(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 2024-07-31 View latest technical analysis
10 day averaged volume of Cenovus Energy is 6067190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 20.13 | 19.95 | 20.23 | 19.87 | 1.316 times |
| 30 Tue Jul 2024 | 19.56 | 19.45 | 19.70 | 19.43 | 0.881 times |
| 29 Mon Jul 2024 | 19.54 | 19.87 | 19.87 | 19.35 | 1.012 times |
| 26 Fri Jul 2024 | 19.76 | 19.78 | 19.86 | 19.39 | 0.794 times |
| 25 Thu Jul 2024 | 19.76 | 19.38 | 19.80 | 19.26 | 0.995 times |
| 24 Wed Jul 2024 | 19.42 | 19.54 | 19.83 | 19.40 | 1.168 times |
| 23 Tue Jul 2024 | 19.47 | 19.81 | 19.85 | 19.40 | 0.865 times |
| 22 Mon Jul 2024 | 19.99 | 19.83 | 20.10 | 19.59 | 0.833 times |
| 19 Fri Jul 2024 | 19.92 | 20.08 | 20.25 | 19.84 | 0.932 times |
| 18 Thu Jul 2024 | 20.20 | 20.50 | 20.60 | 20.16 | 1.291 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 20.2 as stoploss in an intra day sell trade for a target of 19.87. However, stock will show a bullish move above 20.2.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 17.40 |
| Downside Target | 18.02 |
| Downside Target | 19.22 |
| Upside Target | 20.15 |
| Upside Target | 20.23 |
| 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 | 19.58 |
| Downside Intraday Target | 19.02 |
| Upside Intraday Target | 20.46 |
| Upside Intraday Target | 20.78 |
| Downside Intraday Target | 19.9 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 20.13 | 19.87 | 20.23 | 19.35 | 0.689 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 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 |
| 31 Wed Jul 2024 | 20.13 | 19.88 | 20.76 | 19.22 | 0.964 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Cenovus Energy in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 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 19.79 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Cenovus Energy in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 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 19.79 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 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.