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Stock Trend Analysis Report

Prepared for you on Sunday, June 20, 2021.

Cenovus Energy Inc (TSE:CVE)

Bull Market Weakness (+75) - CVE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CVE as it may be in the beginning stages of a reversal.

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.

Open High Low CVE Price Change
11.76 12.35 11.61 12.04 +0.07
Entry Signal

MarketClub’s Trade Triangles for CVE

long term up The long-term trend has been UP since Nov 24th, 2020 at 7.10

intermediate term up The intermediate-term trend has been UP since May 18th, 2021 at 10.02

short term down The short-term trend has been DOWN since Jun 17th, 2021 at 12.12

Smart Scan Analysis for CVE

Based on our trend formula, CVE is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CVE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.76 12.35 11.61 12.04 +0.07
Prev. Close Volume Bid Ask Time
12.04 13497926 2021-06-18 16:00:00
Year High14.84Year High Date2018-07-10
Year Low9.025Year Low Date2018-02-09
52wk High14.8452wk High Date2018-07-10
52wk Low9.02552wk Low Date2018-02-09
Year End Close33.29Average Volume5,142,155
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