Canadian National Railway Stock Technical Analysis
| CNR Stock | CAD 144.11 0.08 0.06% |
As of the 27th of February, Canadian National shows the Standard Deviation of 1.19, risk adjusted performance of (0.04), and Mean Deviation of 0.8765. Canadian National Railway technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Canadian National Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Canadian, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CanadianCanadian |
Canadian National technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Canadian National Railway Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Canadian National Railway volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Canadian National Railway Trend Analysis
Use this graph to draw trend lines for Canadian National Railway. You can use it to identify possible trend reversals for Canadian National as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Canadian National price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Canadian National Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Canadian National Railway applied against its price change over selected period. The best fit line has a slop of 0.08 , which may suggest that Canadian National Railway market price will keep on failing further. It has 122 observation points and a regression sum of squares at 219.98, which is the sum of squared deviations for the predicted Canadian National price change compared to its average price change.About Canadian National Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Canadian National Railway on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Canadian National Railway based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Canadian National Railway price pattern first instead of the macroeconomic environment surrounding Canadian National Railway. By analyzing Canadian National's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Canadian National's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Canadian National specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0182 | 0.0189 | 0.0233 | Price To Sales Ratio | 6.45 | 6.51 | 5.39 |
Canadian National February 27, 2025 Technical Indicators
Most technical analysis of Canadian help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Canadian from various momentum indicators to cycle indicators. When you analyze Canadian charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.18) | |||
| Mean Deviation | 0.8765 | |||
| Coefficient Of Variation | (1,710) | |||
| Standard Deviation | 1.19 | |||
| Variance | 1.41 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.19) | |||
| Maximum Drawdown | 7.17 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.68 | |||
| Skewness | (1.28) | |||
| Kurtosis | 4.36 |
Canadian National February 27, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Canadian stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 6,714 | ||
| Daily Balance Of Power | (0.05) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 144.64 | ||
| Day Typical Price | 144.46 | ||
| Price Action Indicator | (0.57) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian National Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.