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Cenovus Energy Inc (TSE:CVE)
TSX:CVE
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Cenovus Energy (CVE) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Neutral
8Bullish
5Neutral
9Bearish
Technical Analysis Consensus
Sell
2Bullish
5Neutral
3Bearish
Moving Average Consensus
Neutral
6Bullish
0Neutral
6Bearish
Cenovus Energy Inc’s (CVE) Moving Averages Convergence Divergence (MACD) indicator is -0.27, suggesting Cenovus Energy Inc is a Sell.
Cenovus Energy Inc’s (CVE) 20-Day exponential moving average is 22.56, while Cenovus Energy Inc’s (CVE) share price is C$22.7, making it a Buy.
Cenovus Energy Inc’s (CVE) 50-Day exponential moving average is 23.15, while Cenovus Energy Inc’s (CVE) share price is C$22.7, making it a Sell.

Cenovus Energy (CVE) Pivot Points

Nov 21, 2024, 10:08 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
21.55
21.76
22.09
22.30
22.63
22.84
23.17
Fibonacci
21.76
21.97
22.09
22.30
22.51
22.63
22.84
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

Nov 21, 2024, 10:08 PM
Period
Simple
Exponential
MA5
22.35Buy
22.40Buy
MA10
22.29Buy
22.38Buy
MA20
22.53Buy
22.56Buy
MA50
22.96Sell
23.15Sell
MA100
24.43Sell
23.85Sell
MA200
25.15Sell
24.02Sell
Cenovus Energy Inc’s (CVE) 10-Day exponential moving average is 22.38, while Cenovus Energy Inc’s (CVE) share price is C$22.7, making it a Buy.
Cenovus Energy Inc’s (CVE) 100-Day exponential moving average is 23.85, while Cenovus Energy Inc’s (CVE) share price is C$22.7, making it a Sell.
Cenovus Energy Inc’s (CVE) stock price is C$22.7 and Cenovus Energy Inc’s (CVE) 50-day simple moving average is 22.96, creating a Sell signal.
Cenovus Energy Inc’s (CVE) stock price is C$22.7 and Cenovus Energy Inc’s (CVE) 100-day simple moving average is 24.43, creating a Sell signal.
Cenovus Energy Inc’s (CVE) stock price is C$22.7 and Cenovus Energy Inc’s (CVE) 200-day simple moving average is 25.15, creating a Sell signal.

Cenovus Energy (CVE) Technical Indicators

Nov 21, 2024, 10:08 PM
Name
Value
Implied Action
RSI (14)
48.97
Neutral
STOCH (9,6)
80.24
Sell
STOCHRSI (14)
72.55
Neutral
MACD (12,26)
-0.27
Sell
ADX (14)
26.92
Neutral
Williams %R
-11.81
Sell
CCI (14)
13.50
Neutral
ATR (14)
0.56
-
Ultimate Oscillator
55.55
Neutral
ROC
1.03
Buy
Cenovus Energy Inc’s (CVE) Relative Strength Index (RSI) is 48.97, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Trend Strength Indicator (ADX) is 26.92, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Commodity Channel Index (CCI) is 13.50, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Price Rate of Change (ROC) is 1.03, creating a Buy signal.

FAQ

Is CVE a Buy, Hold, or Sell?
Based on CVE’s technical indicators, CVE is a Hold.
    What is CVE’s RSI (14)?
    CVE’s RSI (14) is 48.97, which suggests CVE is a Neutral.
      What is CVE’s MACD?
      CVE’s MACD is -0.27, which suggests CVE is a Sell.
        What is CVE’s 5-day moving average?
        CVE’s 5-day moving average is 22.35, which suggests CVE is a Buy.
          What is CVE’s 20-day moving average?
          CVE 20-day moving average is 22.53, which suggests CVE is a Buy.
            What is CVE’s 50-day moving average?
            CVE’s 50-day moving average is 22.96, which suggests CVE is a Sell.
              What is CVE’s 200-day moving average?
              CVE’s 200-day moving average is 25.15, which suggests CVE is a Sell.
                What is CVE’s Williams % R (14)?
                CVE’s Williams % R (14) is -11.81, which suggests CVE is a Sell.
                  What is CVE’s CCI (14)?
                  CVE’s CCI (14) is 13.50, which suggests CVE is a Neutral.
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