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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.

NYSE_CVE
Open High Low CVE Price Change
1.93 2.05 1.78 1.83 -0.19
Entry Signal

MarketClub’s Trade Triangles for CVE

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 8.460

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 8.515

short term down 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).

-100
Smart Scan Analysis for CVE
Strong Downtrend Sideways 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 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 Volume12,903,572
Shares Outstanding833,290Short Interest4,102,837
% Institutional66.4Market Cap11,513M
Assets353,590,000MLiabilities163,090,000M
P/E Ratio9.7Beta1.18
Volatility45.26
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