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 0.0614, suggesting CNQ is Sell.

Canadian Natural Resources Ltd (CNQ) 20-Day simple moving average is 47.018, while Canadian Natural Resources Ltd (CNQ) share price is $45.37, making it Sell.

Canadian Natural Resources Ltd (CNQ) 60-Day simple moving average is 47.064, while Canadian Natural Resources Ltd (CNQ) share price is $45.37, making it Sell.

Technical Analysis for CNQ

Technical Sentiment Analysis for Canadian Natural Resources Ltd (CNQ) As of 2026-05-29, Canadian Natural Resources Ltd (CNQ) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 6 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CNQ stands at 42.218, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.0614, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 24.377 and the Commodity Channel Index (CCI) at -88.851 further confirm a -2.2 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CNQ is trading above its 60-day moving average of $47.064 and above its 200-day long-term moving average of $37.768. Key price levels to watch include the immediate resistance at $49.984 and strong support at $45.019. A break above $49.984 could signal a bull continuation, while falling below $45.019 may test the next Fibonacci floor at $42.42.

Canadian Natural Resources Ltd (CNQ) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	40.054	42.42	45.019	47.385	49.984	52.35	54.949
Fibonacci	42.42	44.316	45.488	47.385	49.281	50.453	52.35

Canadian Natural Resources Ltd (CNQ) Technical Indicators

2026-05-29

Name	Value
RSI_14	42.218
STOCHk_14_3_3	24.377
STOCHd_14_3_3	39.087
CCI_20	-88.851
AO_5_34	0.394
MOM_10	-2.2
MACD_12_26_9	0.0614

Canadian Natural Resources Ltd (CNQ) Relative Strength Index (RSI) is 42.218, creating a Neutral signal.

Canadian Natural Resources Ltd (CNQ) Stochastic Oscillator is 24.377, creating a Neutral signal.

Canadian Natural Resources Ltd (CNQ) Stochastic RSI is 39.087, creating a Neutral signal.

Canadian Natural Resources Ltd (CNQ) Commodity Channel Index (CCI) is -88.851, creating a Neutral signal.

Canadian Natural Resources Ltd (CNQ) Awesome Oscillator is 0.394, creating a Buy signal.

Canadian Natural Resources Ltd (CNQ) Momentum is -2.2, creating a Sell signal.

Canadian Natural Resources Ltd (CNQ) MACD is 0.0614, creating a Buy signal.

Canadian Natural Resources Ltd (CNQ) Moving Average

2026-05-29

Period	Simple	Signal
MA_5	46.474	Sell
MA_10	47.619	Sell
MA_20	47.018	Sell
MA_60	47.064	Sell
MA_200	37.768	Buy
MA_250	36.551	Buy

Canadian Natural Resources Ltd (CNQ) 5-Day simple moving average is 46.474, while Canadian Natural Resources Ltd (CNQ) share price is $45.37, making it a Sell.

Canadian Natural Resources Ltd (CNQ) 10-Day simple moving average is 47.619, while Canadian Natural Resources Ltd (CNQ) share price is $45.37, making it a Sell.

Canadian Natural Resources Ltd (CNQ) 20-Day simple moving average is 47.018, while Canadian Natural Resources Ltd (CNQ) share price is $45.37, making it a Sell.

Canadian Natural Resources Ltd (CNQ) 60-Day simple moving average is 47.064, while Canadian Natural Resources Ltd (CNQ) share price is $45.37, making it a Sell.

Canadian Natural Resources Ltd (CNQ) 200-Day simple moving average is 37.768, while Canadian Natural Resources Ltd (CNQ) share price is $45.37, making it a Buy.

Canadian Natural Resources Ltd (CNQ) 250-Day simple moving average is 36.551, while Canadian Natural Resources Ltd (CNQ) share price is $45.37, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for CNQ?

The overall technical consensus for Canadian Natural Resources Ltd (CNQ) is currently Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 5 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 45.019 and a major resistance level at 49.984. Traders also monitor the pivot point at 47.385 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 42.218. 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 0.0614, suggesting CNQ is 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 $45.37, which is above its 200-day simple moving average of 37.768. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.