(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 2024-12-04 View latest technical analysis
10 day averaged volume of Cenovus Energy is 8905917
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Dec 2024 | 15.82 | 15.93 | 15.98 | 15.81 | 0.043 times |
| 03 Tue Dec 2024 | 15.83 | 15.85 | 15.97 | 15.82 | 0.068 times |
| 26 Tue Nov 2024 | 15.48 | 15.79 | 15.80 | 15.31 | 1.552 times |
| 26 Tue Nov 2024 | 15.48 | 15.79 | 15.80 | 15.31 | 1.552 times |
| 25 Mon Nov 2024 | 15.84 | 16.22 | 16.28 | 15.75 | 1.084 times |
| 22 Fri Nov 2024 | 16.19 | 16.16 | 16.26 | 16.06 | 1.138 times |
| 21 Thu Nov 2024 | 16.20 | 16.29 | 16.47 | 16.19 | 1.11 times |
| 20 Wed Nov 2024 | 16.16 | 16.04 | 16.26 | 15.97 | 1.215 times |
| 19 Tue Nov 2024 | 16.05 | 15.80 | 16.12 | 15.72 | 0.732 times |
| 18 Mon Nov 2024 | 15.98 | 15.78 | 16.02 | 15.68 | 0.802 times |
My analysis of stock is bearish for shortterm, and stock might move down till 15.7 or till 15.4. Use a stoploss of 15.94 and if the stock hits stoploss, then it can shoot up till 16.19
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 15.27 |
| Downside Target | 15.68 |
| 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 | 15.76 |
| Downside Intraday Target | 15.7 |
| Upside Intraday Target | 15.93 |
| Upside Intraday Target | 16.04 |
| Upside Intraday Target | 15.87 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Dec 2024 | 15.82 | 15.85 | 15.98 | 15.81 | 0.071 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 |
| 04 Wed Dec 2024 | 15.82 | 15.85 | 15.98 | 15.81 | 0.006 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 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 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 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 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 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 15.88 and Cenovus Energy (CVE) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 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 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 15.88 and Cenovus Energy (CVE) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.