(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 11533820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 20.66 | 20.76 | 21.03 | 20.48 | 0.812 times |
| 17 Wed Apr 2024 | 20.70 | 20.59 | 21.21 | 20.55 | 1.412 times |
| 16 Tue Apr 2024 | 20.63 | 20.44 | 20.82 | 20.25 | 1.11 times |
| 15 Mon Apr 2024 | 20.55 | 20.99 | 21.03 | 20.54 | 1.145 times |
| 12 Fri Apr 2024 | 20.95 | 21.35 | 21.55 | 20.88 | 1.178 times |
| 11 Thu Apr 2024 | 21.09 | 21.85 | 21.90 | 21.00 | 1.635 times |
| 10 Wed Apr 2024 | 21.80 | 21.44 | 21.88 | 21.44 | 0.727 times |
| 09 Tue Apr 2024 | 21.57 | 21.53 | 21.64 | 21.40 | 0.737 times |
| 08 Mon Apr 2024 | 21.45 | 21.39 | 21.54 | 21.25 | 0.709 times |
| 05 Fri Apr 2024 | 21.38 | 21.11 | 21.46 | 20.93 | 0.591 times |
My analysis of stock is bullish for shortterm, and stock might move up till 21.3 or till 22.1. Use a stoploss of 20.58 and if this stock hits its stoploss, then it can fall down till 19.87
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 | 20.25 |
| Upside Target | 20.88 |
| Upside Target | 21.21 |
| Upside Target | 21.46 |
| Upside Target | 21.90 |
Intraday share price targets for Cenovus Energy (CVE)
| Target Type | Value |
| Downside Intraday Target | 20.2 |
| Downside Intraday Target | 19.75 |
| Upside Intraday Target | 21.16 |
| Upside Intraday Target | 21.67 |
| Upside Intraday Target | 20.71 |
Weekly technical analysis of Cenovus Energy (CVE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 20.66 | 20.99 | 21.21 | 20.25 | 0.898 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 |
| 18 Thu Apr 2024 | 20.66 | 20.06 | 21.90 | 19.83 | 0.601 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 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 short 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but selling is losing 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 21 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 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 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 short 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but selling is losing 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 21 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.