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Stock Trend Analysis Report

Prepared for you on Thursday, January 8, 2026.

Cenovus Energy Inc (TSE:CVE)

Long-Term Downtrend (-90) - CVE is in a strong downtrend that is likely to continue. While CVE is showing intraday strength, it remains in the confines of a bearish trend. 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.

TSE_CVE
Open High Low CVE Price Change
22.25 22.32 21.62 21.95 -0.48
Entry Signal

MarketClub’s Trade Triangles for CVE

long term down The long-term trend has been DOWN since Jan 5th, 2026 at 22.60

intermediate term down The intermediate-term trend has been DOWN since Dec 11th, 2025 at 24.08

short term down The short-term trend has been DOWN since Jan 5th, 2026 at 23.13

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
22.25 22.32 21.62 21.95 -0.48
Prev. Close Volume Bid Ask Time
21.95 8209238 2026-01-07 15:59:35
Year High14.84Year High Date2018-07-10
Year Low9.025Year Low Date2018-02-09
52wk High14.8452wk High Date2018-07-10
52wk Low9.02552wk Low Date2018-02-09
Year End Close33.29Average Volume5,142,155
Volatility45.82
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