(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 2024-10-02 View latest technical analysis
10 day averaged volume of Cenovus Energy is 8554080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Wed Oct 2024 | 17.22 | 17.43 | 17.49 | 17.04 | 0.807 times |
| 01 Tue Oct 2024 | 17.16 | 16.52 | 17.30 | 16.52 | 1.129 times |
| 30 Mon Sep 2024 | 16.73 | 16.65 | 16.97 | 16.60 | 0.821 times |
| 27 Fri Sep 2024 | 16.64 | 16.40 | 16.70 | 16.37 | 0.932 times |
| 26 Thu Sep 2024 | 16.29 | 16.56 | 16.80 | 16.24 | 1.666 times |
| 25 Wed Sep 2024 | 17.00 | 17.27 | 17.33 | 16.89 | 1.069 times |
| 24 Tue Sep 2024 | 17.36 | 17.56 | 17.64 | 17.32 | 0.771 times |
| 23 Mon Sep 2024 | 17.19 | 17.16 | 17.55 | 17.06 | 0.772 times |
| 20 Fri Sep 2024 | 17.11 | 17.14 | 17.31 | 16.94 | 1.05 times |
| 19 Thu Sep 2024 | 17.22 | 16.98 | 17.24 | 16.87 | 0.781 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.2, but if it comes below 17.2, then a intra day sell could be more profitable.
If you take a sell trade below 17.2, then use 17.2 as stoploss and 16.76 as target. However if you take a buy trade in stock , then use 17.2 as stoploss and 17.6 as target.
Share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Target | 15.83 |
| Upside Target | 17.49 |
| Upside Target | 17.64 |
| Upside Target | 18.02 |
| Upside Target | 18.28 |
| Upside Target | 19.22 |
| Upside Target | 20.40 |
| Upside Target | 20.76 |
| Upside Target | 20.89 |
Intraday share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Intraday Target | 16.66 |
| Downside Intraday Target | 16.11 |
| Upside Intraday Target | 17.63 |
| Upside Intraday Target | 18.05 |
| Downside Intraday Target | 17.08 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Wed Oct 2024 | 17.22 | 16.65 | 17.49 | 16.52 | 0.529 times |
| 27 Fri Sep 2024 | 16.64 | 17.16 | 17.64 | 16.24 | 0.922 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 |
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 |
| 02 Wed Oct 2024 | 17.22 | 16.52 | 17.49 | 16.52 | 0.091 times |
| 30 Mon Sep 2024 | 16.73 | 18.19 | 18.28 | 15.83 | 1.049 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 |
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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 and BUY signal is strong.
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
Although the stock is in the BUY zone, but buying 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 16.93 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 and BUY signal is strong.
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
Although the stock is in the BUY zone, but buying 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 16.93 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.