CENOVUS ENERGY INC (CVE) Stock Technical Analysis
NYSE:CVE - New York Stock Exchange, Inc. - CA15135U1093 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CVE. CVE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CVE is a bad performer in the overall market: 83% of all stocks are doing better.
CVE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 63% of 212 stocks in the same industry do better.
CVE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
CVE has an average volume of 11360000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CVE has a been trading in the 10.23 - 14.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of CVE is bad and it also does not present a quality setup 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
11.98
21.30
We can see 4 important resistance areas.
- A resistance zone ranging from 13.34 to 13.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.17 from a trend line in the daily time frame.
- A resistance zone ranging from 15.67 to 15.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @21.09 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.26
Mansfield-2.29
10 Day High12.24
10 Day Low10.23
20 Day High14.57
20 Day Low10.23
52 Week High21.58
52 Week Low10.23
Performance
1 Week9.01%
2 Weeks-6.13%
1 Month-13.76%
3 Month-19.65%
6 Month-28.53%
12 Month-41.97%
2 Year-27.98%
3 Year-34.52%
5 Year232.42%
10 Year-35.71%
15 Year-58.7%
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)-0.04
RSI(14)45.36
LBB9.82
UBB14.32
12.1
+0.44 (+3.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.77%
1 Week9.01%
2 Weeks-6.13%
1 Month-13.76%
3 Month-19.65%
6 Month-28.53%
12 Month-41.97%
2 Year-27.98%
3 Year-34.52%
5 Year232.42%
10 Year-35.71%
15 Year-58.7%
Volatility
ATR(14)0.87
ATR(20)%5.83%
ATR Inc-36.47%
Range Today0.47
ADR(20)0.62
ADR(20)%5.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.26
Mansfield-2.29
10 Day High12.24
10 Day Low10.23
20 Day High14.57
20 Day Low10.23
52 Week High21.58
52 Week Low10.23
CS1 EndN/A
CR1 Start13.34
Volume & EV
DER(3)1.86%
DER(5)2.9%
Volume9.64M
Volume Incr-9.05%
Vol(5)9.52M
Vol(50)11.36M