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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Canadian Natural Resources Limited (NYSE:CNQ)

Crossroads (-60) - CNQ is struggling to move into a solid trend. Beware of choppy markets 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.

NYSE_CNQ
Open High Low CNQ Price Change
76.3500 77.2000 75.7319 77.0700 +0.3000
Entry Signal

MarketClub’s Trade Triangles for CNQ

long term up The long-term trend has been UP since Feb 29th, 2024 at 68.74

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 75.89

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 79.80

Smart Scan Analysis for CNQ

Based on our trend formula, CNQ is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CNQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.3500 77.2000 75.7319 77.0700 +0.3000
Prev. Close Volume Bid Ask Time
77.0700 2541089 2024-04-23 15:59:58
Year High38.2Year High Date2018-05-22
Year Low24.02Year Low Date2018-11-28
52wk High82.5852wk High Date2024-04-11
52wk Low52.6652wk Low Date2023-06-20
Year End Close28.87Average Volume4,252,138
Shares Outstanding1,094,668Short Interest8,866,537
% Institutional69Market Cap30,212M
Assets759,550,000MLiabilities361,230,000M
P/E Ratio13.6214Beta1.45
Volatility38.95
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