Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
Cenovus Energy, Inc (NYSE:CVE)
Countertrend Up (+85) - CVE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CVE
The long-term trend has been UP since Nov 24th, 2020 at 5.34
The intermediate-term trend has been UP since May 17th, 2021 at 8.15
The short-term trend has been DOWN since Jun 17th, 2021 at 9.98
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 |
|---|---|---|---|---|
| 9.790 | 10.070 | 9.630 | 10.015 | +0.345 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.670 | 9247342 | 2021-06-21 15:59:50 |
| Year High | 11.465 | Year High Date | 2018-05-22 |
| Year Low | 6.89 | Year Low Date | 2018-11-27 |
| 52wk High | 10.545 | 52wk High Date | 2021-06-15 |
| 52wk Low | 3.15 | 52wk Low Date | 2020-10-26 |
| Year End Close | 33.54 | Average Volume | 10,369,563 |
| Shares Outstanding | 833,290 | Short Interest | 4,102,837 |
| % Institutional | 66.4 | Market Cap | 11,513M |
| Assets | 327,700,000M | Liabilities | 160,630,000M |
| P/E Ratio | 2.6408 | Beta | 1.18 |
| Volatility | 45.26 |