(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 2024-10-25 View latest technical analysis
10 day averaged volume of Cenovus Energy is 5702140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 16.90 | 16.85 | 16.97 | 16.78 | 0.782 times |
| 24 Thu Oct 2024 | 16.74 | 16.81 | 16.90 | 16.50 | 1.24 times |
| 23 Wed Oct 2024 | 16.70 | 16.95 | 16.98 | 16.61 | 0.954 times |
| 22 Tue Oct 2024 | 16.96 | 16.98 | 17.03 | 16.76 | 1.246 times |
| 21 Mon Oct 2024 | 16.91 | 17.11 | 17.18 | 16.82 | 0.818 times |
| 18 Fri Oct 2024 | 16.93 | 17.00 | 17.03 | 16.70 | 0.918 times |
| 17 Thu Oct 2024 | 16.98 | 16.87 | 17.02 | 16.85 | 0.866 times |
| 16 Wed Oct 2024 | 16.86 | 16.90 | 17.05 | 16.74 | 0.86 times |
| 15 Tue Oct 2024 | 16.83 | 17.02 | 17.10 | 16.77 | 1.313 times |
| 14 Mon Oct 2024 | 17.60 | 17.64 | 17.79 | 17.49 | 0.846 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 16.8 as stoploss in an intra day buy trade for a target of 17.3. However, stock will show a bearish move below 16.8.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 15.83 |
| Downside Target | 16.24 |
| Upside Target | 18.02 |
| Upside Target | 18.28 |
| Upside Target | 18.33 |
| Upside Target | 18.62 |
| Upside Target | 19.22 |
| Upside Target | 20.40 |
| Upside Target | 20.76 |
| Upside Target | 20.89 |
Intraday share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Intraday Target | 16.54 |
| Downside Intraday Target | 16.18 |
| Upside Intraday Target | 17.22 |
| Upside Intraday Target | 17.54 |
| Downside Intraday Target | 16.86 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 16.90 | 17.11 | 17.18 | 16.50 | 1.049 times |
| 18 Fri Oct 2024 | 16.93 | 17.64 | 17.79 | 16.70 | 0.606 times |
| 11 Fri Oct 2024 | 17.85 | 18.40 | 18.62 | 17.31 | 1.009 times |
| 04 Fri Oct 2024 | 18.27 | 16.65 | 18.33 | 16.52 | 1.005 times |
| 27 Fri Sep 2024 | 16.64 | 17.16 | 17.64 | 16.24 | 0.922 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 |
| 25 Fri Oct 2024 | 16.90 | 16.52 | 18.62 | 16.50 | 0.769 times |
| 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 |
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 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 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 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 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 SELL signal for Cenovus Energy in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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
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 16.93 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 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 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 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 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 SELL signal for Cenovus Energy in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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
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 16.93 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.