(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 2024-06-05 View latest technical analysis
10 day averaged volume of Cenovus Energy is 6373440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 19.12 | 19.35 | 19.39 | 19.10 | 0.738 times |
| 04 Tue Jun 2024 | 19.19 | 19.25 | 19.31 | 18.97 | 1.018 times |
| 03 Mon Jun 2024 | 19.56 | 20.86 | 20.89 | 19.55 | 1.463 times |
| 31 Fri May 2024 | 20.82 | 20.78 | 20.84 | 20.50 | 1.093 times |
| 30 Thu May 2024 | 20.59 | 20.63 | 21.08 | 20.45 | 1.073 times |
| 29 Wed May 2024 | 20.64 | 20.84 | 20.94 | 20.38 | 1.063 times |
| 28 Tue May 2024 | 20.96 | 20.56 | 21.00 | 20.49 | 1.079 times |
| 24 Fri May 2024 | 20.31 | 20.09 | 20.42 | 20.09 | 0.873 times |
| 23 Thu May 2024 | 19.94 | 20.16 | 20.25 | 19.78 | 0.683 times |
| 22 Wed May 2024 | 19.97 | 20.09 | 20.26 | 19.80 | 0.857 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 19.1, for a target of 19.7 or 20.23
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 15.47 |
| Downside Target | 17.40 |
| Downside Target | 18.00 |
| Downside Target | 18.97 |
| Upside Target | 19.78 |
| 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 | 18.43 |
| Downside Intraday Target | 17.74 |
| Upside Intraday Target | 20.35 |
| Upside Intraday Target | 21.58 |
| Upside Intraday Target | 19.66 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 19.12 | 20.86 | 20.89 | 18.97 | 0.747 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 |
| 05 Wed Jun 2024 | 19.12 | 20.86 | 20.89 | 18.97 | 0.146 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 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 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 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 and the sell signal is strong.
Cenovus Energy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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
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 20.13 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 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 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 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 and the sell signal is strong.
Cenovus Energy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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
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 20.13 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.