(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 2024-06-11 View latest technical analysis
10 day averaged volume of Cenovus Energy is 7119500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 19.28 | 19.30 | 19.33 | 19.07 | 0.535 times |
| 10 Mon Jun 2024 | 19.36 | 19.07 | 19.41 | 19.01 | 0.768 times |
| 07 Fri Jun 2024 | 18.91 | 18.96 | 19.05 | 18.81 | 1.134 times |
| 06 Thu Jun 2024 | 19.06 | 19.15 | 19.24 | 18.97 | 1.359 times |
| 05 Wed Jun 2024 | 19.12 | 19.35 | 19.39 | 19.10 | 0.661 times |
| 04 Tue Jun 2024 | 19.19 | 19.25 | 19.31 | 18.97 | 0.911 times |
| 03 Mon Jun 2024 | 19.56 | 20.86 | 20.89 | 19.55 | 1.31 times |
| 31 Fri May 2024 | 20.82 | 20.78 | 20.84 | 20.50 | 0.979 times |
| 30 Thu May 2024 | 20.59 | 20.63 | 21.08 | 20.45 | 0.961 times |
| 29 Wed May 2024 | 20.64 | 20.84 | 20.94 | 20.38 | 0.951 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.3, but if it comes above 19.3, then a intra day buy could be more profitable.
If you take a sell trade below 19.3, then use 19.3 as stoploss and 18.6 as target. However if you take a buy trade in stock , then use 19.3 as stoploss and 19.93 as target.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 15.47 |
| Downside Target | 17.40 |
| Downside Target | 18.00 |
| Downside Target | 18.81 |
| Upside Target | 19.41 |
| Upside Target | 20.51 |
| Upside Target | 20.77 |
| Upside Target | 20.89 |
| Upside Target | 21.08 |
| Upside Target | 21.90 |
Intraday share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Intraday Target | 19.06 |
| Downside Intraday Target | 18.83 |
| Upside Intraday Target | 19.46 |
| Upside Intraday Target | 19.63 |
| Downside Intraday Target | 19.23 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 19.28 | 19.07 | 19.41 | 19.01 | 0.242 times |
| 07 Fri Jun 2024 | 18.91 | 20.86 | 20.89 | 18.81 | 1.394 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 |
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 |
| 11 Tue Jun 2024 | 19.28 | 20.86 | 20.89 | 18.81 | 0.339 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 weakening, and bulls are picking up momentum!
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 BUY signal in short term and the buying is gaining 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 19.65 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 weakening, and bulls are picking up momentum!
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 BUY signal in short term and the buying is gaining 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 19.65 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.