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Cenovus Energy Inc (CVE)
NYSE:CVE

Cenovus Energy (CVE) Technical Analysis

1,687 Followers

Technical Sentiment

Overall Consensus
Neutral
9Bullish
5Neutral
8Bearish
Technical Analysis Consensus
Neutral
3Bullish
5Neutral
2Bearish
Moving Average Consensus
Neutral
6Bullish
0Neutral
6Bearish
Cenovus Energy Inc’s (CVE) Moving Averages Convergence Divergence (MACD) indicator is -0.05, suggesting Cenovus Energy Inc is a Buy.
Cenovus Energy Inc’s (CVE) 20-Day exponential moving average is 20.39, while Cenovus Energy Inc’s (CVE) share price is $20.27, making it a Sell.
Cenovus Energy Inc’s (CVE) 50-Day exponential moving average is 19.92, while Cenovus Energy Inc’s (CVE) share price is $20.27, making it a Buy.

Cenovus Energy (CVE) Pivot Points

May 21, 2024, 08:54 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
19.68
19.81
20.00
20.13
20.33
20.46
20.66
Fibonacci
19.81
19.93
20.01
20.13
20.26
20.34
20.46
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

May 21, 2024, 08:54 PM
Period
Simple
Exponential
MA5
20.10Buy
20.17Sell
MA10
20.31Sell
20.27Sell
MA20
20.57Sell
20.39Sell
MA50
20.21Sell
19.92Buy
MA100
18.27Buy
19.09Buy
MA200
18.45Buy
18.66Buy
Cenovus Energy Inc’s (CVE) 10-Day exponential moving average is 20.27, while Cenovus Energy Inc’s (CVE) share price is $20.27, making it a Sell.
Cenovus Energy Inc’s (CVE) 100-Day exponential moving average is 19.09, while Cenovus Energy Inc’s (CVE) share price is $20.27, making it a Buy.
Cenovus Energy Inc’s (CVE) stock price is $20.27 and Cenovus Energy Inc’s (CVE) 50-day simple moving average is 20.21, creating a Sell signal.
Cenovus Energy Inc’s (CVE) stock price is $20.27 and Cenovus Energy Inc’s (CVE) 100-day simple moving average is 18.27, creating a Buy signal.
Cenovus Energy Inc’s (CVE) stock price is $20.27 and Cenovus Energy Inc’s (CVE) 200-day simple moving average is 18.45, creating a Buy signal.

Cenovus Energy (CVE) Technical Indicators

May 21, 2024, 08:54 PM
Name
Value
Implied Action
RSI (14)
45.55
Neutral
STOCH (9,6)
27.55
Neutral
STOCHRSI (14)
22.17
Neutral
MACD (12,26)
-0.05
Buy
ADX (14)
27.92
Neutral
Williams %R
-69.72
Buy
CCI (14)
-75.17
Neutral
ATR (14)
0.46
-
Ultimate Oscillator
21.01
Sell
ROC
-1.47
Sell
Cenovus Energy Inc’s (CVE) Relative Strength Index (RSI) is 45.55, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Trend Strength Indicator (ADX) is 27.92, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Commodity Channel Index (CCI) is -75.17, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Price Rate of Change (ROC) is -1.47, creating a Sell 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 45.55, which suggests CVE is a Neutral.
      What is CVE’s MACD?
      CVE’s MACD is -0.05, which suggests CVE is a Buy.
        What is CVE’s 5-day moving average?
        CVE’s 5-day moving average is 20.10, which suggests CVE is a Buy.
          What is CVE’s 20-day moving average?
          CVE 20-day moving average is 20.57, which suggests CVE is a Sell.
            What is CVE’s 50-day moving average?
            CVE’s 50-day moving average is 20.21, which suggests CVE is a Sell.
              What is CVE’s 200-day moving average?
              CVE’s 200-day moving average is 18.45, which suggests CVE is a Buy.
                What is CVE’s Williams % R (14)?
                CVE’s Williams % R (14) is -69.72, which suggests CVE is a Buy.
                  What is CVE’s CCI (14)?
                  CVE’s CCI (14) is -75.17, which suggests CVE is a Neutral.
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