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Stock Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Canadian Natural Resources Limited (NYSE:CNQ)

Bear Market Rally (-75) - CNQ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CNQ as it may be in the beginning 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.

Open High Low CNQ Price Change
52.52 54.09 52.52 53.77 +1.15
Entry Signal

MarketClub’s Trade Triangles for CNQ

long term down The long-term trend has been DOWN since Mar 15th, 2023 at 51.64

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2023 at 57.44

short term up The short-term trend has been UP since Mar 28th, 2023 at 53.29

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).

Smart Scan Analysis for CNQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.52 54.09 52.52 53.77 +1.15
Prev. Close Volume Bid Ask Time
52.62 1528136 2023-03-28 15:59:57
Year High38.2Year High Date2018-05-22
Year Low24.02Year Low Date2018-11-28
52wk High70.652wk High Date2022-04-21
52wk Low44.4552wk Low Date2022-09-26
Year End Close28.87Average Volume2,848,725
Shares Outstanding1,094,668Short Interest8,866,537
% Institutional69Market Cap30,212M
P/E Ratio7.4755Beta1.45
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