(CVE) Cenovus Energy complete technical analysis [charts+indicators] | Buy/Sell Cenovus Energy | (CVE) share price targets
Complete technical analysis of Cenovus Energy (CVE) by charts plus indicators, forecast predictions and share price targets for Cenovus Energy (CVE)
Cenovus Energy trades in USA in Energy sector.
10 day averaged volume of Cenovus Energy is 9207730
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 20.68 | 20.75 | 21.04 | 20.63 | 0.71 times |
| 03 Fri May 2024 | 20.49 | 20.84 | 20.84 | 20.31 | 0.894 times |
| 02 Thu May 2024 | 20.57 | 20.61 | 20.80 | 20.46 | 0.905 times |
| 01 Wed May 2024 | 20.34 | 20.70 | 20.91 | 20.06 | 1.842 times |
| 30 Tue Apr 2024 | 20.56 | 21.40 | 21.42 | 20.54 | 1.711 times |
| 29 Mon Apr 2024 | 21.54 | 21.57 | 21.58 | 21.30 | 0.768 times |
| 26 Fri Apr 2024 | 21.46 | 21.27 | 21.57 | 21.16 | 0.846 times |
| 25 Thu Apr 2024 | 21.28 | 20.96 | 21.40 | 20.96 | 0.98 times |
| 24 Wed Apr 2024 | 21.23 | 21.31 | 21.36 | 21.04 | 0.641 times |
| 23 Tue Apr 2024 | 21.27 | 21.07 | 21.35 | 20.97 | 0.708 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.6 as stoploss in an intra day buy trade for a target of 20.97. However, stock will show a bearish move below 20.6.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 14.69 |
| Downside Target | 15.47 |
| Downside Target | 17.19 |
| Downside Target | 18.00 |
| Downside Target | 19.83 |
| Upside Target | 21.04 |
| Upside Target | 21.21 |
| Upside Target | 21.57 |
| Upside Target | 21.58 |
| Upside Target | 21.90 |
Intraday share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Intraday Target | 20.53 |
| Downside Intraday Target | 20.37 |
| Upside Intraday Target | 20.94 |
| Upside Intraday Target | 21.19 |
| Upside Intraday Target | 20.78 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 20.68 | 20.75 | 21.04 | 20.63 | 0.116 times |
| 03 Fri May 2024 | 20.49 | 21.57 | 21.58 | 20.06 | 1.577 times |
| 26 Fri Apr 2024 | 21.46 | 20.68 | 21.57 | 20.61 | 0.615 times |
| 19 Fri Apr 2024 | 20.85 | 20.99 | 21.21 | 20.25 | 1.01 times |
| 12 Fri Apr 2024 | 20.95 | 21.39 | 21.90 | 20.88 | 1.504 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Cenovus Energy (CVE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 20.68 | 20.70 | 21.04 | 20.06 | 0.189 times |
| 30 Tue Apr 2024 | 20.56 | 20.06 | 21.90 | 19.83 | 0.866 times |
| 28 Thu Mar 2024 | 19.99 | 17.66 | 20.06 | 17.40 | 1.06 times |
| 29 Thu Feb 2024 | 17.43 | 16.25 | 18.00 | 15.47 | 0.907 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Cenovus Energy (CVE)
Price action analysis of Cenovus Energy ( (CVE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Cenovus Energy ( (CVE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cenovus Energy ( (CVE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cenovus Energy ( (CVE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Cenovus Energy stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Cenovus Energy in short term but the sell signal is initial and weak.
Cenovus Energy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cenovus Energy in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Cenovus Energy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.84 and Cenovus Energy (CVE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Cenovus Energy (CVE) stock. Volume based technical analysis of Cenovus Energy (CVE) stock is negative.
Cenovus Energy Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Cenovus Energy ( (CVE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Cenovus Energy ( (CVE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cenovus Energy ( (CVE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cenovus Energy ( (CVE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Cenovus Energy stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Cenovus Energy in short term but the sell signal is initial and weak.
Cenovus Energy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cenovus Energy in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Cenovus Energy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.84 and Cenovus Energy (CVE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Cenovus Energy (CVE) stock. Volume based technical analysis of Cenovus Energy (CVE) stock is negative.
Cenovus Energy Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.