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Cenovus Energy Inc (TSE:CVE)
TSX:CVE

Cenovus Energy (CVE) Technical Analysis

1,000 Followers

Summary of all the Indicators

Overall Consensus
Buy
13Bullish
5Neutral
4Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Buy
9Bullish
0Neutral
3Bearish
Cenovus Energy Inc’s (CVE) Moving Averages Convergence Divergence (MACD) indicator is 0.30, suggesting Cenovus Energy Inc is a Sell.
Cenovus Energy Inc’s (CVE) 20-Day exponential moving average is 27.16, while Cenovus Energy Inc’s (CVE) share price is C$27.37, making it a Buy.
Cenovus Energy Inc’s (CVE) 50-Day exponential moving average is 26.91, while Cenovus Energy Inc’s (CVE) share price is C$27.37, making it a Buy.

Cenovus Energy (CVE) Pivot Points

Jul 22, 2024, 09:14 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
26.95
27.30
27.50
27.85
28.05
28.40
28.60
Fibonacci
27.30
27.51
27.64
27.85
28.06
28.19
28.40
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Cenovus Energy (CVE) Moving Averages

Jul 22, 2024, 09:14 AM
Period
Simple
Exponential
MA5
27.86Sell
27.60Sell
MA10
27.32Buy
27.44Sell
MA20
27.06Buy
27.16Buy
MA50
26.89Buy
26.91Buy
MA100
26.81Buy
26.43Buy
MA200
24.98Buy
25.56Buy
Cenovus Energy Inc’s (CVE) 10-Day exponential moving average is 27.44, while Cenovus Energy Inc’s (CVE) share price is C$27.37, making it a Sell.
Cenovus Energy Inc’s (CVE) 100-Day exponential moving average is 26.43, while Cenovus Energy Inc’s (CVE) share price is C$27.37, making it a Buy.
Cenovus Energy Inc’s (CVE) stock price is C$27.37 and Cenovus Energy Inc’s (CVE) 50-day simple moving average is 26.89, creating a Buy signal.
Cenovus Energy Inc’s (CVE) stock price is C$27.37 and Cenovus Energy Inc’s (CVE) 100-day simple moving average is 26.81, creating a Buy signal.
Cenovus Energy Inc’s (CVE) stock price is C$27.37 and Cenovus Energy Inc’s (CVE) 200-day simple moving average is 24.98, creating a Buy signal.

Cenovus Energy (CVE) Technical Indicators

Jul 22, 2024, 09:14 AM
Name
Value
Implied Action
RSI (14)
53.35
Neutral
STOCH (9,6)
69.41
Neutral
STOCHRSI (14)
69.41
Neutral
MACD (12,26)
0.30
Sell
ADX (14)
18.40
Buy
Williams %R
-46.45
Buy
CCI (14)
49.59
Neutral
ATR (14)
0.59
-
Ultimate Oscillator
50.34
Neutral
ROC
1.79
Buy
Cenovus Energy Inc’s (CVE) Relative Strength Index (RSI) is 53.35, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Trend Strength Indicator (ADX) is 18.40, creating a Buy signal.
Cenovus Energy Inc’s (CVE) Commodity Channel Index (CCI) is 49.59, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Price Rate of Change (ROC) is 1.79, creating a Buy signal.

FAQ

Is CVE a Buy, Hold, or Sell?
Based on CVE’s technical indicators, CVE is a Buy.
    What is CVE’s RSI (14)?
    CVE’s RSI (14) is 53.35, which suggests CVE is a Neutral.
      What is CVE’s MACD?
      CVE’s MACD is 0.30, which suggests CVE is a Sell.
        What is CVE’s 5-day moving average?
        CVE’s 5-day moving average is 27.86, which suggests CVE is a Sell.
          What is CVE’s 20-day moving average?
          CVE 20-day moving average is 27.06, which suggests CVE is a Buy.
            What is CVE’s 50-day moving average?
            CVE’s 50-day moving average is 26.89, which suggests CVE is a Buy.
              What is CVE’s 200-day moving average?
              CVE’s 200-day moving average is 24.98, which suggests CVE is a Buy.
                What is CVE’s Williams % R (14)?
                CVE’s Williams % R (14) is -46.45, which suggests CVE is a Buy.
                  What is CVE’s CCI (14)?
                  CVE’s CCI (14) is 49.59, which suggests CVE is a Neutral.
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