(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 9963200
Date | Daily Closing Price | Open | High | Low | Volume |
26 Fri Apr 2024 | 21.46 | 21.27 | 21.57 | 21.16 | 0.782 times |
25 Thu Apr 2024 | 21.28 | 20.96 | 21.40 | 20.96 | 0.905 times |
24 Wed Apr 2024 | 21.23 | 21.31 | 21.36 | 21.04 | 0.593 times |
23 Tue Apr 2024 | 21.27 | 21.07 | 21.35 | 20.97 | 0.654 times |
22 Mon Apr 2024 | 21.10 | 20.68 | 21.29 | 20.61 | 0.653 times |
19 Fri Apr 2024 | 20.85 | 20.61 | 21.10 | 20.57 | 0.647 times |
18 Thu Apr 2024 | 20.66 | 20.76 | 21.03 | 20.48 | 0.94 times |
17 Wed Apr 2024 | 20.70 | 20.59 | 21.21 | 20.55 | 1.635 times |
16 Tue Apr 2024 | 20.63 | 20.44 | 20.82 | 20.25 | 1.285 times |
15 Mon Apr 2024 | 20.55 | 20.99 | 21.03 | 20.54 | 1.325 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.4, but if it comes below 21.4, then a intra day sell could be more profitable.
If you take a sell trade below 21.4, then use 21.4 as stoploss and 21.03 as target. However if you take a buy trade in stock , then use 21.4 as stoploss and 21.9 as target.
Share price targets for Cenovus Energy (CVE)
Target Type | Value |
Downside Target | 14.69 |
Downside Target | 15.47 |
Downside Target | 17.19 |
Downside Target | 18.00 |
Downside Target | 19.43 |
Downside Target | 19.83 |
Downside Target | 20.61 |
Downside Target | 20.88 |
Downside Target | 21.21 |
Downside Target | 21.46 |
Upside Target | 21.57 |
Upside Target | 21.90 |
Intraday share price targets for Cenovus Energy (CVE)
Target Type | Value |
Downside Intraday Target | 20.86 |
Downside Intraday Target | 20.25 |
Upside Intraday Target | 21.82 |
Upside Intraday Target | 22.17 |
Downside Intraday Target | 21.21 |
Weekly technical analysis of Cenovus Energy (CVE)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Fri Apr 2024 | 21.46 | 20.68 | 21.57 | 20.61 | 0.615 times |
19 Fri Apr 2024 | 20.85 | 20.99 | 21.21 | 20.25 | 1.01 times |
12 Fri Apr 2024 | 20.95 | 21.39 | 21.90 | 20.88 | 1.504 times |
05 Fri Apr 2024 | 21.38 | 20.06 | 21.46 | 19.83 | 0.921 times |
28 Thu Mar 2024 | 19.99 | 19.45 | 20.06 | 19.43 | 0.95 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 |
26 Fri Apr 2024 | 21.46 | 20.06 | 21.90 | 19.83 | 0.773 times |
28 Thu Mar 2024 | 19.99 | 17.66 | 20.06 | 17.40 | 1.06 times |
29 Thu Feb 2024 | 17.43 | 16.25 | 18.00 | 15.47 | 0.907 times |
31 Wed Jan 2024 | 16.18 | 16.81 | 17.19 | 14.69 | 1.072 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Cenovus Energy stock for short term is BUY. Signal strength is Strong 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 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 green color and prices are above the green 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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 20.9 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Cenovus Energy stock for short term is BUY. Signal strength is Strong 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 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 green color and prices are above the green 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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 20.9 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.