(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 2024-12-05 View latest technical analysis
10 day averaged volume of Cenovus Energy is 8277948
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Dec 2024 | 15.67 | 15.50 | 15.70 | 15.50 | 0.043 times |
| 04 Wed Dec 2024 | 15.82 | 15.93 | 15.98 | 15.81 | 0.046 times |
| 03 Tue Dec 2024 | 15.83 | 15.85 | 15.97 | 15.82 | 0.073 times |
| 26 Tue Nov 2024 | 15.48 | 15.79 | 15.80 | 15.31 | 1.67 times |
| 26 Tue Nov 2024 | 15.48 | 15.79 | 15.80 | 15.31 | 1.67 times |
| 25 Mon Nov 2024 | 15.84 | 16.22 | 16.28 | 15.75 | 1.166 times |
| 22 Fri Nov 2024 | 16.19 | 16.16 | 16.26 | 16.06 | 1.224 times |
| 21 Thu Nov 2024 | 16.20 | 16.29 | 16.47 | 16.19 | 1.194 times |
| 20 Wed Nov 2024 | 16.16 | 16.04 | 16.26 | 15.97 | 1.307 times |
| 19 Tue Nov 2024 | 16.05 | 15.80 | 16.12 | 15.72 | 0.787 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.7, but if it comes above 15.7, then a intra day buy could be more profitable.
If you take a sell trade below 15.7, then use 15.7 as stoploss and 15.4 as target. However if you take a buy trade in stock , then use 15.7 as stoploss and 15.91 as target.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 15.27 |
| Upside Target | 15.98 |
| Upside Target | 16.27 |
| Upside Target | 16.28 |
| Upside Target | 16.47 |
| Upside Target | 17.03 |
| Upside Target | 18.28 |
| Upside Target | 18.62 |
| Upside Target | 20.40 |
Intraday share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Intraday Target | 15.45 |
| Downside Intraday Target | 15.24 |
| Upside Intraday Target | 15.93 |
| Upside Intraday Target | 16.2 |
| Upside Intraday Target | 15.72 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Dec 2024 | 15.67 | 15.85 | 15.98 | 15.50 | 0.097 times |
| 26 Tue Nov 2024 | 15.48 | 15.79 | 15.80 | 15.31 | 0.589 times |
| 26 Tue Nov 2024 | 15.48 | 16.22 | 16.28 | 15.31 | 0.528 times |
| 22 Fri Nov 2024 | 16.19 | 15.78 | 16.47 | 15.68 | 0.915 times |
| 15 Fri Nov 2024 | 15.62 | 16.09 | 16.27 | 15.27 | 1.371 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 |
| 05 Thu Dec 2024 | 15.67 | 15.85 | 15.98 | 15.50 | 0.008 times |
| 26 Tue Nov 2024 | 15.48 | 16.18 | 16.47 | 15.27 | 0.968 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 |
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 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 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 Strong and stock is gaining 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 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 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 but selling is losing 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 15.87 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 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 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 Strong and stock is gaining 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 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 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 but selling is losing 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 15.87 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.