(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 2024-04-15 View latest technical analysis
10 day averaged volume of Cenovus Energy is 9573530
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 20.55 | 20.99 | 21.03 | 20.54 | 1.379 times |
| 12 Fri Apr 2024 | 20.95 | 21.35 | 21.55 | 20.88 | 1.419 times |
| 11 Thu Apr 2024 | 21.09 | 21.85 | 21.90 | 21.00 | 1.97 times |
| 10 Wed Apr 2024 | 21.80 | 21.44 | 21.88 | 21.44 | 0.876 times |
| 09 Tue Apr 2024 | 21.57 | 21.53 | 21.64 | 21.40 | 0.888 times |
| 08 Mon Apr 2024 | 21.45 | 21.39 | 21.54 | 21.25 | 0.854 times |
| 05 Fri Apr 2024 | 21.38 | 21.11 | 21.46 | 20.93 | 0.713 times |
| 04 Thu Apr 2024 | 21.11 | 20.99 | 21.21 | 20.89 | 0.91 times |
| 03 Wed Apr 2024 | 20.99 | 20.50 | 21.02 | 20.42 | 0.827 times |
| 02 Tue Apr 2024 | 20.43 | 20.34 | 20.49 | 20.14 | 0.773 times |
My analysis of stock is bullish for shortterm, and stock might move up till 21.2 or till 22.3. Use a stoploss of 20.35 and if this stock hits its stoploss, then it can fall down till 19.47
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 | 18.62 |
| Downside Target | 19.40 |
| Downside Target | 19.83 |
| Downside Target | 20.54 |
| Upside Target | 20.88 |
| Upside Target | 21.03 |
| Upside Target | 21.46 |
| Upside Target | 21.90 |
Intraday share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Intraday Target | 20.38 |
| Downside Intraday Target | 20.22 |
| Upside Intraday Target | 20.87 |
| Upside Intraday Target | 21.2 |
| Upside Intraday Target | 20.71 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 20.55 | 20.99 | 21.03 | 20.54 | 0.23 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 |
| 22 Fri Mar 2024 | 19.36 | 18.71 | 19.40 | 18.62 | 0.81 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 |
| 15 Mon Apr 2024 | 20.55 | 20.06 | 21.90 | 19.83 | 0.444 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 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 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 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 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 Weak and stock is losing 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 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 21.09 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 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 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 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 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 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 Weak and stock is losing 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 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 21.09 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 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.