(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 2024-12-20 View latest technical analysis
10 day averaged volume of Cenovus Energy is 7187124
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 14.42 | 14.25 | 14.62 | 14.20 | 0.973 times |
| 19 Thu Dec 2024 | 14.35 | 14.71 | 14.76 | 14.32 | 1.077 times |
| 18 Wed Dec 2024 | 14.48 | 14.79 | 14.88 | 14.44 | 1.17 times |
| 17 Tue Dec 2024 | 14.77 | 14.71 | 14.80 | 14.55 | 1.159 times |
| 16 Mon Dec 2024 | 14.86 | 15.14 | 15.18 | 14.82 | 1.799 times |
| 13 Fri Dec 2024 | 15.25 | 15.06 | 16.62 | 14.94 | 1.194 times |
| 12 Thu Dec 2024 | 15.11 | 15.21 | 15.27 | 15.07 | 1.018 times |
| 11 Wed Dec 2024 | 15.32 | 15.21 | 15.34 | 15.08 | 0.747 times |
| 10 Tue Dec 2024 | 15.12 | 15.25 | 15.32 | 15.10 | 0.926 times |
| 09 Mon Dec 2024 | 15.19 | 15.28 | 15.51 | 15.18 | 0.861 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14.8, but if it comes above 14.8, then a intra day buy could be more profitable.
If you take a sell trade below 14.8, then use 14.8 as stoploss and 14.1 as target. However if you take a buy trade in stock , then use 14.8 as stoploss and 15.38 as target.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 14.20 |
| Upside Target | 14.94 |
| Upside Target | 15.98 |
| Upside Target | 16.28 |
| Upside Target | 16.47 |
| Upside Target | 16.62 |
| 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 | 14.02 |
| Downside Intraday Target | 13.62 |
| Upside Intraday Target | 15 |
| Upside Intraday Target | 15.58 |
| Upside Intraday Target | 14.6 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 14.42 | 15.14 | 15.18 | 14.20 | 1.302 times |
| 13 Fri Dec 2024 | 15.25 | 15.28 | 16.62 | 14.94 | 25.403 times |
| 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 |
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 |
| 20 Fri Dec 2024 | 14.42 | 15.85 | 16.62 | 14.20 | 0.457 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 down 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 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 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 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 Weak and stock is gaining 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 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 14.87 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 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 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 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 Weak and stock is gaining 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 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 14.87 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.