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Stock Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Cenovus Energy, Inc (NYSE:CVE)
Strong Downtrend (-100) - CVE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for CVE
The long-term trend has been DOWN since Feb 25th, 2020 at 8.460
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 8.515
The short-term trend has been DOWN since Mar 27th, 2020 at 1.690
Smart Scan Analysis for CVE
Based on our trend formula, CVE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.93 | 2.05 | 1.78 | 1.83 | -0.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.71 | 6192711 | 2020-04-01 13:17:46 |
| Year High | 11.465 | Year High Date | 2018-05-22 |
| Year Low | 6.89 | Year Low Date | 2018-11-27 |
| 52wk High | 10.82 | 52wk High Date | 2019-09-16 |
| 52wk Low | 1.41 | 52wk Low Date | 2020-03-18 |
| Year End Close | 33.54 | Average Volume | 12,903,572 |
| Shares Outstanding | 833,290 | Short Interest | 4,102,837 |
| % Institutional | 66.4 | Market Cap | 11,513M |
| Assets | 353,590,000M | Liabilities | 163,090,000M |
| P/E Ratio | 9.7 | Beta | 1.18 |
| Volatility | 45.26 |