Here’s whether Canadian Natural Resources Limited (CNQ) is worth buying in 2026 —
based on weekly-updated price trend, RSI momentum, and return vs.
the S&P 500. Our current read: Caution.
🟡
Caution
Positives: trading above the 200-day MA (long-term uptrend intact); strong 1-year return of +36.7%. Concerns: below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-1.19% over 10 days); 3-month momentum negative (-7.2%). Currently 11.8% off its 52-week high. Score: +0/7.
CNQ is holding above its long-term 200-day MA ($38.57) but has slipped below the 50-day MA ($46.42), pointing to short-term weakness in an otherwise intact trend. An RSI of 34.5 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +36.7% compares to +22.9% for SPY (beat the market by 13.9%).
$10,000 invested 1 year ago→ $13,673 today
vs. S&P 500 (SPY) — same period beat market by 13.9%
1-Year Price Chart
Daily candles
MA-50MA-200UpDown
Signal Check
✓Above 200-day MA ($38.57)
✗Above 50-day MA ($46.42)
✓RSI(14) neutral zone (30–70) — currently 34.5
✓Positive return (+36.7%)
!Within 10% of period high (−11.8%)
Period Range $45.30
$29.30$51.34
RSI (14) 34.5
0 · OversoldOverbought · 100
Key Metrics
Price$45.30
Period Return+36.7%
Period High$51.34
Period Low$29.30
Drawdown−11.8%
MA-50$46.42
MA-200$38.57
RSI (14)34.5
Avg Volume (30d)7.4M
vs. SPYbeat by 13.9%
Return Rank#425 of 1246
Trend Signals
Price is above the 200-day moving average ($38.57)