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(CNI) Canadian National complete technical analysis [charts+indicators] | Buy/Sell Canadian National | (CNI) share price targets

Complete technical analysis of Canadian National (CNI) by charts plus indicators, forecast predictions and share price targets for Canadian National (CNI)

Canadian National trades in USA in Transportation sector.

Showing technical analysis as on 2024-03-06 View latest technical analysis

10 day averaged volume of Canadian National is 977300

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	126.95	129.80	129.87	126.48	2.539 times
05 Tue Mar 2024	129.59	129.75	130.47	129.30	1.915 times
04 Mon Mar 2024	129.66	130.43	130.43	128.71	1.094 times
01 Fri Mar 2024	130.31	129.37	131.18	129.19	0.78 times
29 Thu Feb 2024	129.69	130.05	130.19	129.39	0.807 times
28 Wed Feb 2024	129.75	130.79	130.90	129.52	1.003 times
27 Tue Feb 2024	131.34	131.28	131.85	130.67	0.83 times
26 Mon Feb 2024	131.61	131.10	132.10	130.67	0.817 times
23 Fri Feb 2024	131.61	131.75	132.12	131.15	0.697 times
22 Thu Feb 2024	131.43	130.00	131.68	129.63	1.455 times

Stock of Canadian National (CNI) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 127.9, but if it comes above 127.9, then a intra day buy could be more profitable.
If you take a sell trade below 127.9, then use 127.9 as stoploss and 126 as target. However if you take a buy trade in stock , then use 127.9 as stoploss and 129.37 as target.

Share price targets for Canadian National (CNI)

Target Type	Value
Downside Target	105.80
Downside Target	115.80
Downside Target	122.23
Upside Target	129.19
Upside Target	129.66
Upside Target	130.47
Upside Target	130.53
Upside Target	131.18
Upside Target	132.10
Upside Target	132.12

Intraday share price targets for Canadian National (CNI)

Target Type	Value
Downside Intraday Target	125.46
Downside Intraday Target	123.98
Upside Intraday Target	129.45
Upside Intraday Target	131.96
Upside Intraday Target	127.97

Weekly technical analysis of Canadian National (CNI)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	126.95	130.43	130.47	126.48	1.31 times
01 Fri Mar 2024	130.31	131.10	132.10	129.19	1.11 times
23 Fri Feb 2024	131.61	129.78	132.12	127.51	0.786 times
16 Fri Feb 2024	129.85	128.47	130.53	124.96	1.105 times
09 Fri Feb 2024	128.57	126.51	129.66	125.86	0.8 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Canadian National (CNI)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	126.95	129.37	131.18	126.48	0.339 times
29 Thu Feb 2024	129.69	124.48	132.12	124.48	0.737 times
31 Wed Jan 2024	124.04	124.36	127.43	122.23	1.268 times
29 Fri Dec 2023	125.63	116.09	126.68	115.80	0.755 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Canadian National (CNI)

Price action analysis of Canadian National ( (CNI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Canadian National ( (CNI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Canadian National ( (CNI) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Canadian National ( (CNI) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Canadian National stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Canadian National in short term but the sell signal is initial and weak.

Canadian National Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Canadian National in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Canadian National is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 129.7 and Canadian National (CNI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Canadian National (CNI) stock. Volume based technical analysis of Canadian National (CNI) stock is negative.

Canadian National Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.