Energy

Canadian Natural Resources Breaks Above 200-Day Moving Average - Bullish for CNQ

In trading on Wednesday, shares of Canadian Natural Resources Ltd (TSX: CNQ.TO) crossed above their 200 day moving average of $39.28, changing hands as high as $39.47 per share. Canadian Natural Resources Ltd shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of CNQ shares, versus its 200 day moving average:

Canadian Natural Resources Ltd 200 Day Moving Average Chart

Looking at the chart above, CNQ's low point in its 52 week range is $30.11 per share, with $49.08 as the 52 week high point — that compares with a last trade of $39.49.

Click here to find out which 9 other Canadian stocks recently crossed above their 200 day moving average »

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