(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 7170321
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Dec 2024 | 14.64 | 14.73 | 14.82 | 14.55 | 0.901 times |
| 26 Thu Dec 2024 | 14.69 | 14.73 | 14.80 | 14.61 | 0.361 times |
| 24 Tue Dec 2024 | 14.71 | 14.70 | 14.76 | 14.51 | 0.355 times |
| 23 Mon Dec 2024 | 14.66 | 14.37 | 14.72 | 14.24 | 0.874 times |
| 20 Fri Dec 2024 | 14.42 | 14.25 | 14.62 | 14.20 | 0.975 times |
| 19 Thu Dec 2024 | 14.35 | 14.71 | 14.76 | 14.32 | 1.08 times |
| 18 Wed Dec 2024 | 14.48 | 14.79 | 14.88 | 14.44 | 1.173 times |
| 17 Tue Dec 2024 | 14.77 | 14.71 | 14.80 | 14.55 | 1.161 times |
| 16 Mon Dec 2024 | 14.86 | 15.14 | 15.18 | 14.82 | 1.803 times |
| 13 Fri Dec 2024 | 15.25 | 15.06 | 16.62 | 14.94 | 1.197 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 14.6 as stoploss in an intra day buy trade for a target of 15.08. However, stock will show a bearish move below 14.6.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 14.20 |
| Upside Target | 14.82 |
| Upside Target | 15.83 |
| Upside Target | 15.98 |
| 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 | 14.31 |
| Downside Intraday Target | 13.99 |
| Upside Intraday Target | 14.89 |
| Upside Intraday Target | 15.15 |
| Downside Intraday Target | 14.57 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Dec 2024 | 14.64 | 14.37 | 14.82 | 14.24 | 0.402 times |
| 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 |
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 |
| 27 Fri Dec 2024 | 14.64 | 15.85 | 16.62 | 14.20 | 0.559 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 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 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 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 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 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 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 14.7 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 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 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 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 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 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 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 14.7 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.