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Cenovus Energy Inc (TSE:CVE)
TSX:CVE
Canadian Market
Holding TSE:CVE?
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Cenovus Energy (CVE) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Neutral
9Bullish
6Neutral
7Bearish
Technical Analysis Consensus
Buy
3Bullish
6Neutral
1Bearish
Moving Average Consensus
Neutral
6Bullish
0Neutral
6Bearish
Cenovus Energy Inc’s (CVE) Moving Averages Convergence Divergence (MACD) indicator is 0.01, suggesting Cenovus Energy Inc is a Buy.
Cenovus Energy Inc’s (CVE) 20-Day exponential moving average is 21.71, while Cenovus Energy Inc’s (CVE) share price is C$21.77, making it a Buy.
Cenovus Energy Inc’s (CVE) 50-Day exponential moving average is 21.92, while Cenovus Energy Inc’s (CVE) share price is C$21.77, making it a Sell.

Cenovus Energy (CVE) Pivot Points

Jan 18, 2025, 06:20 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
20.42
20.70
21.03
21.31
21.64
21.92
22.25
Fibonacci
20.70
20.93
21.08
21.31
21.54
21.69
21.92
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

Jan 18, 2025, 06:20 PM
Period
Simple
Exponential
MA5
21.63Buy
21.68Buy
MA10
21.90Sell
21.74Buy
MA20
21.59Buy
21.71Buy
MA50
21.75Buy
21.92Sell
MA100
22.44Sell
22.56Sell
MA200
24.56Sell
23.60Sell
Cenovus Energy Inc’s (CVE) 10-Day exponential moving average is 21.74, while Cenovus Energy Inc’s (CVE) share price is C$21.77, making it a Buy.
Cenovus Energy Inc’s (CVE) 100-Day exponential moving average is 22.56, while Cenovus Energy Inc’s (CVE) share price is C$21.77, making it a Sell.
Cenovus Energy Inc’s (CVE) stock price is C$21.77 and Cenovus Energy Inc’s (CVE) 50-day simple moving average is 21.75, creating a Buy signal.
Cenovus Energy Inc’s (CVE) stock price is C$21.77 and Cenovus Energy Inc’s (CVE) 100-day simple moving average is 22.44, creating a Sell signal.
Cenovus Energy Inc’s (CVE) stock price is C$21.77 and Cenovus Energy Inc’s (CVE) 200-day simple moving average is 24.56, creating a Sell signal.

Cenovus Energy (CVE) Technical Indicators

Jan 18, 2025, 06:20 PM
Name
Value
Implied Action
RSI (14)
50.71
Neutral
STOCH (9,6)
27.16
Neutral
STOCHRSI (14)
31.72
Neutral
MACD (12,26)
0.01
Buy
ADX (14)
22.81
Neutral
Williams %R
-60.30
Buy
CCI (14)
1.89
Neutral
ATR (14)
0.56
-
Ultimate Oscillator
41.59
Neutral
ROC
3.27
Buy
Cenovus Energy Inc’s (CVE) Relative Strength Index (RSI) is 50.71, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Trend Strength Indicator (ADX) is 22.81, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Commodity Channel Index (CCI) is 1.89, creating a Neutral signal.
Cenovus Energy Inc’s (CVE) Price Rate of Change (ROC) is 3.27, 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 50.71, which suggests CVE is a Neutral.
      What is CVE’s MACD?
      CVE’s MACD is 0.01, which suggests CVE is a Buy.
        What is CVE’s 5-day moving average?
        CVE’s 5-day moving average is 21.63, which suggests CVE is a Buy.
          What is CVE’s 20-day moving average?
          CVE 20-day moving average is 21.59, which suggests CVE is a Buy.
            What is CVE’s 50-day moving average?
            CVE’s 50-day moving average is 21.75, which suggests CVE is a Buy.
              What is CVE’s 200-day moving average?
              CVE’s 200-day moving average is 24.56, which suggests CVE is a Sell.
                What is CVE’s Williams % R (14)?
                CVE’s Williams % R (14) is -60.30, which suggests CVE is a Buy.
                  What is CVE’s CCI (14)?
                  CVE’s CCI (14) is 1.89, which suggests CVE is a Neutral.
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