(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 2024-08-29 View latest technical analysis
10 day averaged volume of Cenovus Energy is 6365590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 18.95 | 18.88 | 19.06 | 18.76 | 0.702 times |
| 28 Wed Aug 2024 | 18.71 | 18.59 | 18.86 | 18.51 | 0.899 times |
| 27 Tue Aug 2024 | 18.77 | 19.21 | 19.21 | 18.73 | 1.052 times |
| 26 Mon Aug 2024 | 19.28 | 19.46 | 19.64 | 19.16 | 1.222 times |
| 23 Fri Aug 2024 | 19.05 | 19.00 | 19.08 | 18.81 | 0.637 times |
| 22 Thu Aug 2024 | 18.73 | 18.89 | 18.92 | 18.66 | 1.094 times |
| 21 Wed Aug 2024 | 18.84 | 19.03 | 19.10 | 18.79 | 0.899 times |
| 20 Tue Aug 2024 | 18.82 | 19.50 | 19.50 | 18.77 | 1.379 times |
| 19 Mon Aug 2024 | 19.50 | 19.59 | 20.04 | 19.49 | 0.83 times |
| 16 Fri Aug 2024 | 19.61 | 19.64 | 19.86 | 19.55 | 0.809 times |
My analysis of stock is bullish for shortterm, and stock might move up till 19.4 or till 20.1. Use a stoploss of 18.79 and if this stock hits its stoploss, then it can fall down till 18.21
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 17.03 |
| Downside Target | 17.76 |
| Downside Target | 18.51 |
| Upside Target | 19.22 |
| Upside Target | 19.64 |
| Upside Target | 20.04 |
| Upside Target | 20.40 |
| 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 | 18.43 |
| Downside Intraday Target | 17.9 |
| Upside Intraday Target | 19.56 |
| Upside Intraday Target | 20.16 |
| Upside Intraday Target | 19.03 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 18.95 | 19.46 | 19.64 | 18.51 | 0.801 times |
| 23 Fri Aug 2024 | 19.05 | 19.59 | 20.04 | 18.66 | 0.874 times |
| 16 Fri Aug 2024 | 19.61 | 18.59 | 20.00 | 18.54 | 0.809 times |
| 09 Fri Aug 2024 | 18.41 | 17.24 | 18.54 | 17.03 | 1.002 times |
| 02 Fri Aug 2024 | 17.88 | 19.87 | 20.40 | 17.76 | 1.54 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 |
| 29 Thu Aug 2024 | 18.95 | 20.13 | 20.40 | 17.03 | 1.121 times |
| 31 Wed Jul 2024 | 20.13 | 19.88 | 20.76 | 19.22 | 0.964 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 |
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 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 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cenovus Energy ( (CVE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Cenovus Energy stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Cenovus Energy in short term and the sell signal is strong.
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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Cenovus Energy in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 19.01 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 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 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cenovus Energy ( (CVE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Cenovus Energy stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Cenovus Energy in short term and the sell signal is strong.
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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Cenovus Energy in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 19.01 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.