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Stock Trend Analysis Report

Prepared for you on Wednesday, February 5, 2025.

Cenovus Energy Inc (NYSE:CVE)

Weak Downtrend (-65) - CVE is showing signs of a strengthening downtrend. Monitor CVE as it may be building momentum to the downside.

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
14.140 15.040 14.080 14.995 +0.885
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 down The intermediate-term trend has been DOWN since Jan 27th, 2025 at 14.59

short term down The short-term trend has been DOWN since Jan 31st, 2025 at 14.36

Smart Scan Analysis for CVE

Based on our trend formula, CVE is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CVE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.140 15.040 14.080 14.995 +0.885
Prev. Close Volume Bid Ask Time
14.980 11987677 2025-02-04 15:59:35
Year High11.465Year High Date2018-05-22
Year Low6.89Year Low Date2018-11-27
52wk High21.952wk High Date2024-04-11
52wk Low13.7652wk Low Date2025-02-03
Year End Close33.54Average Volume11,410,419
Shares Outstanding833,290Short Interest4,102,837
% Institutional66.4Market Cap11,513M
Assets546,800,000MLiabilities250,890,000M
P/E Ratio9.6843Beta1.18
Volatility45.26
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