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 $33.6 on Wednesday, after losing -1.21%
The Canadian Natural Resources Ltd stock price decreased by -1.21% on the last trading day (18 Jun 2025), dropping from 34 to 33.6. Throughout the last trading session, the stock experienced a fluctuation of 2.54% , ranging from a day low of $33.49 to a day high of 34.34. The price has declined in 2 of the last 10 days, resulting in a total change of 8.70% during this period. On the last day, trading volume decrease by -2.66M shares, with the falling prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 6.71M shares were traded, amounting to approximately 226.11M.
CNQ Technical Signals
CNQ(Canadian Natural Resources Ltd Corp) has 3 buy signals and 3 sell signals now. The current trend is consolidation starting from 2025-05-28. The total price change during this trend is +9.27%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of CNQ over the last 5 trading days is 368.51M. 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 Friday, June 20, 2025, with 1 negative signals and 3 positive signal. In the mid-term, the SMA_20 being above the SMA_60 signals a strong bullish trend. There will be some resistance from the lines at $34.767406666666666, and $36.07766666666667. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $30.527926666666666, and $29.217666666666663. 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 17 Jun 2025 is 6.46%, rising from last trading day. With increasing price from 33.32 to 34.01. The short sell activity indicate that short sellers may be anticipating a price reversion.
Technical Signal
Technical Signals Summary
Sell
3
Buy
3
Moving Average
Swing
PositiveStock Price Above SMA_5
Short Term
PositiveSMA_5 Above SMA_20
Mid Term
PositiveSMA_20 Above SMA_60
Long Term
NegativeSMA_60 Below SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
3 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
2.442
Bullish
Momentum (10 days)
MOM_10 > 0
2.69
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.926
Bullish
3 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
Indicators
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 > 80
86.278
Bearish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 > 100
135.976
Bearish
Williams %R (14 days)
WILLR_14 > -20
-17.619
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 $33.41, with an -1.1%downwardshift. Using a similarity score up to 96.76%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, June 15, 2025 , forecasts a -1.1% change over the next month, based on its high correlation with MTDR.N stock patterns. The similarity between their price movements over the analyzed periods is 96.76%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
CNQ
No Data
MTDR
Down: -1.1%Similarity: 96.76%
Name
Similarity
Up/Down
MTDR.N
96.76%
-1.10%
FGEN.O
96.14%
-4.20%
CVE.N
96.06%
-1.28%
SNDA.N
95.91%
-1.83%
NFE.O
95.83%
-7.09%
HUBS.N
95.82%
+9.12%
ROST.O
95.81%
-13.20%
OBE.A
95.62%
-0.84%
BNS.N
95.51%
+2.92%
ATEC.O
95.38%
-22.46%
CNQ Seasonality Analysis
Based on CNQ's historical stock price data across all years, the probability of a positive return in June is53.33%, suggesting it maybe an ideal month to invest in CNQ. In contrast,Marchoffers the highest probability of positive returns at69.23%, 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 (69.23%), while December has the lowest probability (38.46%).
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.
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FAQ
Should I buy Canadian Natural Resources Ltd (CNQ.N) stock?
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