Canadian Natural Resources Stock Forecast

Hold candidate since Jul 15, 2025

The Canadian Natural Resources Limited stock price fell by -1.38% on the last day (Tuesday, 15th Jul 2025) from $43.57 to $42.97. During the last trading day the stock fluctuated 1.80% from a day low at $42.80 to a day high of $43.57. The price has fallen in 7 of the last 10 days but is still up by 0.4% over the past 2 weeks. Volume has increased on the last day by 1 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 11 million shares were bought and sold for approximately $480.29 million.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $42.37 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 10.63% during the next 3 months and, with a 90% probability hold a price between $46.87 and $52.95 at the end of this 3-month period.

CNQ.TO Signals & Forecast

There are few to no technical positive signals at the moment. The Canadian Natural Resources Limited stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $43.58 and $43.78. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, June 17, 2025, and so far it has fallen -7.45%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Canadian Natural Resources Limited stock

Canadian Natural Resources Limited finds support from accumulated volume at $42.61 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.770 (1.80%) between high and low. For the last week, the stock has had daily average volatility of 1.70%.

Our recommended stop-loss: $41.60 (-3.19%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 19 days ago.)

Trading Expectations (CNQ.TO) For The Upcoming Trading Day Of Wednesday 16th

For the upcoming trading day on Wednesday, 16th we expect Canadian Natural Resources Limited to open at $43.11, and during the day (based on 14 day Average True Range), to move between $42.53 and $43.41, which gives a possible trading interval of +/-$0.89 (+/-2.09%) up or down from last closing price. If Canadian Natural Resources Limited takes out the full calculated possible swing range there will be an estimated 2.09% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $42.61 (0.84%) than the resistance at $45.24 (5.28%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Canadian Natural Resources Limited stock A Buy?

Canadian Natural Resources Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.549 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 16, 2025 - $43.11 ( 0.334%).

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