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Stock Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Cenovus Energy Inc (TSE:CVE)
Countertrend Down (-85) - CVE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Nov 7th, 2023 at 24.60
The intermediate-term trend has been DOWN since Nov 2nd, 2023 at 26.26
The short-term trend has been UP since Nov 30th, 2023 at 24.24
Smart Scan Analysis for CVE
Based on our trend formula, CVE is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.390 | 24.605 | 23.785 | 24.070 | +0.060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.010 | 10430603 | 2023-11-30 16:15:56 |
| 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 |