CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) Stock Technical Analysis
TSX:CVE-PR-A - Toronto Stock Exchange - CA15135U3073 - Currency: CAD
Overall CVE-PR-A gets a technical rating of 7 out of 10. In the last year, CVE-PR-A was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: CVE-PR-A has an average volume of 9480 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, CVE-PR-A did better than 82% of all other stocks.
CVE-PR-A is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 94% of 218 stocks in the same industry.
CVE-PR-A 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.
In the last month CVE-PR-A has a been trading in the 21.95 - 23.40 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Although CVE-PR-A has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.25
23.87
We found 2 important support areas.
- A support zone ranging from 22.29 to 22.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.46 to 21.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @23.09 from a horizontal line in the weekly time frame.
- Resistance @23.63 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.13
Mansfield2.13
10 Day High23.4
10 Day Low22.5
20 Day High23.4
20 Day Low21.95
52 Week High23.63
52 Week Low15.8
Performance
1 Week1.14%
2 Weeks-0.04%
1 Month-0.17%
3 Month1.58%
6 Month30.91%
12 Month34.5%
2 Year83.17%
3 Year38.7%
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)57.21
LBB22.34
UBB23.16
CENOVUS ENERGY INC - CVECN 2.404 PERP
TSX:CVE-PR-A (5/1/2025, 7:00:00 PM)
23.08
+0.36 (+1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.58%
1 Week1.14%
2 Weeks-0.04%
1 Month-0.17%
3 Month1.58%
6 Month30.91%
12 Month34.5%
2 Year83.17%
3 Year38.7%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.33%
ATR Inc66.8%
Range Today0.41
ADR(20)0.27
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.13
Mansfield2.13
10 Day High23.4
10 Day Low22.5
20 Day High23.4
20 Day Low21.95
52 Week High23.63
52 Week Low15.8
CS1 End22.84
CR1 Start23.09
Volume & EV
DER(3)103.19%
DER(5)96.56%
Volume1.90K
Volume Incr-21.51%
Vol(5)8.86K
Vol(50)9.48K