(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 2024-05-29 View latest technical analysis
10 day averaged volume of Cenovus Energy is 5439229
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 20.64 | 20.84 | 20.94 | 20.38 | 1.245 times |
| 28 Tue May 2024 | 20.96 | 20.56 | 21.00 | 20.49 | 1.265 times |
| 24 Fri May 2024 | 20.31 | 20.09 | 20.42 | 20.09 | 1.023 times |
| 23 Thu May 2024 | 19.94 | 20.16 | 20.25 | 19.78 | 0.8 times |
| 22 Wed May 2024 | 19.97 | 20.09 | 20.26 | 19.80 | 1.005 times |
| 21 Tue May 2024 | 20.27 | 20.15 | 20.32 | 20.04 | 0.934 times |
| 20 Mon May 2024 | 20.16 | 20.29 | 20.51 | 20.16 | 0.613 times |
| 17 Fri May 2024 | 20.20 | 20.06 | 20.26 | 19.94 | 1.065 times |
| 16 Thu May 2024 | 19.97 | 20.36 | 20.36 | 19.94 | 0.889 times |
| 15 Wed May 2024 | 20.17 | 20.11 | 20.23 | 19.78 | 1.255 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 20.7 as stoploss in an intra day sell trade for a target of 20.4. However, stock will show a bullish move above 20.7.
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 |
| Downside Target | 20.51 |
| Upside Target | 20.77 |
| Upside Target | 21.00 |
| Upside Target | 21.04 |
| Upside Target | 21.58 |
| Upside Target | 21.90 |
Intraday share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Intraday Target | 20.35 |
| Downside Intraday Target | 20.05 |
| Upside Intraday Target | 20.97 |
| Upside Intraday Target | 21.29 |
| Upside Intraday Target | 20.67 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 20.64 | 20.56 | 21.00 | 20.38 | 0.574 times |
| 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 |
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 |
| 29 Wed May 2024 | 20.64 | 20.70 | 21.04 | 19.78 | 0.596 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 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.
Price action analysis of Cenovus Energy ( (CVE) ) based on a short 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.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Cenovus Energy in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cenovus Energy in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 20.3 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 rising upwards.
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 is giving positive 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 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.
Price action analysis of Cenovus Energy ( (CVE) ) based on a short 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.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Cenovus Energy in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cenovus Energy in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 20.3 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 rising upwards.
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 is giving positive 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.