Canadian National Railway Company (NYSE:CNI) : During the past 4 weeks, traders have been relatively bearish on Canadian National Railway Company (NYSE:CNI), hence the stock is down -0.39% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.15% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.13% in the last 1 week, and is up 1.22% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 3.10% from its 1 Year high price. On Apr 22, 2016, the shares registered one year high at $66.22 and the one year low was seen on Jan 21, 2016. The 50-Day Moving Average price is $58.97 and the 200 Day Moving Average price is recorded at $58.19.
The stock has recorded a 20-day Moving Average of 2.24% and the 50-Day Moving Average is 1.39%.
Canadian National Railway Company (NYSE:CNI): stock turned positive on Friday. Though the stock opened at $59.35, the bulls momentum made the stock top out at $60.44 level for the day. The stock recorded a low of $59.32 and closed the trading day at $59.91, in the green by 1.54%. The total traded volume for the day was 910,689. The stock had closed at $59 in the previous days trading.
Canadian National Railway Company (CN) is engaged in the rail and related transportation business. CNs network and connections to all Class I railroads provide its customers with access to all three North American Free Trade Agreement (NAFTA) nations. CN derives its freight revenue from seven commodity groups representing a portfolio of goods transported between a range of origins and destinations. The Companys network of approximately 20,000 route miles of track spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans and Mobile (Alabama), and the metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth (Minnesota)/Superior (Wisconsin), Green Bay (Wisconsin), Minneapolis/St. Paul, Memphis, and Jackson (Mississippi), with connections to all points in North America.