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Stock Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Cenovus Energy, Inc (NYSE:CVE)

Long-Term Uptrend (+90) - CVE is in a strong uptrend that is likely to continue. While CVE is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid CVE?

MarketClub looks at technical strength and momentum to determine if the timing is right for CVE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_CVE
Open High Low CVE Price Change
7.460 7.580 7.390 7.465 +0.035
Entry Signal

MarketClub’s Trade Triangles for CVE

long term up The long-term trend has been UP since Nov 24th, 2020 at 5.340

intermediate term up The intermediate-term trend has been UP since Feb 10th, 2021 at 6.550

short term up The short-term trend has been UP since Feb 10th, 2021 at 6.505

Smart Scan Analysis for CVE

Based on our trend formula, CVE is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CVE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.460 7.580 7.390 7.465 +0.035
Prev. Close Volume Bid Ask Time
7.460 5432286 2021-03-02 15:59:48
Year High11.465Year High Date2018-05-22
Year Low6.89Year Low Date2018-11-27
52wk High7.7252wk High Date2021-02-25
52wk Low1.4152wk Low Date2020-03-18
Year End Close33.54Average Volume10,663,762
Shares Outstanding833,290Short Interest4,102,837
% Institutional66.4Market Cap11,513M
Assets357,130,000MLiabilities165,120,000M
P/E Ratio2.6408Beta1.18
Volatility45.26
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