Canadian natural resources ltd CNQ.US Trend Analysis

US StockEnergy
(No presentation for CNQ)

CNQ Trend Score

3

24

15

Consolidation
  • AI analysis rates CNQ   with a medium trend score of 3.
  • It is mainly because  the momentum for stock prices is still building up .
  • Historically, CNQ had a trend score of 3 on 220 occasions, with a 39% probability of profits and an average 1.14% increase in period returns.

CNQ Trend Reference Factors

Exclusive

The Trend score is derived from various data, mainly including price, volume, technical indicators and other information. The following lists two important factors when evaluating.

Update to 2025/05/09 (Daily Update)

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CNQ Historical Trend Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

CNQ Trend Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of CNQ from 2007/01 till Now

-27.86%
Cumulative Return
-1.77%
Annual Return
22.52%
Volatility
-0.08
Sharpe Ratio

Statistics data for entering at or above a Trend score of 4 and exiting at or below a Trend score of 2 from January, 2007 to May, 2025. (Total Trades: 81)

CNQSectorUS Overall Market
Wining Rate30%33%33%
Avg Return0.2%3.1%1%
Avg Profit11.9%21.6%14.7%
Avg Loss-4.7%-6.1%-5.8%
Avg Risk-Reward Ratio253.6%354.9%252.7%

Update to 2025/5/9 (Daily Update)

Top 10 High Relevance to CNQ Trend Score