Mobile app version of munafa.best
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-09 View latest technical analysis

10 day averaged volume of Canadian Natural is 3742550

Date Daily Closing Price Open High Low Volume
09 Fri Feb 2024 60.82 60.69 61.00 60.35 0.591 times
08 Thu Feb 2024 60.58 60.41 60.89 60.00 1.084 times
07 Wed Feb 2024 60.32 60.90 61.12 59.88 0.768 times
06 Tue Feb 2024 60.97 60.47 61.13 59.89 0.776 times
05 Mon Feb 2024 59.97 60.57 60.87 59.32 1.589 times
02 Fri Feb 2024 60.65 62.80 63.17 60.26 1.929 times
01 Thu Feb 2024 63.12 64.19 64.85 63.02 0.576 times
31 Wed Jan 2024 63.99 64.94 65.11 63.84 0.502 times
30 Tue Jan 2024 65.02 63.48 65.03 63.47 1.148 times
29 Mon Jan 2024 63.85 64.19 64.68 63.49 0.864 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 61.1, but if it comes above 61.1, then a intra day buy could be more profitable.
If you take a sell trade below 61.1, then use 61.1 as stoploss and 59.2 as target. However if you take a buy trade in stock , then use 61.1 as stoploss and 62.67 as target.

Share price targets for Canadian Natural (CNQ)

Target Type Value
Downside Target 59.17
Upside Target 64.85
Upside Target 64.95
Upside Target 65.11
Upside Target 65.93
Upside Target 66.59
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 59.72
Downside Intraday Target 58.61
Upside Intraday Target 61.53
Upside Intraday Target 62.23
Downside Intraday Target 60.42

Weekly technical analysis of Canadian Natural (CNQ)

Date Weekly Closing Price Open High Low Volume
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
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

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
09 Fri Feb 2024 60.82 64.19 64.85 59.32 0.414 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Canadian Natural stock for short term is SELL. Signal strength is Strong and stock is losing 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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

Although the stock is in the BUY zone, but buying 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 61.65 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Canadian Natural stock for short term is SELL. Signal strength is Strong and stock is losing 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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

Although the stock is in the BUY zone, but buying 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 61.65 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 negative.

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

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme