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Stock Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

Cenovus Energy Inc (TSE:CVE)

Crossroads (+60) - CVE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
6.50 6.68 6.42 6.47 +0.05
Entry Signal

MarketClub’s Trade Triangles for CVE

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 11.16

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 3.80

short term up The short-term trend has been UP since Jun 2nd, 2020 at 6.23

Smart Scan Analysis for CVE

Based on our trend formula, CVE is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CVE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.50 6.68 6.42 6.47 +0.05
Prev. Close Volume Bid Ask Time
2.41 5638177 2020-06-03 16:26:50
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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