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(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 2024-01-19 View latest technical analysis

10 day averaged volume of Canadian Natural is 3206180

Date Daily Closing Price Open High Low Volume
19 Fri Jan 2024 62.98 62.59 63.05 62.28 0.618 times
18 Thu Jan 2024 62.59 63.06 63.11 62.21 1.121 times
17 Wed Jan 2024 62.93 62.78 63.03 62.04 0.881 times
16 Tue Jan 2024 63.54 65.27 65.93 63.46 0.877 times
12 Fri Jan 2024 65.20 66.24 66.59 65.11 1.432 times
12 Fri Jan 2024 65.20 66.24 66.59 65.11 1.432 times
11 Thu Jan 2024 65.03 65.39 65.45 64.49 0.893 times
10 Wed Jan 2024 64.57 65.18 65.70 64.48 0.96 times
09 Tue Jan 2024 65.12 65.77 65.85 64.62 1.048 times
08 Mon Jan 2024 65.47 65.71 65.95 64.86 0.915 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 63.9, but if it comes above 63.9, then a intra day buy could be more profitable.
If you take a sell trade below 63.9, then use 63.9 as stoploss and 62.2 as target. However if you take a buy trade in stock , then use 63.9 as stoploss and 65.27 as target.

Share price targets for Canadian Natural (CNQ)

Target Type Value
Downside Target 59.17
Downside Target 60.49
Upside Target 64.48
Upside Target 66.59
Upside Target 67.23
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 61.37
Downside Intraday Target 59.76
Upside Intraday Target 65.26
Upside Intraday Target 67.54
Upside Intraday Target 63.65

Weekly technical analysis of Canadian Natural (CNQ)

Date Weekly Closing Price Open High Low Volume
19 Fri Jan 2024 62.98 65.27 65.93 62.04 2.442 times
12 Fri Jan 2024 65.20 66.24 66.59 65.11 0.273 times
12 Fri Jan 2024 65.20 65.71 66.59 64.48 1.67 times
05 Fri Jan 2024 67.07 65.41 68.13 65.23 6.381 times
29 Fri Dec 2023 65.52 65.38 65.92 65.19 0.193 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Canadian Natural (CNQ)

Date Monthly Closing Price Open High Low Volume
19 Fri Jan 2024 62.98 65.41 68.13 62.04 0.603 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
31 Tue Oct 2023 63.53 64.69 67.70 59.17 0.932 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 Natural (CNQ)

Price action analysis of Canadian Natural ( (CNQ) ) 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 Natural ( (CNQ) ) 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 Natural ( (CNQ) ) based on a short to mid 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 Natural ( (CNQ) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD generated a SELL signal for Canadian Natural in short term and the sell signal is strong.

Canadian Natural Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Canadian Natural in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 64.38 and Canadian Natural (CNQ) 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 Natural (CNQ) stock. Volume based technical analysis of Canadian Natural (CNQ) stock is negative.

Canadian Natural 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.

Price action analysis of Canadian Natural ( (CNQ) ) 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 Natural ( (CNQ) ) 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 Natural ( (CNQ) ) based on a short to mid 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 Natural ( (CNQ) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD generated a SELL signal for Canadian Natural in short term and the sell signal is strong.

Canadian Natural Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Canadian Natural in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 64.38 and Canadian Natural (CNQ) 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 Natural (CNQ) stock. Volume based technical analysis of Canadian Natural (CNQ) stock is negative.

Canadian Natural 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.

Daily charts

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Daily chart
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