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Stock Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

Cenovus Energy, Inc (NYSE:CVE)

Bear Market Rally (-75) - CVE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CVE as it may be in the beginning of a reversal.

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
4.5000 4.6000 4.4377 4.5100 +0.0500
Entry Signal

MarketClub’s Trade Triangles for CVE

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 8.46

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2020 at 4.89

short term down The short-term trend has been DOWN since Jul 28th, 2020 at 4.83

Smart Scan Analysis for CVE

Based on our trend formula, CVE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CVE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5000 4.6000 4.4377 4.5100 +0.0500
Prev. Close Volume Bid Ask Time
4.5000 2781191 2020-08-03 15:59:29
Year High11.465Year High Date2018-05-22
Year Low6.89Year Low Date2018-11-27
52wk High10.8252wk High Date2019-09-16
52wk Low1.4152wk Low Date2020-03-18
Year End Close33.54Average Volume7,526,526
Shares Outstanding833,290Short Interest4,102,837
% Institutional66.4Market Cap11,513M
Assets357,130,000MLiabilities165,120,000M
P/E Ratio3.3Beta1.18
Volatility45.26
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