CNQ Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: CNQ's strong dividend growth and operational efficiency, combined with decreasing long-term volatility, suggest resilience and potential upward momentum.




Bearish Case: High short-term implied volatility and recent price declines indicate potential for continued pressure, especially if geopolitical tensions worsen.




Potential Outcomes:
  • 50% chance of continued gradual price recovery with strong fundamentals.
  • 30% probability of sideways trading due to high short-term volatility.
  • 20% risk of further decline from geopolitical tensions.



April 16, 2025


Canadian Natural Resources Forecast

CNQ        Canadian Natural Resources











Correlated Assets

Assets that tend to move strongly with CNQ



DVN Forecast + Options Trading Strategies   DVN  Devon Energy (0.93)


MUR Forecast + Options Trading Strategies   MUR  Murphy Oil (0.92)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.91)


AEO Forecast + Options Trading Strategies   AEO  American Eagle Outfitters (0.91)


MUX Forecast + Options Trading Strategies   MUX  McEwen Mining (0.9)



Uncorrelated Assets

Assets with little price relationship to CNQ



UNH Forecast + Options Trading Strategies   UNH  Unitedhealth (-0.0)


FLR Forecast + Options Trading Strategies   FLR  Fluor (0.01)


RMBS Forecast + Options Trading Strategies   RMBS  Rambus (-0.02)


MNSO Forecast + Options Trading Strategies   MNSO  MINISO Group Holding Ltd (-0.02)


APPN Forecast + Options Trading Strategies   APPN  Appian (-0.03)



Anticorrelated Assets

Assets that tend to move strongly against CNQ



PL Forecast + Options Trading Strategies   PL  Planet Labs PBC - (-0.81)


CHWY Forecast + Options Trading Strategies   CHWY  Chewy (-0.82)


VNET Forecast + Options Trading Strategies   VNET  VNET (-0.82)


LRN Forecast + Options Trading Strategies   LRN  Stride (-0.87)


FOXA Forecast + Options Trading Strategies   FOXA  Fox Corporation - (-0.88)









Become a more profitable investor with AI optimized trading strategies






×

Chat with CNQ


 Ask any question about CNQ!