CNQ Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Canadian Natural Resources Ltd (CNQ) Moving Averages Convergence Divergence (MACD) indicator is -0.121, suggesting CNQ is Strong Sell.

Canadian Natural Resources Ltd (CNQ) 20-Day simple moving average is 45.654, while Canadian Natural Resources Ltd (CNQ) share price is $44.53, making it Sell.

Canadian Natural Resources Ltd (CNQ) 60-Day simple moving average is 45.927, while Canadian Natural Resources Ltd (CNQ) share price is $44.53, making it Sell.

Technical Analysis for CNQ

Technical Sentiment Analysis for Canadian Natural Resources Ltd (CNQ) As of 2026-05-08, Canadian Natural Resources Ltd (CNQ) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 3 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CNQ stands at 43.374, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.121, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 37.526 and the Commodity Channel Index (CCI) at -59.916 further confirm a 0.29 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CNQ is trading above its 60-day moving average of $45.927 and above its 200-day long-term moving average of $36.632. Key price levels to watch include the immediate resistance at $48.578 and strong support at $43.938. A break above $48.578 could signal a bull continuation, while falling below $43.938 may test the next Fibonacci floor at $41.519.

Canadian Natural Resources Ltd (CNQ) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	39.298	41.519	43.938	46.159	48.578	50.799	53.218
Fibonacci	41.519	43.291	44.387	46.159	47.931	49.027	50.799

Canadian Natural Resources Ltd (CNQ) Technical Indicators

2026-05-08

Name	Value
RSI_14	43.374
STOCHk_14_3_3	37.526
STOCHd_14_3_3	59.367
CCI_20	-59.916
AO_5_34	-0.659
MOM_10	0.29
MACD_12_26_9	-0.121

Canadian Natural Resources Ltd (CNQ) Relative Strength Index (RSI) is 43.374, creating a Neutral signal.

Canadian Natural Resources Ltd (CNQ) Stochastic Oscillator is 37.526, creating a Neutral signal.

Canadian Natural Resources Ltd (CNQ) Stochastic RSI is 59.367, creating a Neutral signal.

Canadian Natural Resources Ltd (CNQ) Commodity Channel Index (CCI) is -59.916, creating a Neutral signal.

Canadian Natural Resources Ltd (CNQ) Awesome Oscillator is -0.659, creating a Sell signal.

Canadian Natural Resources Ltd (CNQ) Momentum is 0.29, creating a Buy signal.

Canadian Natural Resources Ltd (CNQ) MACD is -0.121, creating a Sell signal.

Canadian Natural Resources Ltd (CNQ) Moving Average

2026-05-08

Period	Simple	Signal
MA_5	46.066	Sell
MA_10	46.357	Sell
MA_20	45.654	Sell
MA_60	45.927	Sell
MA_200	36.632	Buy
MA_250	35.633	Buy

Canadian Natural Resources Ltd (CNQ) 5-Day simple moving average is 46.066, while Canadian Natural Resources Ltd (CNQ) share price is $44.53, making it a Sell.

Canadian Natural Resources Ltd (CNQ) 10-Day simple moving average is 46.357, while Canadian Natural Resources Ltd (CNQ) share price is $44.53, making it a Sell.

Canadian Natural Resources Ltd (CNQ) 20-Day simple moving average is 45.654, while Canadian Natural Resources Ltd (CNQ) share price is $44.53, making it a Sell.

Canadian Natural Resources Ltd (CNQ) 60-Day simple moving average is 45.927, while Canadian Natural Resources Ltd (CNQ) share price is $44.53, making it a Sell.

Canadian Natural Resources Ltd (CNQ) 200-Day simple moving average is 36.632, while Canadian Natural Resources Ltd (CNQ) share price is $44.53, making it a Buy.

Canadian Natural Resources Ltd (CNQ) 250-Day simple moving average is 35.633, while Canadian Natural Resources Ltd (CNQ) share price is $44.53, making it a Buy.

People Also Watch

Frequently Asked Questions

What is the current technical consensus for CNQ?

The overall technical consensus for Canadian Natural Resources Ltd (CNQ) is currently Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 1 buy signals and 3 sell signals.

What are the key support and resistance levels for Canadian Natural Resources Ltd (CNQ) today?

Based on pivot point calculations, Canadian Natural Resources Ltd (CNQ) has an immediate support level at 43.938 and a major resistance level at 48.578. Traders also monitor the pivot point at 46.159 to determine the intraday trend direction.

Is Canadian Natural Resources Ltd (CNQ) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Canadian Natural Resources Ltd (CNQ) is currently 43.374. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Canadian Natural Resources Ltd (CNQ)?

Canadian Natural Resources Ltd (CNQ) Moving Averages Convergence Divergence (MACD) indicator is -0.121, suggesting CNQ is Strong Sell. This indicator helps identify potential trend reversals or momentum shifts for Canadian Natural Resources Ltd.

How is Canadian Natural Resources Ltd (CNQ) performing relative to its 200-day moving average?

Canadian Natural Resources Ltd (CNQ) is currently trading at $44.53, which is above its 200-day simple moving average of 36.632. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.