CNQ Stock Price Prediction

Canadian Natural Resources Ltd

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31.920

+0.500(+1.590%)

Overview
Forecast
Valuation

Should I Buy Canadian Natural Resources Ltd Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. CNQ has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.

CNQ stock price ended at $31.92 on Tuesday, after rising 1.59%

The Canadian Natural Resources Ltd stock price increased by 1.59% on the last trading day (13 May 2025), rising from 31.63 to 31.42. Throughout the last trading session, the stock experienced a fluctuation of 1.89% , ranging from a day low of $31.16 to a day high of 31.75. The price has declined in 3 of the last 10 days, resulting in a total change of 6.15% during this period. On the last day, trading volume decrease by -321.49K shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 5.23M shares were traded, amounting to approximately 164.19M.

CNQ Technical Signals

CNQ(Canadian Natural Resources Ltd Corp) has 4 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-04-30. The total price change during this trend is +9.27%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of CNQ over the last 5 trading days is 170.88M. Overall, the technical indicator signals lean more toward a Neutral outlook in the mid-term.

CNQ Moving Average Analysis

Canadian Natural Resources Ltd's overall moving average trend leans more bullish as of Tuesday, May 13, 2025, with 2 negative signals and 2 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $32.016246683333335, and $33.47166668333333. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $27.307086683333335, and $25.851666683333335. A break-down below any of these levels will issue sell signals.

CNQ Short Selling Analysis

The short sale ratio of Canadian Natural Resources Ltd(CNQ) as of 09 May 2025 is 12.23%, dropping from last trading day. With decreasing price from 30.04 to 30.51. The short sell activity indicate that short sellers may be experiencing short cover.

Technical Signal

Technical Signals Summary

Neutral

Sell

Buy

Moving Average

Swing

Positive

Stock Price Above SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Negative

SMA_60 Below SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

4 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 > 0

0.696

Bullish

Momentum (10 days)

MOM_10 > 0

1.75

Bullish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 > 0

0.317

Bullish

Closing price

close > fibonacci_R1

31.35

Bullish

4 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Stochastic Oscillator %K (14, 3, 3)

STOCHk_14_3_3 > 80

89.555

Bearish

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 > 100

238.116

Bearish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 > 80

100

Bearish

Williams %R (14 days)

WILLR_14 > -20

-10.236

Bearish

CNQ Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to Canadian Natural Resources Ltd(CNQ), our algorithm predicts CNQ's 1-month price at $36.40, with an 19.32%upwardshift. Using a similarity score up to 93.56%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for Canadian Natural Resources Ltd (CNQ.N) stock, as of Sunday, May 11, 2025 , forecasts a 19.32% change over the next month, based on its high correlation with FISI.O stock patterns. The similarity between their price movements over the analyzed periods is 93.56%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

CNQ

Future prediction

Up: 19.32%

FISI

Up: 19.32%Similarity: 93.56%

Name

Similarity

Up/Down

FISI.O

93.56%

+19.32%

RAVE.O

93.53%

-3.91%

CNQ Seasonality Analysis

Based on CNQ's historical stock price data across all years, the probability of a positive return in May is45.45%, suggesting it maynotbe an ideal month to invest in CNQ. In contrast,Marchoffers the highest probability of positive returns at72.73%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying Canadian Natural Resources Ltd (CNQ.N) stock in March has the highest probability of a positive return (72.73%), while January has the lowest probability (27.27%).

Performance Seasonality

The chart shows Canadian Natural Resources Ltd. (CNQ)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.