Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, January 15, 2025.

Cenovus Energy Inc (NYSE:CVE)

Sidelines Mode (-55) - CVE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

NYSE_CVE
Open High Low CVE Price Change
15.000 15.190 14.995 15.105 +0.195
Entry Signal

MarketClub’s Trade Triangles for CVE

long term down The long-term trend has been DOWN since Aug 2nd, 2024 at 18.02

intermediate term up The intermediate-term trend has been UP since Jan 6th, 2025 at 15.48

short term down The short-term trend has been DOWN since Jan 14th, 2025 at 15.14

Smart Scan Analysis for CVE

Based on our trend formula, CVE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CVE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.000 15.190 14.995 15.105 +0.195
Prev. Close Volume Bid Ask Time
14.910 9897371 2025-01-15 15:59:29
Year High11.465Year High Date2018-05-22
Year Low6.89Year Low Date2018-11-27
52wk High21.952wk High Date2024-04-11
52wk Low14.252wk Low Date2024-12-20
Year End Close33.54Average Volume8,294,467
Shares Outstanding833,290Short Interest4,102,837
% Institutional66.4Market Cap11,513M
Assets546,800,000MLiabilities250,890,000M
P/E Ratio10.2334Beta1.18
Volatility45.26
Get a free daily analysis and signals for Cenovus Energy Inc (CVE) - Request Your Free Report.