Should You Buy Canadian National Railway Co (CNI) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
Buy now for a long-term position. CNI’s longer-term trend remains constructive (bullish moving-average stack), Wall Street sentiment has been improving via multiple upgrades/target raises, and recent quarterly results show steady EPS and margin improvement. Near-term momentum is soft (negative MACD, price slightly below pivot), but for a beginner long-term investor who doesn’t want to wait for a perfect entry, the current level is an acceptable entry ahead of the next 1–3 month upside skew implied by the pattern stats.
Technical Analysis
Trend/price action: The moving averages are bullish (SMA_5 > SMA_20 > SMA_200), which supports a sustained uptrend on a medium-to-long horizon. However, MACD histogram is slightly negative and expanding (-0.0147), indicating short-term momentum has weakened.
Momentum: RSI(6)=44.37 is neutral-to-slightly soft (not oversold), suggesting there may still be room for chop/another small dip before renewed strength.
Key levels: Price 98.88 is just below the pivot (99.11). Near support sits at S1=97.64 (then S2=96.74). Near resistance is R1=100.58 then R2=101.48. A clean reclaim of ~99.1–100.6 would confirm improving near-term momentum.
Intellectia Proprietary Trading Signals
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock today.
