(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 2024-07-30 View latest technical analysis
10 day averaged volume of Cenovus Energy is 6429830
Date | Daily Closing Price | Open | High | Low | Volume |
30 Tue Jul 2024 | 19.56 | 19.45 | 19.70 | 19.43 | 0.831 times |
29 Mon Jul 2024 | 19.54 | 19.87 | 19.87 | 19.35 | 0.955 times |
26 Fri Jul 2024 | 19.76 | 19.78 | 19.86 | 19.39 | 0.749 times |
25 Thu Jul 2024 | 19.76 | 19.38 | 19.80 | 19.26 | 0.939 times |
24 Wed Jul 2024 | 19.42 | 19.54 | 19.83 | 19.40 | 1.102 times |
23 Tue Jul 2024 | 19.47 | 19.81 | 19.85 | 19.40 | 0.816 times |
22 Mon Jul 2024 | 19.99 | 19.83 | 20.10 | 19.59 | 0.786 times |
19 Fri Jul 2024 | 19.92 | 20.08 | 20.25 | 19.84 | 0.879 times |
18 Thu Jul 2024 | 20.20 | 20.50 | 20.60 | 20.16 | 1.218 times |
17 Wed Jul 2024 | 20.51 | 20.52 | 20.74 | 20.29 | 1.16 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 19.5 as stoploss in an intra day buy trade for a target of 19.87. However, stock will show a bearish move below 19.5.
Share price targets for Cenovus Energy (CVE)
Target Type | Value |
Downside Target | 17.40 |
Downside Target | 18.02 |
Downside Target | 19.22 |
Upside Target | 20.10 |
Upside Target | 20.15 |
Upside 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 | 19.32 |
Downside Intraday Target | 19.07 |
Upside Intraday Target | 19.84 |
Upside Intraday Target | 20.11 |
Upside Intraday Target | 19.59 |
Weekly technical analysis of Cenovus Energy (CVE)
Date | Weekly Closing Price | Open | High | Low | Volume |
30 Tue Jul 2024 | 19.56 | 19.87 | 19.87 | 19.35 | 0.407 times |
26 Fri Jul 2024 | 19.76 | 19.83 | 20.10 | 19.26 | 0.671 times |
19 Fri Jul 2024 | 19.92 | 20.04 | 20.76 | 19.84 | 1.74 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 |
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 |
30 Tue Jul 2024 | 19.56 | 19.88 | 20.76 | 19.22 | 0.909 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 neutral. A longer time frame might give a better analysis.
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 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 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 Weak 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Cenovus Energy in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 19.84 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 Weak 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Cenovus Energy in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 19.84 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.