(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 2024-11-01 View latest technical analysis
10 day averaged volume of Cenovus Energy is 7549940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 15.67 | 16.18 | 16.30 | 15.63 | 1.18 times |
| 31 Thu Oct 2024 | 16.07 | 16.32 | 16.36 | 15.72 | 2.543 times |
| 30 Wed Oct 2024 | 16.67 | 16.61 | 16.76 | 16.41 | 1.327 times |
| 29 Tue Oct 2024 | 16.48 | 16.69 | 16.73 | 16.36 | 0.811 times |
| 28 Mon Oct 2024 | 16.67 | 16.32 | 16.69 | 16.24 | 0.819 times |
| 25 Fri Oct 2024 | 16.90 | 16.85 | 16.97 | 16.78 | 0.591 times |
| 24 Thu Oct 2024 | 16.74 | 16.81 | 16.90 | 16.50 | 0.936 times |
| 23 Wed Oct 2024 | 16.70 | 16.95 | 16.98 | 16.61 | 0.72 times |
| 22 Tue Oct 2024 | 16.96 | 16.98 | 17.03 | 16.76 | 0.941 times |
| 21 Mon Oct 2024 | 16.91 | 17.11 | 17.18 | 16.82 | 0.618 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 15.6, for a target of 16.4 or 17.02
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 15.63 |
| Upside Target | 16.30 |
| Upside Target | 17.31 |
| Upside Target | 17.79 |
| Upside Target | 18.28 |
| Upside Target | 18.33 |
| Upside Target | 18.62 |
| Upside Target | 19.22 |
| Upside Target | 20.40 |
| Upside Target | 20.76 |
Intraday share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Intraday Target | 15.28 |
| Downside Intraday Target | 14.89 |
| Upside Intraday Target | 16.41 |
| Upside Intraday Target | 17.15 |
| Upside Intraday Target | 16.02 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 15.67 | 16.32 | 16.76 | 15.63 | 1.755 times |
| 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Cenovus Energy (CVE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 15.67 | 16.18 | 16.30 | 15.63 | 0.049 times |
| 31 Thu Oct 2024 | 16.07 | 16.52 | 18.62 | 15.72 | 0.998 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 |
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 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 Strong 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 red color and prices are below the red cloud Prices appear to be coming down
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 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 16.46 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 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 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 Strong 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 red color and prices are below the red cloud Prices appear to be coming down
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 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 16.46 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.