TOR Equity Snapshot

CNQ Weekly Equity Report

Canadian Natural Resources Limited

Interactive chart JSON snapshot
Latest Close 63.40 CAD 12 Jun 2026
1W Return -0.6% latest completed week
4W Return -4.1% short-term follow-through
12W Return -5.9% quarterly tape
Trend Breadth 94.2% 49 of 52 weeks active
Volume Ratio 1.0x vs 13-week average
Company Brief

What the company does

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 …

Snapshot

What the weekly tape is saying

CNQ closed the latest completed week at 63.40 CAD. The 4-week return is -4.1% and the 12-week return is -5.9%. Trend Signal is active, Market Dynamics is -0.48. Setup signature: Balanced read with a 58/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 12.1%
Volume 1.0x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 97 Persistence of active Trend Signal over the last year and current streak.
Momentum 35 Blend of 4-week and 12-week follow-through.
Dynamics 34 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 84 Relative leadership and short-term RS change.
Volume 43 Participation compared with the 13-week volume baseline.
Risk Control 57 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
56.58 CAD
Vs Trend Line
12.1%
Fair Value
44.34 CAD
Vs Fair Value
43.0%
52W High
70.99 CAD
52W Low
39.22 CAD
Drawdown
-10.7%
Range Position
76.1%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -0.6%
4W -4.1%
12W -5.9%
26W 40.8%
52W 43.1%

Trend read

Active Streak
49 weeks
52W Active Weeks
49
52W Active Breadth
94.2%
Sector Scope
CA Energy
Sector Rank
48 of 95
Sector Percentile
50.0%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
-0.48
4W MD Change
-87.7%
Relative Strength
12.42
4W RS Change
-45.1%
Expectation
Positive
Probability
57.64%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
74.9M
13W Average
73.4M
52W Average
76.3M
Vs 13W
1.0x
Vs 52W
1.0x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
4.8%
52W Volatility
3.8%
Upside Weeks
33
Downside Weeks
19
Downside Breadth
36.5%
Avg Gain / Loss
3.2% / -3.5%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
TOR
Country
CA
Sector
Energy
Industry
Oil & Gas E&P
Currency
CAD
Market Cap
130.8B

Opportunity signals

  • Trend Signal is active with a 49-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Market Dynamics is negative, which weakens the current setup.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 63.40 CAD -0.6% 56.58 CAD 44.34 CAD -0.48 12.42 74.9M On
5 Jun 2026 63.76 CAD 1.7% 56.00 CAD 44.14 CAD -0.41 14.98 80.9M On
29 May 2026 62.70 CAD -6.8% 55.32 CAD 43.94 CAD -0.43 12.31 67.7M On
22 May 2026 67.24 CAD 1.8% 54.70 CAD 43.75 CAD -0.30 21.90 53.0M On
15 May 2026 66.08 CAD 8.5% 53.88 CAD 43.53 CAD -0.26 22.62 28.0M On
8 May 2026 60.89 CAD -4.7% 53.05 CAD 43.32 CAD -0.12 12.69 38.8M On
1 May 2026 63.88 CAD 5.3% 52.46 CAD 43.14 CAD 0.30 19.15 38.3M On
24 Apr 2026 60.69 CAD 3.2% 51.78 CAD 42.94 CAD 0.66 13.65 60.9M On
17 Apr 2026 58.81 CAD -8.3% 51.24 CAD 42.78 CAD 1.14 9.01 82.8M On
10 Apr 2026 64.16 CAD -3.0% 50.70 CAD 42.63 CAD 1.57 21.43 111.9M On
3 Apr 2026 66.15 CAD -4.8% 49.95 CAD 42.45 CAD 1.78 28.02 63.3M On
27 Mar 2026 69.46 CAD 3.1% 49.10 CAD 42.24 CAD 1.79 39.92 121.9M On
20 Mar 2026 67.39 CAD 2.2% 48.19 CAD 42.01 CAD 1.74 39.38 132.0M On
13 Mar 2026 65.91 CAD 5.6% 47.33 CAD 41.77 CAD 1.65 32.01 170.3M On