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Stock Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Cenovus Energy Inc Warrants (each warrant entitles the holder to purchase one common share at an exercise price of C$6.54 per share) (NYSE:CVE.WS)
Sidelines Mode (+55) - CVE.WS 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.WS?
MarketClub looks at technical strength and momentum to determine if the timing is right for CVE.WS.
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.WS
The long-term trend has been UP since Mar 1st, 2024 at 13.20
The intermediate-term trend has been UP since Jan 30th, 2024 at 11.44
The short-term trend has been DOWN since Apr 11th, 2024 at 16.21
Smart Scan Analysis for CVE.WS
Based on our trend formula, CVE.WS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.00 | 16.00 | 15.73 | 15.83 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.80 | 400 | 2024-04-16 12:58:52 |
| 52wk High | 17.1 | 52wk High Date | 2024-04-11 |
| 52wk Low | 10.01 | 52wk Low Date | 2024-01-17 |
| Average Volume | 5,458 |