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Cenovus Energy Inc (TSE:CVE)
TSX:CVE

Cenovus Energy (CVE) Technical Analysis

939 Followers

Summary of all the Indicators

Overall Consensus
Buy
11Bullish
6Neutral
5Bearish
Technical Analysis Consensus
Neutral
2Bullish
6Neutral
2Bearish
Moving Average Consensus
Buy
9Bullish
0Neutral
3Bearish
Cenovus Energy Inc’s (CVE) Moving Averages Convergence Divergence (MACD) indicator is -0.10, suggesting Cenovus Energy Inc is a Buy.
Cenovus Energy Inc’s (CVE) 20-Day exponential moving average is 27.79, while Cenovus Energy Inc’s (CVE) share price is C$27.75, making it a Sell.
Cenovus Energy Inc’s (CVE) 50-Day exponential moving average is 27.22, while Cenovus Energy Inc’s (CVE) share price is C$27.75, making it a Buy.

Cenovus Energy (CVE) Pivot Points

May 26, 2024, 05:40 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
26.71
26.94
27.17
27.41
27.64
27.87
28.10
Fibonacci
26.94
27.12
27.23
27.41
27.59
27.70
27.87
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 26, 2024, 05:40 PM
Period
Simple
Exponential
MA5
27.54Buy
27.56Buy
MA10
27.54Buy
27.63Buy
MA20
27.93Sell
27.79Sell
MA50
27.77Sell
27.22Buy
MA100
24.93Buy
26.04Buy
MA200
25.06Buy
25.35Buy
Cenovus Energy Inc’s (CVE) 10-Day exponential moving average is 27.63, while Cenovus Energy Inc’s (CVE) share price is C$27.75, making it a Buy.
Cenovus Energy Inc’s (CVE) 100-Day exponential moving average is 26.04, while Cenovus Energy Inc’s (CVE) share price is C$27.75, making it a Buy.
Cenovus Energy Inc’s (CVE) stock price is C$27.75 and Cenovus Energy Inc’s (CVE) 50-day simple moving average is 27.77, creating a Sell signal.
Cenovus Energy Inc’s (CVE) stock price is C$27.75 and Cenovus Energy Inc’s (CVE) 100-day simple moving average is 24.93, creating a Buy signal.
Cenovus Energy Inc’s (CVE) stock price is C$27.75 and Cenovus Energy Inc’s (CVE) 200-day simple moving average is 25.06, creating a Buy signal.

Cenovus Energy (CVE) Technical Indicators

May 26, 2024, 05:40 PM
Name
Value
Implied Action
RSI (14)
49.78
Neutral
STOCH (9,6)
33.35
Neutral
STOCHRSI (14)
28.93
Neutral
MACD (12,26)
-0.10
Buy
ADX (14)
25.57
Neutral
Williams %R
-56.90
Buy
CCI (14)
-45.55
Neutral
ATR (14)
0.55
-
Ultimate Oscillator
46.60
Neutral
ROC
-0.51
Sell
Cenovus Energy Inc’s (CVE) Relative Strength Index (RSI) is 49.78, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Trend Strength Indicator (ADX) is 25.57, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Commodity Channel Index (CCI) is -45.55, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Price Rate of Change (ROC) is -0.51, creating a Sell 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 49.78, which suggests CVE is a Neutral.
      What is CVE’s MACD?
      CVE’s MACD is -0.10, which suggests CVE is a Buy.
        What is CVE’s 5-day moving average?
        CVE’s 5-day moving average is 27.54, which suggests CVE is a Buy.
          What is CVE’s 20-day moving average?
          CVE 20-day moving average is 27.93, which suggests CVE is a Sell.
            What is CVE’s 50-day moving average?
            CVE’s 50-day moving average is 27.77, which suggests CVE is a Sell.
              What is CVE’s 200-day moving average?
              CVE’s 200-day moving average is 25.06, which suggests CVE is a Buy.
                What is CVE’s Williams % R (14)?
                CVE’s Williams % R (14) is -56.90, which suggests CVE is a Buy.
                  What is CVE’s CCI (14)?
                  CVE’s CCI (14) is -45.55, which suggests CVE is a Neutral.
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