CENOVUS ENERGY INC - CVECN 3.935 PERP (CVE-PR-G.CA) Stock Technical Analysis
TSX:CVE-PR-G - Toronto Stock Exchange - CA15135U8858 - Currency: CAD
Taking everything into account, CVE-PR-G scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CVE-PR-G is only an average performer.
Warning: CVE-PR-G has an average volume of 15797 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
CVE-PR-G is part of the Oil, Gas & Consumable Fuels industry. There are 219 other stocks in this industry. CVE-PR-G outperforms 70% of them.
CVE-PR-G is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
When comparing the performance of all stocks over the past year, CVE-PR-G turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
In the last month CVE-PR-G has a been trading in a tight range between 24.72 and 25.05.
CVE-PR-G has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.97
25.40
We found 3 important support areas.
- A support zone ranging from 24.56 to 24.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.60 to 23.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.20 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.05 to 25.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.33
Mansfield0.12
10 Day High25.05
10 Day Low24.8
20 Day High25.05
20 Day Low24.72
52 Week High25.06
52 Week Low22.51
Performance
1 Week0.12%
2 Weeks0.68%
1 Month1.33%
3 Month0.8%
6 Month3.73%
12 Month9.92%
2 Year25.38%
3 Year9.06%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)62.6
LBB24.71
UBB25.11
CENOVUS ENERGY INC - CVECN 3.935 PERP
TSX:CVE-PR-G (3/7/2025, 7:00:00 PM)
25.05
+0.15 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.6%
1 Week0.12%
2 Weeks0.68%
1 Month1.33%
3 Month0.8%
6 Month3.73%
12 Month9.92%
2 Year25.38%
3 Year9.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.26%
ATR Inc38.46%
Range Today0.06
ADR(20)0.04
ADR(20)%0.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.33
Mansfield0.12
10 Day High25.05
10 Day Low24.8
20 Day High25.05
20 Day Low24.72
52 Week High25.06
52 Week Low22.51
CS1 End24.95
CR1 Start25.05
Volume & EV
DER(3)0%
DER(5)-0.04%
Volume7.36K
Volume Incr24.94%
Vol(5)13.88K
Vol(50)15.80K