Canadian Natural Resources Limited (CNQ) — Oil & Gas Exploration & Production. Numbers-first dossier: valuation, distress risk, calibrated signal.

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Bid — × — AskUpdated Nov 10, 2026 · 1:30 PM ETVol 2.95M · 3-mo avg 6.40M

Canadian Natural Resources Limited (CNQ)

CNQCanadian Natural Resources Limitedloading…
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QTick signal
+7net
2 bull / 0 bear factors · moderate
Bull 7 pts·Bear 0 pts30d
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Market context—Sector read · not on file—Balance sheet · not on fileOKInflation-report days · ~19% smaller swingsOKCalm trading · sharp-drop risk 36/100 · Nov 10
$47.80
near a recent low, a support level and the 200-day average · Nov 9
$50–51
near a round-number price, the 50-day average and the 50-day average trade price · midpoint $50.75 · Nov 9
Golden cross
50-day average is above the 200-day — an uptrend
In line
88% of similar setups fell 10% or more within 3 months · 1.3× the usual rate · rating eased: at bottom zone (1/6 bottoming checks met)
Golden cross
50-day average is above the 200-day — an uptrend
Trading volume25% below normal0.75× its 20-day average
Past year's range$30.13 – $56.27lowest to highest price
From its peak14.6% belowpeak $56.27, highest since 2015
Gain vs. risk0.79 to 1$0.79 possible gain per $1 at risk
Plan fails below$44.62the setup is broken under this price
Momentum (RSI)34.3washed out
Price vs. profit10.7× next year9.9× last 12 months
Price vs. its own pastpricier than 26%of the last 5 years · usual P/E 12.1×
Cash it generates7.4%of its market value, per year

Trading in line with its own normal, price unchanged. Over the last 20 sessions, 54% of the volume traded on days the stock closed lower.

Entry strategy · 10 triggers

5 of 5 aligned — not yet
RSI 14
✓
34.3
washed out
vs 50-day
✓
$50.72
below the line
Bollinger
✓
$48.27
lower-band pierce
VWAP 20
✓
$52.57
below the rolling VWAP
Entry level
✓
$47.80
within 1% of model level
Put wall
●
—
not on file
MACD
Context●
-0.92
below zero · still falling
RVolStatic
0.75×
in line with its own normal
Short int.Static
—
not on file
ATRStatic
$1.58
14-session average true range
A checklist, not odds on a return: 3 of 5 usable price conditions have to line up. RSI, the 50-day average and the Bollinger band move with the price you set; the 20-day average traded price, the entry level and the busiest put strike stay fixed. MACD, RVol, Short int. and ATR are context only — they never count toward the total.
See the full case→
Next earnings
2027-03-04
in 77 sessions
Next dividend
3.68% yld
no ex-date on file