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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Cenovus Energy Inc (NYSE:CVE)
Long-Term Downtrend (-90) - CVE is in a strong downtrend that is likely to continue. While CVE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 Aug 2nd, 2024 at 18.02
The intermediate-term trend has been DOWN since Dec 13th, 2024 at 14.95
The short-term trend has been DOWN since Dec 13th, 2024 at 15.07
Smart Scan Analysis for CVE
Based on our trend formula, CVE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.7000 | 14.7600 | 14.5100 | 14.7117 | +0.0517 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.7100 | 2267754 | 2024-12-24 12:59:44 |
| Year High | 11.465 | Year High Date | 2018-05-22 |
| Year Low | 6.89 | Year Low Date | 2018-11-27 |
| 52wk High | 21.9 | 52wk High Date | 2024-04-11 |
| 52wk Low | 14.2 | 52wk Low Date | 2024-12-20 |
| Year End Close | 33.54 | Average Volume | 7,341,330 |
| Shares Outstanding | 833,290 | Short Interest | 4,102,837 |
| % Institutional | 66.4 | Market Cap | 11,513M |
| Assets | 546,800,000M | Liabilities | 250,890,000M |
| P/E Ratio | 10.0961 | Beta | 1.18 |
| Volatility | 45.26 |