Cenovus Energy Inc (TSE:CVE)
TSX:CVE

Cenovus Energy (CVE) Technical Analysis

1,007 Followers

Summary of all the Indicators

Overall Consensus
Strong Buy
15Bullish
5Neutral
2Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Strong Buy
11Bullish
0Neutral
1Bearish
Cenovus Energy Inc’s (CVE) Moving Averages Convergence Divergence (MACD) indicator is 0.16, suggesting Cenovus Energy Inc is a Buy.
Cenovus Energy Inc’s (CVE) 20-Day exponential moving average is 27.14, while Cenovus Energy Inc’s (CVE) share price is C$27.42, making it a Buy.
Cenovus Energy Inc’s (CVE) 50-Day exponential moving average is 26.94, while Cenovus Energy Inc’s (CVE) share price is C$27.42, making it a Buy.

Cenovus Energy (CVE) Pivot Points

Jul 27, 2024, 01:57 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
26.09
26.44
26.63
26.99
27.18
27.53
27.73
Fibonacci
26.44
26.65
26.78
26.99
27.19
27.32
27.53
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 27, 2024, 01:57 AM
Period
Simple
Exponential
MA5
27.17Buy
27.21Buy
MA10
27.49Sell
27.26Buy
MA20
27.25Buy
27.14Buy
MA50
26.85Buy
26.94Buy
MA100
26.96Buy
26.49Buy
MA200
25.00Buy
25.61Buy
Cenovus Energy Inc’s (CVE) 10-Day exponential moving average is 27.26, while Cenovus Energy Inc’s (CVE) share price is C$27.42, making it a Buy.
Cenovus Energy Inc’s (CVE) 100-Day exponential moving average is 26.49, while Cenovus Energy Inc’s (CVE) share price is C$27.42, making it a Buy.
Cenovus Energy Inc’s (CVE) stock price is C$27.42 and Cenovus Energy Inc’s (CVE) 50-day simple moving average is 26.85, creating a Buy signal.
Cenovus Energy Inc’s (CVE) stock price is C$27.42 and Cenovus Energy Inc’s (CVE) 100-day simple moving average is 26.96, creating a Buy signal.
Cenovus Energy Inc’s (CVE) stock price is C$27.42 and Cenovus Energy Inc’s (CVE) 200-day simple moving average is 25.00, creating a Buy signal.

Cenovus Energy (CVE) Technical Indicators

Jul 27, 2024, 01:57 AM
Name
Value
Implied Action
RSI (14)
52.60
Neutral
STOCH (9,6)
20.01
Neutral
STOCHRSI (14)
36.00
Neutral
MACD (12,26)
0.16
Buy
ADX (14)
14.44
Buy
Williams %R
-49.20
Buy
CCI (14)
-25.28
Neutral
ATR (14)
0.61
-
Ultimate Oscillator
46.11
Neutral
ROC
1.98
Buy
Cenovus Energy Inc’s (CVE) Relative Strength Index (RSI) is 52.60, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Trend Strength Indicator (ADX) is 14.44, creating a Buy signal.
Cenovus Energy Inc’s (CVE) Commodity Channel Index (CCI) is -25.28, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Price Rate of Change (ROC) is 1.98, creating a Buy signal.

FAQ

Is CVE a Buy, Hold, or Sell?
Based on CVE’s technical indicators, CVE is a Strong Buy.
    What is CVE’s RSI (14)?
    CVE’s RSI (14) is 52.60, which suggests CVE is a Neutral.
      What is CVE’s MACD?
      CVE’s MACD is 0.16, which suggests CVE is a Buy.
        What is CVE’s 5-day moving average?
        CVE’s 5-day moving average is 27.17, which suggests CVE is a Buy.
          What is CVE’s 20-day moving average?
          CVE 20-day moving average is 27.25, which suggests CVE is a Buy.
            What is CVE’s 50-day moving average?
            CVE’s 50-day moving average is 26.85, which suggests CVE is a Buy.
              What is CVE’s 200-day moving average?
              CVE’s 200-day moving average is 25.00, which suggests CVE is a Buy.
                What is CVE’s Williams % R (14)?
                CVE’s Williams % R (14) is -49.20, which suggests CVE is a Buy.
                  What is CVE’s CCI (14)?
                  CVE’s CCI (14) is -25.28, which suggests CVE is a Neutral.
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