Canadian Natural Resources Limited

Stage 2 · Advancing · week 9

As of Oct 22, 2026, Canadian Natural Resources is in Stage 2, the uptrend phase, now in week 9 (since Aug 21, 2026). It closed at $53.92, 2.0% below its 52-week high and above its 200-day average, which is rising.

$53.92

-1.96% today

$111B · Large cap

Market Neutral — Building

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

—

Momentum

Steady

Edge

—

Setup-score rank among Stage 2 peers: #1 of 44 in Oil & Gas E&P · #1 of 120 in Energy

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S2 25w

S2 14w

S4 26w

S2 35w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 25w → S3 4w → S2 14w → S3 12w → S2 2w → S3 1w → S4 3w → S2 1w → S1 2w → S4 26w → S1 7w → S2 7w → S3 6w → S2 35w → S3 10w → S2 9w current

Total tracked: 165 weeks across 16 stage runs.

CNQ among Oil & Gas E&P14th of 74 by relative strength

All 74 →

Stocks in Oil & Gas E&P ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	GTEGran Tierra Energy Inc.	Stage 2 · wk 9	98	+13.8%
2	BTEBaytex Energy Corp	Stage 2 · wk 7	97	+16.2%
3	APAAPA Corporation	Stage 2 · wk 10	96	+13.7%
4	OBEObsidian Energy Ltd.	Stage 2 · wk 8	95	+3.2%
5	CRTCross Timbers Royalty Trust	Stage 2 · wk 8	95	+15.6%
6	REPXRiley Exploration Permian, Inc.	Stage 2 · wk 8	95	+24.4%
7	PRPermian Resources Corporation Class A	Stage 2 · wk 11	95	+12.5%
8	SMSM Energy Company	Stage 2 · wk 9	94	+12.0%
…14	CNQCanadian Natural Resources Limited	Stage 2 · wk 9	93	+13.2%

vs 52W High

-2.0%

$29.49 lo$55.00 hi

Near 52W high

How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.

Stage Maturity

Week 9

1w13w26w

Week 9, early Stage 2

How long this stock has been in Stage 2. The sweet spot is mid-run: long enough to prove the structure holds, not so long that it's extended. Very fresh moves (weeks 1–4) often need more time to confirm.

vs 200 DMA

20.8%

200 DMA: $44.62 · rising

Long-term trend anchor. When the stock and the S&P 500 are both above their 200-day averages, the backdrop supports continuation.

Rel Volume

1.05x

vs 50-day avg

Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.

Trend Health

↑

Short-term trend rising strongly

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

+13.2%

+17.1%

+21.0%

YTD

+61.7%

+85.5%

Scan Membership

Breakout Watch

Latest: 2024-10-16

11 appearances in last 60 days. First seen: 2019-05-28.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S2

Wk 9 · Vol 1.05x

2026-10-21S2

Wk 9 · Vol 0.75x

2026-10-20S2

Wk 9 · Vol 0.86x

2026-10-19S2

Wk 9 · Vol 0.86x

2026-10-16S2

Wk 8 · Vol 1.37x

2026-10-15S2

Wk 8 · Vol 0.74x

2026-10-14S2

Wk 8 · Vol 0.99x

2026-10-13S2

Wk 8 · Vol 0.98x

2026-10-12S2

Wk 8 · Vol 0.38x

2026-10-09S2

Wk 7 · Vol 0.62x

2026-10-08S2

Wk 7 · Vol 1.02x

2026-10-07S2

Wk 7 · Vol 0.68x

Moving averages & range

50 DMA

$49.88

200 DMA

$44.62

52W High

$55.00

52W Low

$29.49

5D Low

$53.80

Resistance levels (recent highs)

20d High

$55.00

60d High

$55.00

120d High

$55.00

250d High

$55.00

Next resistance

+2.0%

to 20d High

P/E (TTM)

13.2

Forward 12.2

Earnings Growth (YoY)

+83.8%

Revenue +69.5%

ROE

+26.7%

Profit margin +26.3%

Dividend Yield

3.24%

P/B 3.4

Canadian Natural Resources: quick answers

What stage is Canadian Natural Resources in?

As of Oct 22, 2026, Canadian Natural Resources (CNQ) is in Stage 2, the uptrend phase. It entered Stage 2 on Aug 21, 2026 and is in week 9. What the four stages mean

Is Canadian Natural Resources in an uptrend?

Yes. Canadian Natural Resources is in a Stage 2 uptrend. It trades 20.8% above its 200-day average, which is rising.

How far is Canadian Natural Resources from its 52-week high?

Canadian Natural Resources closed at $53.92 on Oct 22, 2026, 2.0% below its 52-week high of $55.00. Its 52-week low is $29.49.

How has Canadian Natural Resources performed over the past year?

As of Oct 22, 2026, Canadian Natural Resources is up 85.5% over the past year and up 61.7% so far in 2026.

Which sector and industry is Canadian Natural Resources in?

Canadian Natural Resources is in the Oil & Gas E&P industry, part of the Energy sector.

About this companyEnergy· Oil & Gas E&P

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.