(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 2024-06-03 View latest technical analysis
10 day averaged volume of Cenovus Energy is 5704727
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 19.56 | 20.86 | 20.89 | 19.55 | 1.635 times |
| 31 Fri May 2024 | 20.82 | 20.78 | 20.84 | 20.50 | 1.221 times |
| 30 Thu May 2024 | 20.59 | 20.63 | 21.08 | 20.45 | 1.199 times |
| 29 Wed May 2024 | 20.64 | 20.84 | 20.94 | 20.38 | 1.187 times |
| 28 Tue May 2024 | 20.96 | 20.56 | 21.00 | 20.49 | 1.206 times |
| 24 Fri May 2024 | 20.31 | 20.09 | 20.42 | 20.09 | 0.975 times |
| 23 Thu May 2024 | 19.94 | 20.16 | 20.25 | 19.78 | 0.763 times |
| 22 Wed May 2024 | 19.97 | 20.09 | 20.26 | 19.80 | 0.958 times |
| 21 Tue May 2024 | 20.27 | 20.15 | 20.32 | 20.04 | 0.891 times |
| 20 Mon May 2024 | 20.16 | 20.29 | 20.51 | 20.16 | 0.584 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 19.6, for a target of 20 or 20.38
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 15.47 |
| Downside Target | 17.40 |
| Downside Target | 18.00 |
| Downside Target | 19.55 |
| Upside Target | 20.51 |
| Upside Target | 20.77 |
| Upside Target | 20.89 |
| Upside Target | 21.04 |
| Upside Target | 21.08 |
| Upside Target | 21.90 |
Intraday share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Intraday Target | 19.11 |
| Downside Intraday Target | 18.66 |
| Upside Intraday Target | 20.45 |
| Upside Intraday Target | 21.34 |
| Upside Intraday Target | 20 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 19.56 | 20.86 | 20.89 | 19.55 | 0.34 times |
| 31 Fri May 2024 | 20.82 | 20.56 | 21.08 | 20.38 | 1.154 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 |
Price has moved down 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 |
| 03 Mon Jun 2024 | 19.56 | 20.86 | 20.89 | 19.55 | 0.066 times |
| 31 Fri May 2024 | 20.82 | 20.70 | 21.08 | 19.78 | 0.661 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Cenovus Energy ( (CVE) ) based on a short 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 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 gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cenovus Energy in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 20.33 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Cenovus Energy ( (CVE) ) based on a short 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 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 gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cenovus Energy in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 20.33 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.