(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 2024-09-23 View latest technical analysis
10 day averaged volume of Cenovus Energy is 9768620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Sep 2024 | 17.19 | 17.16 | 17.55 | 17.06 | 0.676 times |
| 20 Fri Sep 2024 | 17.11 | 17.14 | 17.31 | 16.94 | 0.919 times |
| 19 Thu Sep 2024 | 17.22 | 16.98 | 17.24 | 16.87 | 0.684 times |
| 18 Wed Sep 2024 | 16.62 | 16.64 | 16.92 | 16.46 | 0.882 times |
| 17 Tue Sep 2024 | 16.71 | 16.43 | 16.75 | 16.35 | 1.104 times |
| 16 Mon Sep 2024 | 16.43 | 16.33 | 16.51 | 16.14 | 1.357 times |
| 13 Fri Sep 2024 | 16.20 | 16.23 | 16.44 | 16.15 | 1.644 times |
| 12 Thu Sep 2024 | 16.24 | 16.25 | 16.30 | 16.00 | 0.9 times |
| 11 Wed Sep 2024 | 16.17 | 16.48 | 16.59 | 15.83 | 0.867 times |
| 10 Tue Sep 2024 | 16.24 | 16.65 | 16.70 | 15.95 | 0.982 times |
My analysis of stock is bearish for shortterm, and stock might move down till 16.4 or till 15.2. Use a stoploss of 17.3 and if the stock hits stoploss, then it can shoot up till 18.24
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 15.83 |
| Downside Target | 16.75 |
| Upside Target | 18.02 |
| Upside Target | 18.37 |
| Upside Target | 18.77 |
| Upside Target | 19.22 |
| Upside Target | 19.78 |
| Upside Target | 20.40 |
| Upside Target | 20.76 |
| Upside Target | 20.89 |
| Upside Target | 21.08 |
Intraday share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Intraday Target | 16.98 |
| Downside Intraday Target | 16.78 |
| Upside Intraday Target | 17.47 |
| Upside Intraday Target | 17.76 |
| Upside Intraday Target | 17.27 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Sep 2024 | 17.19 | 17.16 | 17.55 | 17.06 | 0.137 times |
| 20 Fri Sep 2024 | 17.11 | 16.33 | 17.31 | 16.14 | 0.979 times |
| 13 Fri Sep 2024 | 16.20 | 16.86 | 16.96 | 15.83 | 1.557 times |
| 06 Fri Sep 2024 | 16.85 | 18.19 | 18.28 | 16.75 | 4.458 times |
| 30 Fri Aug 2024 | 18.54 | 18.76 | 18.77 | 18.37 | 0.224 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 |
| 23 Mon Sep 2024 | 17.19 | 18.19 | 18.28 | 15.83 | 0.788 times |
| 30 Fri Aug 2024 | 18.54 | 20.13 | 20.40 | 17.03 | 1.222 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 |
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 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 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 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 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 buy signal for Cenovus Energy in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 16.55 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 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 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 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 buy signal for Cenovus Energy in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 16.55 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.