(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 2024-07-08 View latest technical analysis
10 day averaged volume of Cenovus Energy is 6253240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 19.58 | 19.56 | 19.69 | 19.45 | 0.747 times |
| 05 Fri Jul 2024 | 19.65 | 20.18 | 20.20 | 19.53 | 0.927 times |
| 03 Wed Jul 2024 | 20.12 | 20.26 | 20.33 | 20.03 | 0.747 times |
| 03 Wed Jul 2024 | 20.12 | 20.26 | 20.33 | 20.03 | 0.747 times |
| 02 Tue Jul 2024 | 20.20 | 19.91 | 20.21 | 19.87 | 1.142 times |
| 01 Mon Jul 2024 | 19.79 | 19.88 | 19.90 | 19.59 | 0.77 times |
| 28 Fri Jun 2024 | 19.66 | 19.88 | 19.95 | 19.52 | 0.859 times |
| 27 Thu Jun 2024 | 19.67 | 19.48 | 19.68 | 19.44 | 0.954 times |
| 26 Wed Jun 2024 | 19.35 | 19.30 | 19.38 | 19.16 | 1.456 times |
| 25 Tue Jun 2024 | 19.33 | 19.21 | 19.47 | 19.07 | 1.272 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 19.8 as stoploss in an intra day sell trade for a target of 19.24. However, stock will show a bullish move above 19.8.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 17.40 |
| Downside Target | 18.02 |
| Downside Target | 18.78 |
| Upside Target | 19.95 |
| Upside Target | 20.06 |
| Upside Target | 20.33 |
| 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 | 19.46 |
| Downside Intraday Target | 19.33 |
| Upside Intraday Target | 19.7 |
| Upside Intraday Target | 19.81 |
| Downside Intraday Target | 19.57 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 19.58 | 19.56 | 19.69 | 19.45 | 0.446 times |
| 05 Fri Jul 2024 | 19.65 | 20.26 | 20.33 | 19.53 | 0.629 times |
| 03 Wed Jul 2024 | 20.12 | 19.88 | 20.33 | 19.59 | 0.469 times |
| 28 Fri Jun 2024 | 19.66 | 18.79 | 19.95 | 18.78 | 1.975 times |
| 21 Fri Jun 2024 | 18.65 | 18.36 | 19.07 | 18.28 | 1.383 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 |
| 08 Mon Jul 2024 | 19.58 | 19.88 | 20.33 | 19.45 | 0.217 times |
| 28 Fri Jun 2024 | 19.66 | 20.86 | 20.89 | 18.02 | 1.043 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 |
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 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 losing momentum.
MACD generated a BUY signal for Cenovus Energy in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 19.71 and Cenovus Energy (CVE) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 losing momentum.
MACD generated a BUY signal for Cenovus Energy in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 19.71 and Cenovus Energy (CVE) stock is trading below this level. This means that stock is falling with high volumes. 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.