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Stock Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Cenovus Energy Inc (TSE:CVE)
Bull Market Weakness (+75) - CVE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CVE as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for CVE
The long-term trend has been DOWN since Aug 2nd, 2024 at 24.790
The intermediate-term trend has been UP since Jan 2nd, 2025 at 21.895
The short-term trend has been UP since Jan 17th, 2025 at 21.850
Smart Scan Analysis for CVE
Based on our trend formula, CVE is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.36 | 21.87 | 21.24 | 21.78 | +0.42 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.77 | 3146346 | 2025-01-17 15:59:38 |
| Year High | 14.84 | Year High Date | 2018-07-10 |
| Year Low | 9.025 | Year Low Date | 2018-02-09 |
| 52wk High | 14.84 | 52wk High Date | 2018-07-10 |
| 52wk Low | 9.025 | 52wk Low Date | 2018-02-09 |
| Year End Close | 33.29 | Average Volume | 5,142,155 |
| Volatility | 45.82 |