CNQ Stock Analysis: Canadian Natural Resources Limited

Updated Nov 2, 2026, after the Nov 2 close. NYSE, Oil & Gas E&P. Refreshed every trading day from the latest close.

$53.64 -4.40% Nov 2 close

The short answer

As of the Nov 2, 2026 close, QuantivFlow's Trend algo rates CNQ BUY on the short-term (daily) horizon, a stance it has held since Oct 16, 2026 at $53.80. The mid-term (weekly) and long-term (monthly) horizons read BUY and BUY. The Rebound algo's last dip trade closed on Oct 2, 2026 at $48.44; it holds no dip position now. The Patterns algo sees a bull pennant on the daily chart that broke down on Nov 2, 2026. The daily RSI (14) is 56, and the price sits 5.9% above the 50-day average and 18.1% above the 200-day.

Three algos, three opinions is normal: Trend follows the established direction, Rebound buys sharp dips inside it, Patterns reads the chart shape. Not investment advice.

What Trend meansA trend-following algo. BUY while an uptrend holds on that horizon, EXIT when it breaks. Long only, judged on daily, weekly and monthly candles.
What Rebound meansA dip-buying algo. BUY after a sharp short-term drop in an otherwise healthy stock, EXIT once price closes back above its 12-day average. Short term and Mid term profiles.
What Patterns meansA chart-shape detector. Finds wedges, double tops and bottoms, cup and handle and more, marks the breakout or breakdown and measures the textbook price target. Full method

Trend

rides uptrends, long only
Short term (daily)BUY
Mid term (weekly)BUY
Long term (monthly)BUY

Daily BUY since Oct 16, 2026 at $53.80. Weekly BUY since Mar 13, 2026 at $47.07. Monthly BUY since Apr 2026.

Rebound

buys sharp dips
Short termEXIT
Mid termEXIT

Short term: the last dip trade closed on Oct 2, 2026 at $48.44; no open dip position. Mid term: the last dip trade closed on Jul 17, 2026 at $43.50; no open dip position. The exit comes when price closes back above its 12-bar average or after 10 bars.

Patterns

chart shapes with targets
Daily: Bull pennantBREAKDOWN

The bull pennant on the daily chart broke down on Nov 2, 2026.

Daily indicators at the Nov 2 close

Read from the daily chart. The weekly and monthly readings are in the app.

MomentumValueRead
RSI (14)56.2neutral
MACD / signal1.52 / 1.46above signal, falling
ADX (14)32.0trending
+DI / -DI24.7 / 19.1buyers lead
ATR (14)1.392.6% of price
Price levelsValuevs price
SMA 2052.74+1.7%
SMA 5050.67+5.9%
SMA 20045.42+18.1%
Bollinger (20, 2)47.79 to 57.69inside the bands
52-week range29.28 to 56.2790% of range
Volume7.5M1.4x the 20-day average

How the algos have done on CNQ

Closed signals on this stock, from each algo's own history on the horizon named. Past results do not guarantee future results.

Trend, short term (2.7y)
50%win rate
+4.7%avg per trade
8closed trades
Trend, mid term (10y) Not enough closed trades on this stock yet (2 so far; 5 needed).
Trend, long term (20y) Not enough closed trades on this stock yet (3 so far; 5 needed).
Rebound, short term (3y)
73%win rate
+1.3%avg per trade
26closed trades
Rebound, mid term (10y)
78%win rate
-1.2%avg per trade
9closed trades
Patterns, all horizons (2y) Not enough measured breaks on this stock yet (1 detected; 5 needed).

Recent signals on CNQ

DateAlgoHorizonSignalPriceNote
2026-11-02PatternsDaily Bull pennant breakdown
2026-10-16TrendShort term BUY 53.80open
2026-10-02ReboundShort term EXIT 48.44closed the BUY from Sep 21 at +0.3%
2026-09-21ReboundShort term BUY 48.28
2026-09-09TrendShort term EXIT 50.89closed the BUY from $50.68 at +0.4%
2026-09-03TrendShort term BUY 50.68later closed
2026-08-13TrendShort term EXIT 47.18closed the BUY from $43.80 at +7.7%
2026-08-10ReboundShort term EXIT 46.83closed the BUY from Aug 5 at +5.6%
2026-08-05ReboundShort term BUY 44.35
2026-07-28TrendShort term BUY 43.80later closed

The full CNQ analysis is in the QuantivFlow app

  • Chart patterns drawn on the chart, with their measured targets
  • RSI, MACD, ADX, moving averages, Bollinger Bands and volume, read for you
  • How each algo has done on CNQ: win rate, average gain, every past signal
  • A push notification the day a signal or pattern changes

Free on both stores. Scan the code with your phone, or search "QuantivFlow".

Free on the App Store and Google Play. Not installed? The button takes you to the store.

Questions about CNQ

Is CNQ in an uptrend right now?

Yes, on all three horizons. The daily horizon is BUY since Oct 16, 2026. The weekly horizon is BUY since Mar 13, 2026. The monthly horizon is BUY since April 2026. Trend is long only: BUY means the uptrend holds on that horizon, EXIT means it broke.

Is CNQ oversold?

No. The daily RSI (14) closed at 56.2; the classic oversold line is 30.

What chart pattern is CNQ forming?

The bull pennant on the daily chart broke down on Nov 2, 2026.

Where is CNQ's 200-day moving average?

$45.42 at the Nov 2, 2026 close, with the stock at $53.64, 18.1% above it. The 50-day average is $50.67, 5.9% below the price.

Is CNQ a buy today?

QuantivFlow does not give advice. It shows what each algo sees: Trend is BUY on the daily horizon, Rebound holds no dip position, Patterns sees a bull pennant that broke down. How you weigh the three depends on your horizon and risk tolerance; past signals do not guarantee future results.

Other energy stocks

Generated by QuantivFlow after every trading day from the same scan that powers the app. Signals describe what the algos observed on end-of-day data, not what you should do. QuantivFlow is not a broker or an investment adviser. Trading involves risk, including the loss of principal.

Data as of Nov 2, 2026 close. Page updated Nov 2, 2026 21:27 UTC. Machine-readable version: quantivflow.com/stocks/CNQ.json