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Canadian Natural Resources Limited

Canadian Natural Resources Limited (CNQ) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Canadian Natural Resources Limited.

CNQ●NYSE
EnergyOil & Gas Exploration & Production
$44.81
$1.48(3.20%)
U.S. Market opens in 7h 54m
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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

Canadian Natural Resources Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.29)
Trend Strength:Weak (ADX: 11.47)
Volatility:Medium (ATR: 1.29)
Support/Resistance:$44.64 – $49.71 (Bollinger Bands)

Technical conditions suggest Canadian Natural Resources Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.29

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 35.55

Bearish
Momentum remains weak below midpoint.

Williams %R: -69.56

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -5.41

Strongly Bearish
Sharp downside momentum.

Takeaway:Canadian Natural Resources Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.06

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 11.47

Weak
Weak trend, market trading sideways.

ATR (14): 1.29

Low
Low volatility, stable price action.

CCI (14): -51.98

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$49.71
Middle Band (SMA 20)
$47.18
Lower Band
$44.64
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$49.41
Middle Line (EMA 20)
$46.83
Lower Channel
$44.24
Squeeze Status
Squeeze On

Takeaway:Canadian Natural Resources Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume60.21M
Money Flow Index37.10Bearish, selling pressure outweighs inflows.
Relative Vigor Index54.32Neutral 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, here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

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

Overall Recommendation:Canadian Natural Resources Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ