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Is CNQ preparing to trend higher? Upper Bollinger Band Walk shows up after rising 2.62%

Canadian Natural Resources Limited (CNQ) — Nightly Technical Analysis · Jul 24, 2026, 01:54 ET
CNQ finished higher by 2.62% on Thursday, July 23rd, trading 1.0 times its typical volume. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 46.62, 46.23 & 45.95, with resistance at 47.29, 47.57 & 47.96. Meanwhile, Slow Stochastic is showing overbought conditions.

Current SwingTradeBot Technical Rating of CNQ: A

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Canadian Natural Resources Limited (CNQ)