(CNQ) Canadian Natural complete technical analysis [charts+indicators] | Buy/Sell Canadian Natural | (CNQ) share price targets
Complete technical analysis of Canadian Natural (CNQ) by charts plus indicators, forecast predictions and share price targets for Canadian Natural (CNQ)
Canadian Natural trades in USA in Energy sector.
Showing technical analysis as on 2024-02-21 View latest technical analysis
10 day averaged volume of Canadian Natural is 2781770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 65.06 | 63.23 | 65.22 | 63.21 | 1.062 times |
| 20 Tue Feb 2024 | 63.19 | 63.05 | 64.04 | 62.78 | 0.857 times |
| 16 Fri Feb 2024 | 63.12 | 62.65 | 63.37 | 62.46 | 0.672 times |
| 15 Thu Feb 2024 | 62.92 | 60.10 | 62.99 | 60.10 | 1.237 times |
| 14 Wed Feb 2024 | 60.06 | 59.90 | 60.34 | 59.53 | 1.109 times |
| 13 Tue Feb 2024 | 59.40 | 60.75 | 61.02 | 58.91 | 1.042 times |
| 12 Mon Feb 2024 | 61.04 | 61.01 | 61.23 | 60.60 | 0.754 times |
| 09 Fri Feb 2024 | 60.82 | 60.69 | 61.00 | 60.35 | 0.795 times |
| 08 Thu Feb 2024 | 60.58 | 60.41 | 60.89 | 60.00 | 1.458 times |
| 07 Wed Feb 2024 | 60.32 | 60.90 | 61.12 | 59.88 | 1.033 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 64.1, but if it comes below 64.1, then a intra day sell could be more profitable.
If you take a sell trade below 64.1, then use 64.1 as stoploss and 62.3 as target. However if you take a buy trade in stock , then use 64.1 as stoploss and 66.3 as target.
Share price targets for Canadian Natural (CNQ)
| Target Type | Value |
| Downside Target | 58.91 |
| Downside Target | 63.37 |
| Downside Target | 64.95 |
| Upside Target | 65.11 |
| Upside Target | 65.22 |
| Upside Target | 67.70 |
| Upside Target | 68.13 |
| Upside Target | 68.30 |
| Upside Target | 68.74 |
Intraday share price targets for Canadian Natural (CNQ)
| Target Type | Value |
| Downside Intraday Target | 63.49 |
| Downside Intraday Target | 61.91 |
| Upside Intraday Target | 65.93 |
| Upside Intraday Target | 66.79 |
| Downside Intraday Target | 64.35 |
Weekly technical analysis of Canadian Natural (CNQ)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 65.06 | 63.05 | 65.22 | 62.78 | 0.399 times |
| 16 Fri Feb 2024 | 63.12 | 61.01 | 63.37 | 58.91 | 0.744 times |
| 09 Fri Feb 2024 | 60.82 | 60.57 | 61.13 | 59.32 | 0.957 times |
| 02 Fri Feb 2024 | 60.65 | 64.19 | 65.11 | 60.26 | 1.341 times |
| 26 Fri Jan 2024 | 64.33 | 62.89 | 64.95 | 61.95 | 1.25 times |
Price has moved up 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 Natural (CNQ)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 65.06 | 64.19 | 65.22 | 58.91 | 0.697 times |
| 31 Wed Jan 2024 | 63.99 | 65.41 | 68.13 | 61.95 | 0.934 times |
| 29 Fri Dec 2023 | 65.52 | 66.98 | 68.74 | 60.49 | 0.955 times |
| 30 Thu Nov 2023 | 66.80 | 63.76 | 68.30 | 61.66 | 1.167 times |
Scroll below to view daily charts
Price has moved up 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 Natural (CNQ)
Price action analysis of Canadian Natural ( (CNQ) ) based on a short 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.
Price action analysis of Canadian Natural ( (CNQ) ) based on a short 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.
Price action analysis of Canadian Natural ( (CNQ) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Canadian Natural ( (CNQ) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Canadian Natural stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Canadian Natural in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Canadian Natural Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Canadian Natural in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Canadian Natural is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 61.58 and Canadian Natural (CNQ) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Canadian Natural (CNQ) stock. Volume based technical analysis of Canadian Natural (CNQ) stock is negative.
Canadian Natural Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Canadian Natural ( (CNQ) ) based on a short 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.
Price action analysis of Canadian Natural ( (CNQ) ) based on a short 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.
Price action analysis of Canadian Natural ( (CNQ) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Canadian Natural ( (CNQ) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Canadian Natural stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Canadian Natural in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Canadian Natural Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Canadian Natural in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Canadian Natural is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 61.58 and Canadian Natural (CNQ) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Canadian Natural (CNQ) stock. Volume based technical analysis of Canadian Natural (CNQ) stock is negative.
Canadian Natural Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.