(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.
Showing technical analysis as on 2024-05-24 View latest technical analysis
10 day averaged volume of Cenovus Energy is 5022619
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 20.31 | 20.09 | 20.42 | 20.09 | 1.107 times |
| 23 Thu May 2024 | 19.94 | 20.16 | 20.25 | 19.78 | 0.866 times |
| 22 Wed May 2024 | 19.97 | 20.09 | 20.26 | 19.80 | 1.088 times |
| 21 Tue May 2024 | 20.27 | 20.15 | 20.32 | 20.04 | 1.012 times |
| 20 Mon May 2024 | 20.16 | 20.29 | 20.51 | 20.16 | 0.664 times |
| 17 Fri May 2024 | 20.20 | 20.06 | 20.26 | 19.94 | 1.154 times |
| 16 Thu May 2024 | 19.97 | 20.36 | 20.36 | 19.94 | 0.963 times |
| 15 Wed May 2024 | 20.17 | 20.11 | 20.23 | 19.78 | 1.359 times |
| 14 Tue May 2024 | 20.19 | 20.42 | 20.47 | 20.10 | 1.247 times |
| 13 Mon May 2024 | 20.42 | 20.72 | 20.77 | 20.29 | 0.865 times |
My analysis of stock is bearish for shortterm, and stock might move down till 20.1 or till 19.6. Use a stoploss of 20.42 and if the stock hits stoploss, then it can shoot up till 20.78
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 | 19.78 |
| Upside Target | 20.61 |
| Upside Target | 20.77 |
| Upside Target | 21.04 |
| 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 | 19.89 |
| Downside Intraday Target | 19.47 |
| Upside Intraday Target | 20.62 |
| Upside Intraday Target | 20.93 |
| Downside Intraday Target | 20.2 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 20.31 | 20.29 | 20.51 | 19.78 | 0.848 times |
| 17 Fri May 2024 | 20.20 | 20.72 | 20.77 | 19.78 | 1.018 times |
| 10 Fri May 2024 | 20.53 | 20.75 | 21.04 | 20.39 | 0.489 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 |
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 |
| 24 Fri May 2024 | 20.31 | 20.70 | 21.04 | 19.78 | 0.532 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 down 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 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 to mid 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Cenovus Energy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Cenovus Energy in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Cenovus Energy is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.16 and Cenovus Energy (CVE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
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 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 to mid 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Cenovus Energy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Cenovus Energy in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Cenovus Energy is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.16 and Cenovus Energy (CVE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.