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Canadian Natural Resources Limited

CNQ Technical Analysis Summary (NYSE)

Analyze CNQ on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CNQ●NYSE
EnergyOil & Gas Exploration & Production
$50.32
$0.25(0.50%)
U.S. Market opens in 12h 3m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CNQ Technical Analysis Summary (NYSE)

Canadian Natural Resources Limited (NYSE: CNQ) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 55.74)
Trend Strength:Weak (ADX: 18.81)
Volatility:Medium (ATR: 1.28)
Support/Resistance:$48.74 – $52.08 (Bollinger Bands)

Technical conditions suggest Canadian Natural Resources Limited on the NYSE is awaiting a decisive move. This mix signals that Canadian Natural Resources Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 55.74

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 48.29

Neutral
Mid-range signal with no clear trend.

Williams %R: -53.78

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.71

Neutral
Price change is minimal.

Takeaway:Canadian Natural Resources Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.99

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.81

Weak
Weak trend, market trading sideways.

ATR (14): 1.28

Low
Low volatility, stable price action.

CCI (14): 1.52

Neutral
Neutral, no strong directional signal.

Takeaway:Canadian Natural Resources Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$52.08
Middle Band (SMA 20)
$50.41
Lower Band
$48.74
Current Position
Within Bands

Takeaway:Canadian Natural Resources Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$52.51
Middle Line (EMA 20)
$49.94
Lower Channel
$47.38
Squeeze Status
Squeeze On

Takeaway:Canadian Natural Resources Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-5.91M
Money Flow Index39.26Bearish, selling pressure outweighs inflows.
Relative Vigor Index50.30Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CNQ shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Canadian Natural Resources Limited (NYSE: CNQ), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Canadian Natural Resources Limited are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: CNQ) Technical Analysis FAQ