(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 2024-10-16 View latest technical analysis
10 day averaged volume of Cenovus Energy is 8566830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 16.86 | 16.90 | 17.05 | 16.74 | 0.573 times |
| 15 Tue Oct 2024 | 16.83 | 17.02 | 17.10 | 16.77 | 0.874 times |
| 14 Mon Oct 2024 | 17.60 | 17.64 | 17.79 | 17.49 | 0.563 times |
| 11 Fri Oct 2024 | 17.85 | 17.83 | 17.98 | 17.69 | 0.625 times |
| 10 Thu Oct 2024 | 17.86 | 17.73 | 17.93 | 17.52 | 0.947 times |
| 09 Wed Oct 2024 | 17.59 | 17.50 | 17.63 | 17.31 | 0.721 times |
| 08 Tue Oct 2024 | 17.68 | 18.00 | 18.02 | 17.50 | 1.746 times |
| 07 Mon Oct 2024 | 18.36 | 18.40 | 18.62 | 18.14 | 1.24 times |
| 04 Fri Oct 2024 | 18.27 | 17.95 | 18.33 | 17.77 | 1.41 times |
| 03 Thu Oct 2024 | 17.84 | 17.27 | 17.85 | 17.16 | 1.068 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 17.33. However, stock will show a bearish move below 16.8.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 15.83 |
| 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 | 16.47 |
| Downside Intraday Target | 16.08 |
| Upside Intraday Target | 17.52 |
| Upside Intraday Target | 18.18 |
| Upside Intraday Target | 17.13 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 16.86 | 17.64 | 17.79 | 16.74 | 0.381 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 |
| 20 Fri Sep 2024 | 17.11 | 16.33 | 17.31 | 16.14 | 0.979 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 |
| 16 Wed Oct 2024 | 16.86 | 16.52 | 18.62 | 16.52 | 0.554 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 neutral. A longer time frame might give a better analysis.
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.
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 moving up
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 17.76 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 neutral. A longer time frame might give a better analysis.
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.
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 moving up
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 17.76 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.