(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 2024-07-17 View latest technical analysis
10 day averaged volume of Cenovus Energy is 6050960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Jul 2024 | 20.51 | 20.52 | 20.74 | 20.29 | 1.232 times |
| 16 Tue Jul 2024 | 20.43 | 20.44 | 20.62 | 20.32 | 1.483 times |
| 15 Mon Jul 2024 | 20.65 | 20.04 | 20.76 | 19.92 | 2.016 times |
| 12 Fri Jul 2024 | 19.90 | 20.15 | 20.15 | 19.86 | 0.653 times |
| 11 Thu Jul 2024 | 19.88 | 19.67 | 20.08 | 19.50 | 0.803 times |
| 10 Wed Jul 2024 | 19.66 | 19.23 | 19.69 | 19.22 | 0.945 times |
| 09 Tue Jul 2024 | 19.26 | 19.42 | 19.60 | 19.23 | 0.827 times |
| 08 Mon Jul 2024 | 19.58 | 19.56 | 19.69 | 19.45 | 0.772 times |
| 05 Fri Jul 2024 | 19.65 | 20.18 | 20.20 | 19.53 | 0.958 times |
| 03 Wed Jul 2024 | 20.12 | 20.26 | 20.33 | 20.03 | 0.772 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 20.2, but if it comes below 20.2, then a intra day sell could be more profitable.
If you take a sell trade below 20.2, then use 20.2 as stoploss and 19.72 as target. However if you take a buy trade in stock , then use 20.2 as stoploss and 20.9 as target.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 17.40 |
| Downside Target | 18.02 |
| Downside Target | 18.78 |
| Downside Target | 19.22 |
| Downside Target | 20.15 |
| Downside Target | 20.33 |
| Upside Target | 20.76 |
| 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 | 20.03 |
| Downside Intraday Target | 19.56 |
| Upside Intraday Target | 20.87 |
| Upside Intraday Target | 21.24 |
| Downside Intraday Target | 20.4 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Jul 2024 | 20.51 | 20.04 | 20.76 | 19.92 | 1.182 times |
| 12 Fri Jul 2024 | 19.90 | 19.56 | 20.15 | 19.22 | 2.313 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 |
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 |
| 17 Wed Jul 2024 | 20.51 | 19.88 | 20.76 | 19.22 | 0.546 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 up 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Cenovus Energy stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Cenovus Energy in short term and the buy signal is strong.
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 green color and prices are above the green 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 BUY signal in short term but buying is losing 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 20.09 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 positive
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Cenovus Energy stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Cenovus Energy in short term and the buy signal is strong.
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 green color and prices are above the green 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 BUY signal in short term but buying is losing 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 20.09 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.