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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Cenovus Energy Inc (NYSE:CVE)

Strong Uptrend (+100) - CVE is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CVE continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

NYSE_CVE
Open High Low CVE Price Change
21.270 21.570 21.160 21.535 +0.255
Entry Signal

MarketClub’s Trade Triangles for CVE

long term up The long-term trend has been UP since Mar 7th, 2024 at 18.095

intermediate term up The intermediate-term trend has been UP since Jan 30th, 2024 at 16.380

short term up The short-term trend has been UP since Apr 22nd, 2024 at 21.210

Smart Scan Analysis for CVE

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

+100
Smart Scan Analysis for CVE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.270 21.570 21.160 21.535 +0.255
Prev. Close Volume Bid Ask Time
21.280 5162876 2024-04-26 14:55:59
Year High11.465Year High Date2018-05-22
Year Low6.89Year Low Date2018-11-27
52wk High21.952wk High Date2024-04-11
52wk Low14.6952wk Low Date2024-01-18
Year End Close33.54Average Volume9,274,063
Shares Outstanding833,290Short Interest4,102,837
% Institutional66.4Market Cap11,513M
Assets539,150,000MLiabilities252,170,000M
P/E Ratio13.3083Beta1.18
Volatility45.26
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