Technical Analysis for CNQ - Canadian Natural Resources Limited

Grade Last Price % Change Price Change
grade F 22.91 4.04% 0.890
CNQ closed up 4.04 percent on Friday, July 10, 2020, on 58 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical CNQ trend table...

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.00%
Inside Day Range Contraction 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Below Lower BB Weakness 4.04%
Down 3 Days in a Row Weakness 4.04%
Down 4 Days in a Row Weakness 4.04%
Lower Bollinger Band Touch Weakness 4.04%
Oversold Stochastic Weakness 4.04%
Stochastic Reached Oversold Weakness 1.37%

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company is engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, natural gas and natural gas liquids (NGLs). Its exploration and production operations are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea and Cote d'Ivoire, Gabon, and South Africa in Offshore Africa. The Horizon Oil Sands Mining and Upgrading segment (Horizon) produces synthetic crude oil through bitumen mining and upgrading operations. Within Western Canada, the Company maintains certain midstream activities that include pipeline operations, an electricity co-generation system and an investment in the North West Redwater Partnership (Redwater Partnership), a general partnership formed in the Province of Alberta.
Energy Natural Gas S&P/Tsx 60 Index Petroleum Industry Petroleum Crude Oil Natural Gas Liquids Petroleum Industry In Canada Petroleum Geology Natural Gas Exploration Oil Sands Energy Industry Midstream Oil Fields Synthetic Crude Oil

Is CNQ a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 42.57
52 Week Low 9.8
Average Volume 8,940,119
200-Day Moving Average 30.462
50-Day Moving Average 24.316
20-Day Moving Average 23.509
10-Day Moving Average 23.285
Average True Range 1.035
ADX 13.62
+DI 20.100
-DI 28.289
Chandelier Exit (Long, 3 ATRs ) 25.194
Chandelier Exit (Short, 3 ATRs ) 25.106
Upper Bollinger Band 24.646
Lower Bollinger Band 22.371
Percent B (%b) 0.24
BandWidth 9.681
MACD Line -0.493
MACD Signal Line -0.330
MACD Histogram -0.1631
Fundamentals Value
Market Cap 27.84 Billion
Num Shares 1.22 Billion
EPS 1.39
Price-to-Earnings (P/E) Ratio 16.48
Price-to-Sales 3.90
Price-to-Book 1.66
PEG Ratio 0.34
Dividend 1.10
Dividend Yield 4.80%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.335
Resistance 3 (R3) 24.193 23.577 24.098
Resistance 2 (R2) 23.577 23.214 23.648 24.018
Resistance 1 (R1) 23.243 22.990 23.410 23.385 23.939
Pivot Point 22.627 22.627 22.710 22.698 22.627
Support 1 (S1) 22.293 22.264 22.460 22.435 21.881
Support 2 (S2) 21.677 22.040 21.748 21.802
Support 3 (S3) 21.343 21.677 21.723
Support 4 (S4) 21.485