(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 2024-07-23 View latest technical analysis
10 day averaged volume of Cenovus Energy is 6670260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 19.47 | 19.81 | 19.85 | 19.40 | 0.787 times |
| 22 Mon Jul 2024 | 19.99 | 19.83 | 20.10 | 19.59 | 0.758 times |
| 19 Fri Jul 2024 | 19.92 | 20.08 | 20.25 | 19.84 | 0.848 times |
| 18 Thu Jul 2024 | 20.20 | 20.50 | 20.60 | 20.16 | 1.174 times |
| 17 Wed Jul 2024 | 20.51 | 20.52 | 20.74 | 20.29 | 1.118 times |
| 16 Tue Jul 2024 | 20.43 | 20.44 | 20.62 | 20.32 | 1.345 times |
| 15 Mon Jul 2024 | 20.65 | 20.04 | 20.76 | 19.92 | 1.829 times |
| 12 Fri Jul 2024 | 19.90 | 20.15 | 20.15 | 19.86 | 0.593 times |
| 11 Thu Jul 2024 | 19.88 | 19.67 | 20.08 | 19.50 | 0.729 times |
| 10 Wed Jul 2024 | 19.66 | 19.23 | 19.69 | 19.22 | 0.857 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.5, but if it comes above 19.5, then a intra day buy could be more profitable.
If you take a sell trade below 19.5, then use 19.5 as stoploss and 19.1 as target. However if you take a buy trade in stock , then use 19.5 as stoploss and 19.9 as target.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 17.40 |
| Downside Target | 18.02 |
| Downside Target | 19.22 |
| Upside Target | 20.15 |
| Upside Target | 20.33 |
| Upside Target | 20.76 |
| Upside Target | 20.89 |
| Upside Target | 21.08 |
| Upside Target | 21.90 |
Intraday share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Intraday Target | 19.21 |
| Downside Intraday Target | 18.96 |
| Upside Intraday Target | 19.91 |
| Upside Intraday Target | 20.36 |
| Upside Intraday Target | 19.66 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 19.47 | 19.83 | 20.10 | 19.40 | 0.245 times |
| 19 Fri Jul 2024 | 19.92 | 20.04 | 20.76 | 19.84 | 1.74 times |
| 12 Fri Jul 2024 | 19.90 | 19.56 | 20.15 | 19.22 | 2.313 times |
| 05 Fri Jul 2024 | 19.65 | 20.26 | 20.33 | 19.53 | 0.629 times |
| 03 Wed Jul 2024 | 20.12 | 19.88 | 20.33 | 19.59 | 0.469 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 |
| 23 Tue Jul 2024 | 19.47 | 19.88 | 20.76 | 19.22 | 0.708 times |
| 28 Fri Jun 2024 | 19.66 | 20.86 | 20.89 | 18.02 | 1.043 times |
| 31 Fri May 2024 | 20.82 | 20.70 | 21.08 | 19.78 | 0.661 times |
| 30 Tue Apr 2024 | 20.56 | 20.06 | 21.90 | 19.83 | 0.866 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 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 to mid 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 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 but the sell signal is initial and weak.
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 getting stronger in this stock.
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 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
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 20.16 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 positive
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 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 to mid 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 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 but the sell signal is initial and weak.
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 getting stronger in this stock.
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 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
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 20.16 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.