(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 5919919
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 15.34 | 15.46 | 15.52 | 15.14 | 1.721 times |
| 07 Tue Jan 2025 | 15.59 | 15.59 | 15.68 | 15.32 | 1.413 times |
| 06 Mon Jan 2025 | 15.45 | 15.55 | 15.89 | 15.42 | 1.438 times |
| 03 Fri Jan 2025 | 15.34 | 15.42 | 15.43 | 15.16 | 1.111 times |
| 02 Thu Jan 2025 | 15.31 | 15.31 | 15.48 | 15.16 | 0.942 times |
| 31 Tue Dec 2024 | 15.15 | 14.88 | 15.20 | 14.85 | 1.065 times |
| 30 Mon Dec 2024 | 14.83 | 14.67 | 14.95 | 14.60 | 1.014 times |
| 27 Fri Dec 2024 | 14.64 | 14.73 | 14.82 | 14.55 | 1.091 times |
| 26 Thu Dec 2024 | 14.69 | 14.73 | 14.80 | 14.61 | 0.438 times |
| 24 Tue Dec 2024 | 14.71 | 14.70 | 14.76 | 14.51 | 0.43 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 15.3, but if it comes below 15.3, then a intra day sell could be more profitable.
If you take a sell trade below 15.3, then use 15.3 as stoploss and 14.97 as target. However if you take a buy trade in stock , then use 15.3 as stoploss and 15.8 as target.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 14.20 |
| Downside Target | 14.60 |
| Upside Target | 15.72 |
| Upside Target | 15.83 |
| Upside Target | 15.89 |
| Upside Target | 16.47 |
| Upside Target | 16.62 |
| Upside Target | 18.28 |
| Upside Target | 18.62 |
Intraday share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Intraday Target | 15.02 |
| Downside Intraday Target | 14.71 |
| Upside Intraday Target | 15.77 |
| Upside Intraday Target | 16.21 |
| Upside Intraday Target | 15.46 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 15.34 | 15.55 | 15.89 | 15.14 | 1.107 times |
| 03 Fri Jan 2025 | 15.34 | 14.67 | 15.48 | 14.60 | 1.369 times |
| 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 |
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 |
| 08 Wed Jan 2025 | 15.34 | 15.31 | 15.89 | 15.14 | 0.357 times |
| 31 Tue Dec 2024 | 15.15 | 15.85 | 16.62 | 14.20 | 0.629 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 |
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 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 BUY. Signal strength is Strong and stock is losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Cenovus Energy in short term but SELL signal is weak.
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
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 15.19 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 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 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 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 BUY. Signal strength is Strong and stock is losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Cenovus Energy in short term but SELL signal is weak.
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
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 15.19 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.