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How to Develop Investment Plans for Canadian Natural $CNQ

Investors in Canadian Natural (NYSE: CNQ) like to make good decisions, that means they like to buy and sell at the right times, and to do that the best tools involve charts, pivot points, and the technical data.  Below, we have provided a snapshot for CNQ that reveals this information at the time of this article.  The data can be used to improve the timing of buy and sell decisions.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports

Technical Summary

Term →Near Mid Long
Rating Strong Strong Strong
P1 0 0 22.05
P2 30.01 28.72 25.06
P3 30.74 30.35 28.20
Triggers may have already come
Support and Resistance Plot Chart for CNQ

Long Term Trading Plans for CNQ

March 6, 2021, 1:15 pm ET

The Technical Summary and Trading Plans for CNQ help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CNQ Report.

CNQ - (Long) Support Plan

The technical summary data tells us to buy CNQ near 28.20, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 28.12 to protect against excessive loss in case the stock begins to move against the trade. 28.20 is the first level of support below 31.06, and by rule, any test of support is a buy signal. In this case, if support 28.20 is being tested, a buy signal would exist.

CNQ - (Short) Resistance Plan

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.


CNQ Long Term Analysis for March 6 2021

Blue = Current Price
Red= Resistance
Green = Support

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CNQ EPS Analysis for March 6 2021

CNQ Dividend Chart for March 6 2021

CNQ Revenue chart for March 6 2021

CNQ Growth rate - Quarterly for March 6 2021

CNQ Growth rate - Yearly for March 6 2021

CNQ PE chart for March 6 2021

CNQ PEG chart for March 6 2021