(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 2024-06-27 View latest technical analysis
10 day averaged volume of Cenovus Energy is 8296140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 19.67 | 19.48 | 19.68 | 19.44 | 0.719 times |
| 26 Wed Jun 2024 | 19.35 | 19.30 | 19.38 | 19.16 | 1.097 times |
| 25 Tue Jun 2024 | 19.33 | 19.21 | 19.47 | 19.07 | 0.959 times |
| 24 Mon Jun 2024 | 19.25 | 18.79 | 19.33 | 18.78 | 0.849 times |
| 21 Fri Jun 2024 | 18.65 | 18.81 | 18.92 | 18.53 | 0.75 times |
| 20 Thu Jun 2024 | 18.79 | 18.71 | 19.07 | 18.68 | 0.664 times |
| 18 Tue Jun 2024 | 18.66 | 18.36 | 18.78 | 18.28 | 0.75 times |
| 18 Tue Jun 2024 | 18.66 | 18.36 | 18.78 | 18.28 | 0.75 times |
| 17 Mon Jun 2024 | 18.25 | 18.34 | 18.42 | 18.15 | 0.815 times |
| 14 Fri Jun 2024 | 18.24 | 18.33 | 18.34 | 18.02 | 0.806 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 19.7 as stoploss in an intra day sell trade for a target of 19.09. However, stock will show a bullish move above 19.7.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 15.47 |
| Downside Target | 17.40 |
| Downside Target | 18.00 |
| Downside Target | 18.78 |
| Upside Target | 19.68 |
| Upside Target | 19.78 |
| Upside Target | 19.83 |
| Upside Target | 20.06 |
| 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 | 19.07 |
| Downside Intraday Target | 18.48 |
| Upside Intraday Target | 19.97 |
| Upside Intraday Target | 20.28 |
| Downside Intraday Target | 19.38 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 19.67 | 18.79 | 19.68 | 18.78 | 1.675 times |
| 21 Fri Jun 2024 | 18.65 | 18.36 | 19.07 | 18.28 | 1.383 times |
| 18 Tue Jun 2024 | 18.66 | 18.34 | 18.78 | 18.15 | 0.311 times |
| 14 Fri Jun 2024 | 18.24 | 19.07 | 19.73 | 18.02 | 1.091 times |
| 07 Fri Jun 2024 | 18.91 | 20.86 | 20.89 | 18.81 | 1.394 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Cenovus Energy (CVE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 19.67 | 20.86 | 20.89 | 18.02 | 1.004 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Cenovus Energy in short term but the buy 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 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 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 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 18.91 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 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Cenovus Energy in short term but the buy 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 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 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 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 18.91 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.