Steep climb. This is a monthly chart
Overbought on monthly with RSI on 80 versus 70, but not on weekly or daily timeframes.
Price is hovering below 70.60 which is an ATH.
I am laying low for this market rally and thought I would look at energy. Holy cow! This one is still going strong! Makes you scratch your brain and think, Why didn't I buy this at 6.71? LOL
If this ever falls, the .382 fib level is at 44.55 , the 50% is at 37.23, the .618 = 29.95 and the .786 = 19.77 but that is if this does not make another high which would change the fib table.
No recommendation/Short interest is less than 1.5% and negative volume remains very high.
EPS ( FWD )
9.04
PE ( FWD )
7.27
Div Rate ( FWD )
$2.33
Yield ( FWD )
3.55%
Short Interest
1.35%
Market Cap
$74.28B
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil , natural gas , and natural gas liquids (NGLs). The company offers synthetic crude oil ( SCO ), light and medium crude oil , bitumen (thermal oil ), primary heavy crude oil , and Pelican Lake heavy crude oil . Its midstream and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2020, the company had total proved crude oil , bitumen, and NGLs reserves were 10,528 million barrels (MMbbl); total proved plus probable crude oil , bitumen, and NGLs reserves were 13,271 MMbbl; proved SCO reserves were 6,998 MMbbl; total proved plus probable SCO reserves were 7,535 MMbbl; proved natural gas reserves were 12,168 billion cubic feet (Bcf); and total proved plus probable natural gas reserves were 20,249 Bcf. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. 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.
Overbought on monthly with RSI on 80 versus 70, but not on weekly or daily timeframes.
Price is hovering below 70.60 which is an ATH.
I am laying low for this market rally and thought I would look at energy. Holy cow! This one is still going strong! Makes you scratch your brain and think, Why didn't I buy this at 6.71? LOL
If this ever falls, the .382 fib level is at 44.55 , the 50% is at 37.23, the .618 = 29.95 and the .786 = 19.77 but that is if this does not make another high which would change the fib table.
No recommendation/Short interest is less than 1.5% and negative volume remains very high.
EPS ( FWD )
9.04
PE ( FWD )
7.27
Div Rate ( FWD )
$2.33
Yield ( FWD )
3.55%
Short Interest
1.35%
Market Cap
$74.28B
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil , natural gas , and natural gas liquids (NGLs). The company offers synthetic crude oil ( SCO ), light and medium crude oil , bitumen (thermal oil ), primary heavy crude oil , and Pelican Lake heavy crude oil . Its midstream and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2020, the company had total proved crude oil , bitumen, and NGLs reserves were 10,528 million barrels (MMbbl); total proved plus probable crude oil , bitumen, and NGLs reserves were 13,271 MMbbl; proved SCO reserves were 6,998 MMbbl; total proved plus probable SCO reserves were 7,535 MMbbl; proved natural gas reserves were 12,168 billion cubic feet (Bcf); and total proved plus probable natural gas reserves were 20,249 Bcf. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. 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.