As this happened, Susquehanna upgraded its Canadian National Railway Co [CNI] rating to a Positive from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Loop Capital’s analysts, who decreased its forecast for the stock in early February from “a Hold” to “a Sell”. Stifel also remained covering CNI and has increased its forecast on January 16, 2025 with a “Buy” recommendation from previously “Hold” rating. Jefferies revised its rating on January 10, 2025. It rated CNI as “a Buy” which previously was an “a Hold”.
Price Performance Review of CNI
On Monday, Canadian National Railway Co [NYSE:CNI] saw its stock jump 4.32% to $104.70. Over the last five days, the stock has gained 6.09%. Canadian National Railway Co shares have risen nearly 3.14% since the year began. Nevertheless, the stocks have fallen -16.81% over the past one year. While a 52-week high of $129.18 was reached on 01/23/25, a 52-week low of $91.65 was recorded on 04/08/25. SMA at 50 days reached $98.25, while 200 days put it at $106.72.
Levels Of Support And Resistance For CNI Stock
The 24-hour chart illustrates a support level at 103.01, which if violated will result in even more drops to 101.33. On the upside, there is a resistance level at 105.96. A further resistance level may holdings at 107.22. The Relative Strength Index (RSI) on the 14-day chart is 63.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.38, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.83%. Stochastics %K at 89.58% indicates the stock is a selling.
