.01||Average Volume||1,239,471|
|Shares Outstanding||788,668||Short Interest||3,180,059|
|% Institutional||73.3||Market Cap||66,607M|