CENOVUS ENERGY INC (CVE)
CA15135U1093 - Common Stock
Taking everything into account, CVE scores 0 out of 10 in our technical rating. CVE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
81% of all other stocks performed better in the past year than CVE.
CVE is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CVE is lagging the market.
In the last month CVE has a been trading in the 14.20 - 16.62 range, which is quite wide. It is currently trading near the lows of this range.
CVE has an average volume of 7753360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CVE is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry, CVE did better than 41% of them.
CVE has a poor technical rating and the quality of the setup is also 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
14.28
21.30
We can see 3 important resistance areas.
- A resistance zone ranging from 14.89 to 15.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 15.97 to 16.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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
CRS19.64
Mansfield-2.74
10 Day High16.62
10 Day Low14.2
20 Day High16.62
20 Day Low14.2
52 Week High21.9
52 Week Low14.2
Performance
1 Week-5.44%
2 Weeks-3.99%
1 Month-10.99%
3 Month-15.72%
6 Month-22.68%
12 Month-13.81%
2 Year-25.71%
3 Year17.43%
5 Year42.07%
10 Year-30.07%
15 Year-42.78%
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)-0.07
RSI(14)31.85
LBB14.18
UBB15.95
CENOVUS ENERGY INC
NYSE:CVE (12/20/2024, 8:04:28 PM)
After market: 14.44 +0.02 (+0.14%)14.42
+0.07 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.49%
1 Week-5.44%
2 Weeks-3.99%
1 Month-10.99%
3 Month-15.72%
6 Month-22.68%
12 Month-13.81%
2 Year-25.71%
3 Year17.43%
5 Year42.07%
10 Year-30.07%
15 Year-42.78%
Volatility
ATR(14)0.48
ATR(20)%3.04%
ATR Inc-4.7%
Range Today0.42
ADR(20)0.41
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.64
Mansfield-2.74
10 Day High16.62
10 Day Low14.2
20 Day High16.62
20 Day Low14.2
52 Week High21.9
52 Week Low14.2
CS1 EndN/A
CR1 Start14.89
Volume & EV
DER(3)-1.74%
DER(5)-1.99%
Volume7.11M
Volume Incr17.87%
Vol(5)9.03M
Vol(50)7.75M