Canadian Natural Resources Limited (CNQ) Technical Analysis

$31.88▲0.06%

Insights

Canadian Natural Resources is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Canadian Natural Resources stock suggests that it is a good time to buy
Based on analysis of the Moving Averages technical indicator, Canadian Natural Resources stock is Range bound.
Based on analysis of the Pivot Points, the current market trend for Canadian Natural Resources stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	40.12	Neutral
Stochastic	15.76, 7.45	Buy
Ultimate Oscillator	40.47	Neutral
Stochastic Relative Strength Index	6.77, 2.26	Buy
Moving Average Convergence Divergence	-0.09, 0.25	Sell

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	33.23	Sell
20	33.43	Buy
50	32.39	Buy

Exponential Moving Average

Period (Days)	Value	Action
10	32.79	Sell
20	33.02	Buy
50	32.64	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	33.1	Neutral
20	33.36	Neutral
50	32.53	Neutral

Double Exponential Moving Average

Period (Days)	Value	Action
10	32.22	Sell
20	33.04	Sell
50	33.33	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	31.71	Sell
20	32.58	Sell
50	33.47	Buy

Pivot

Pivot	Value
Resistance L3	32.98
Resistance L2	32.64
Resistance L1	31.94
Pivot Point	31.6
Support L1	30.9
Support L2	30.56
Support L3	29.86

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.