(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 2024-11-07 View latest technical analysis
10 day averaged volume of Cenovus Energy is 8677960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Nov 2024 | 16.34 | 16.36 | 16.42 | 16.11 | 0.581 times |
| 06 Wed Nov 2024 | 16.18 | 16.07 | 16.36 | 15.98 | 1.113 times |
| 05 Tue Nov 2024 | 16.13 | 16.30 | 16.30 | 16.00 | 0.695 times |
| 04 Mon Nov 2024 | 16.21 | 15.97 | 16.30 | 15.87 | 1.051 times |
| 01 Fri Nov 2024 | 15.67 | 16.18 | 16.30 | 15.63 | 1.026 times |
| 31 Thu Oct 2024 | 16.07 | 16.32 | 16.36 | 15.72 | 2.212 times |
| 30 Wed Oct 2024 | 16.67 | 16.61 | 16.76 | 16.41 | 1.155 times |
| 29 Tue Oct 2024 | 16.48 | 16.69 | 16.73 | 16.36 | 0.705 times |
| 28 Mon Oct 2024 | 16.67 | 16.32 | 16.69 | 16.24 | 0.713 times |
| 25 Fri Oct 2024 | 16.90 | 16.85 | 16.97 | 16.78 | 0.514 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 16.2 as stoploss in an intra day buy trade for a target of 16.68. However, stock will show a bearish move below 16.2.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 15.63 |
| Upside Target | 16.42 |
| Upside Target | 17.18 |
| Upside Target | 17.31 |
| Upside Target | 17.79 |
| Upside Target | 18.28 |
| 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 | 16 |
| Downside Intraday Target | 15.66 |
| Upside Intraday Target | 16.55 |
| Upside Intraday Target | 16.76 |
| Downside Intraday Target | 16.21 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Nov 2024 | 16.34 | 15.97 | 16.42 | 15.87 | 0.592 times |
| 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 |
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 |
| 07 Thu Nov 2024 | 16.34 | 16.18 | 16.42 | 15.63 | 0.215 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 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 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 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 Strong 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 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 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 negative zone. This is the SELL 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 16.26 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 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 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 Strong 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 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 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 negative zone. This is the SELL 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 16.26 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.