(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 2024-04-10 View latest technical analysis
10 day averaged volume of Cenovus Energy is 8373480
Date | Daily Closing Price | Open | High | Low | Volume |
10 Wed Apr 2024 | 21.80 | 21.44 | 21.88 | 21.44 | 1.001 times |
09 Tue Apr 2024 | 21.57 | 21.53 | 21.64 | 21.40 | 1.015 times |
08 Mon Apr 2024 | 21.45 | 21.39 | 21.54 | 21.25 | 0.977 times |
05 Fri Apr 2024 | 21.38 | 21.11 | 21.46 | 20.93 | 0.815 times |
04 Thu Apr 2024 | 21.11 | 20.99 | 21.21 | 20.89 | 1.041 times |
03 Wed Apr 2024 | 20.99 | 20.50 | 21.02 | 20.42 | 0.945 times |
02 Tue Apr 2024 | 20.43 | 20.34 | 20.49 | 20.14 | 0.884 times |
01 Mon Apr 2024 | 20.11 | 20.06 | 20.17 | 19.83 | 0.881 times |
28 Thu Mar 2024 | 19.99 | 19.97 | 20.06 | 19.87 | 0.636 times |
27 Wed Mar 2024 | 19.84 | 19.59 | 19.90 | 19.59 | 0.883 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, but if it comes below 21, then a intra day sell could be more profitable.
If you take a sell trade below 21, then use 21 as stoploss and 20 as target. However if you take a buy trade in stock , then use 21 as stoploss and 22.3 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 | 18.62 |
Downside Target | 19.40 |
Downside Target | 19.83 |
Downside Target | 20.06 |
Downside Target | 21.25 |
Downside Target | 21.46 |
Upside Target | 21.88 |
Intraday share price targets for Cenovus Energy (CVE)
Target Type | Value |
Downside Intraday Target | 21.41 |
Downside Intraday Target | 21.01 |
Upside Intraday Target | 22.04 |
Upside Intraday Target | 22.27 |
Downside Intraday Target | 21.64 |
Weekly technical analysis of Cenovus Energy (CVE)
Date | Weekly Closing Price | Open | High | Low | Volume |
10 Wed Apr 2024 | 21.80 | 21.39 | 21.88 | 21.25 | 0.656 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 |
15 Fri Mar 2024 | 18.58 | 17.54 | 18.90 | 17.40 | 0.65 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 |
10 Wed Apr 2024 | 21.80 | 20.06 | 21.88 | 19.83 | 0.258 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Cenovus Energy in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
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 BUY signal in short term and the buying is gaining 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 20.92 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Cenovus Energy in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
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 BUY signal in short term and the buying is gaining 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 20.92 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.