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Stock Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
Canadian Natural Resources Limited (NYSE:CNQ)
Sidelines Mode (+55) - CNQ is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for CNQ
The long-term trend has been UP since Apr 14th, 2023 at 62.30
The intermediate-term trend has been DOWN since May 2nd, 2023 at 58.22
The short-term trend has been UP since Jun 2nd, 2023 at 55.26
Smart Scan Analysis for CNQ
Based on our trend formula, CNQ is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 54.5900 | 55.9275 | 54.5000 | 55.8400 | -0.2300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 55.8500 | 1326950 | 2023-06-06 15:59:53 |
| Year High | 38.2 | Year High Date | 2018-05-22 |
| Year Low | 24.02 | Year Low Date | 2018-11-28 |
| 52wk High | 69.08 | 52wk High Date | 2022-06-08 |
| 52wk Low | 44.45 | 52wk Low Date | 2022-09-26 |
| Year End Close | 28.87 | Average Volume | 1,916,477 |
| Shares Outstanding | 1,094,668 | Short Interest | 8,866,537 |
| % Institutional | 69 | Market Cap | 30,212M |
| Assets | 761,420,000M | Liabilities | 379,670,000M |
| P/E Ratio | 7.9344 | Beta | 1.45 |
| Volatility | 38.95 |