(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.
10 day averaged volume of Cenovus Energy is 13702620
Date | Daily Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 18.96 | 18.71 | 18.99 | 18.62 | 0.714 times |
15 Fri Mar 2024 | 18.58 | 18.65 | 18.90 | 18.54 | 0.843 times |
14 Thu Mar 2024 | 18.65 | 18.42 | 18.67 | 18.42 | 0.787 times |
13 Wed Mar 2024 | 18.42 | 18.15 | 18.62 | 18.15 | 0.928 times |
12 Tue Mar 2024 | 17.93 | 17.80 | 17.97 | 17.70 | 0.661 times |
11 Mon Mar 2024 | 17.81 | 17.54 | 17.90 | 17.40 | 0.719 times |
08 Fri Mar 2024 | 17.66 | 17.91 | 17.95 | 17.50 | 0.894 times |
07 Thu Mar 2024 | 17.92 | 17.87 | 18.16 | 17.83 | 1.697 times |
06 Wed Mar 2024 | 17.86 | 17.89 | 18.05 | 17.71 | 1.153 times |
05 Tue Mar 2024 | 17.54 | 17.51 | 17.77 | 17.45 | 1.149 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 18.8, for a target of 18.3 or 17.82
Share price targets for Cenovus Energy (CVE)
Target Type | Value |
Downside Target | 14.69 |
Downside Target | 15.47 |
Downside Target | 17.05 |
Downside Target | 18.03 |
Downside Target | 18.10 |
Downside Target | 18.16 |
Downside Target | 18.62 |
Downside Target | 18.90 |
Upside Target | 18.99 |
Upside Target | 19.74 |
Intraday share price targets for Cenovus Energy (CVE)
Target Type | Value |
Downside Intraday Target | 18.72 |
Downside Intraday Target | 18.49 |
Upside Intraday Target | 19.09 |
Upside Intraday Target | 19.23 |
Downside Intraday Target | 18.86 |
Weekly technical analysis of Cenovus Energy (CVE)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Mon Mar 2024 | 18.96 | 18.71 | 18.99 | 18.62 | 0.181 times |
15 Fri Mar 2024 | 18.58 | 17.54 | 18.90 | 17.40 | 0.65 times |
08 Fri Mar 2024 | 17.66 | 17.75 | 18.16 | 17.44 | 1.245 times |
01 Fri Mar 2024 | 17.70 | 17.52 | 18.03 | 17.21 | 1.779 times |
23 Fri Feb 2024 | 17.62 | 17.46 | 17.72 | 17.09 | 0.499 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 |
18 Mon Mar 2024 | 18.96 | 17.66 | 18.99 | 17.40 | 0.734 times |
29 Thu Feb 2024 | 17.43 | 16.25 | 18.00 | 15.47 | 0.907 times |
31 Wed Jan 2024 | 16.18 | 16.81 | 17.19 | 14.69 | 1.072 times |
29 Fri Dec 2023 | 16.65 | 17.68 | 18.10 | 15.55 | 1.256 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Cenovus Energy stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Cenovus Energy in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cenovus Energy in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 18.08 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 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 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Cenovus Energy stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Cenovus Energy in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cenovus Energy in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 18.08 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.