(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 2024-08-20 View latest technical analysis
10 day averaged volume of Cenovus Energy is 7291220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 18.82 | 19.50 | 19.50 | 18.77 | 1.204 times |
| 19 Mon Aug 2024 | 19.50 | 19.59 | 20.04 | 19.49 | 0.724 times |
| 16 Fri Aug 2024 | 19.61 | 19.64 | 19.86 | 19.55 | 0.707 times |
| 15 Thu Aug 2024 | 19.87 | 19.46 | 20.00 | 19.46 | 1.029 times |
| 14 Wed Aug 2024 | 19.27 | 19.25 | 19.36 | 19.17 | 1.265 times |
| 13 Tue Aug 2024 | 19.15 | 18.94 | 19.17 | 18.86 | 0.837 times |
| 12 Mon Aug 2024 | 19.01 | 18.59 | 19.10 | 18.54 | 0.994 times |
| 09 Fri Aug 2024 | 18.41 | 18.23 | 18.54 | 18.16 | 0.936 times |
| 08 Thu Aug 2024 | 18.23 | 18.08 | 18.35 | 18.02 | 1.49 times |
| 07 Wed Aug 2024 | 17.92 | 18.40 | 18.45 | 17.82 | 0.95 times |
My analysis of stock is bearish for shortterm, and stock might move down till 18.3 or till 17.4. Use a stoploss of 19.02 and if the stock hits stoploss, then it can shoot up till 19.75
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 17.03 |
| Downside Target | 17.76 |
| Downside Target | 18.54 |
| Upside Target | 19.22 |
| Upside Target | 19.78 |
| Upside Target | 20.10 |
| Upside Target | 20.40 |
| 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 | 18.38 |
| Downside Intraday Target | 17.94 |
| Upside Intraday Target | 19.65 |
| Upside Intraday Target | 20.48 |
| Upside Intraday Target | 19.21 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 18.82 | 19.59 | 20.04 | 18.77 | 0.399 times |
| 16 Fri Aug 2024 | 19.61 | 18.59 | 20.00 | 18.54 | 0.809 times |
| 09 Fri Aug 2024 | 18.41 | 17.24 | 18.54 | 17.03 | 1.002 times |
| 02 Fri Aug 2024 | 17.88 | 19.87 | 20.40 | 17.76 | 1.54 times |
| 26 Fri Jul 2024 | 19.76 | 19.83 | 20.10 | 19.26 | 0.671 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 |
| 20 Tue Aug 2024 | 18.82 | 20.13 | 20.40 | 17.03 | 0.828 times |
| 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 |
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 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 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 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 mid to longer 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.
ADX buy sell signal for Cenovus Energy stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Cenovus Energy in short term but the buy signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Cenovus Energy in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 18.92 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 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 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 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 mid to longer 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.
ADX buy sell signal for Cenovus Energy stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Cenovus Energy in short term but the buy signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Cenovus Energy in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 18.92 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.