(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 2024-09-30 View latest technical analysis
10 day averaged volume of Cenovus Energy is 9290220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Mon Sep 2024 | 16.73 | 16.65 | 16.97 | 16.60 | 0.756 times |
| 27 Fri Sep 2024 | 16.64 | 16.40 | 16.70 | 16.37 | 0.858 times |
| 26 Thu Sep 2024 | 16.29 | 16.56 | 16.80 | 16.24 | 1.534 times |
| 25 Wed Sep 2024 | 17.00 | 17.27 | 17.33 | 16.89 | 0.984 times |
| 24 Tue Sep 2024 | 17.36 | 17.56 | 17.64 | 17.32 | 0.71 times |
| 23 Mon Sep 2024 | 17.19 | 17.16 | 17.55 | 17.06 | 0.711 times |
| 20 Fri Sep 2024 | 17.11 | 17.14 | 17.31 | 16.94 | 0.967 times |
| 19 Thu Sep 2024 | 17.22 | 16.98 | 17.24 | 16.87 | 0.72 times |
| 18 Wed Sep 2024 | 16.62 | 16.64 | 16.92 | 16.46 | 0.928 times |
| 17 Tue Sep 2024 | 16.71 | 16.43 | 16.75 | 16.35 | 1.161 times |
My analysis of stock is bearish for shortterm, and stock might move down till 16.3 or till 15.7. Use a stoploss of 16.82 and if the stock hits stoploss, then it can shoot up till 17.31
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 15.83 |
| Downside Target | 16.60 |
| Upside Target | 18.02 |
| Upside Target | 18.28 |
| Upside Target | 19.22 |
| Upside Target | 19.78 |
| Upside Target | 20.40 |
| Upside Target | 20.76 |
| Upside Target | 20.89 |
| Upside Target | 21.08 |
Intraday share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Intraday Target | 16.56 |
| Downside Intraday Target | 16.4 |
| Upside Intraday Target | 16.93 |
| Upside Intraday Target | 17.14 |
| Upside Intraday Target | 16.77 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Mon Sep 2024 | 16.73 | 16.65 | 16.97 | 16.60 | 0.157 times |
| 27 Fri Sep 2024 | 16.64 | 17.16 | 17.64 | 16.24 | 0.922 times |
| 20 Fri Sep 2024 | 17.11 | 16.33 | 17.31 | 16.14 | 0.979 times |
| 13 Fri Sep 2024 | 16.20 | 16.86 | 16.96 | 15.83 | 1.557 times |
| 06 Fri Sep 2024 | 16.85 | 18.19 | 18.28 | 16.75 | 4.458 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 |
| 30 Mon Sep 2024 | 16.73 | 18.19 | 18.28 | 15.83 | 1.049 times |
| 30 Fri Aug 2024 | 18.54 | 20.13 | 20.40 | 17.03 | 1.222 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 |
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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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.
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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Cenovus Energy in short term but BUY signal is weak.
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 16.82 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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.
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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Cenovus Energy in short term but BUY signal is weak.
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 16.82 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.