CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) Technical Analysis
TSX:CVE-PR-A • CA15135U3073
Current stock price
CVE-PR-A.CA Technical Rating and Analysis
Overall CVE-PR-A gets a technical rating of 7 out of 10. Although CVE-PR-A is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- CVE-PR-A is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 69% of 209 stocks in the same industry do better.
- Warning: CVE-PR-A has an average volume of 28086 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-A is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CVE-PR-A is leading the market.
- When compared to the yearly performance of all other stocks, CVE-PR-A outperforms 48% of them, which is more or less in line with the market.
- In the last month CVE-PR-A has a been trading in a tight range between 24.66 and 25.19.
CVE-PR-A.CA Weekly and Daily overview Charts
CVE-PR-A.CA Setup Rating and Analysis
CVE-PR-A 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
CVE-PR-A.CA Support and Resistance Analysis
22.17
We found 3 important support areas.
- A support zone ranging from 24.34 to 24.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.70 to 23.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @22.39 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.01 to 25.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CVE-PR-A.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CVE-PR-A.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVE-PR-A.CA is up. |
| ChartMill Relative Strength | 48.52 | NEUTRAL | CVE-PR-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CVE-PR-A.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVE-PR-A.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVE-PR-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.87 | NEUTRAL | The RSI value for CVE-PR-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CVE-PR-A.CA has a negative trend. |
| Stochastics (14,3) | 6.06 | OVERSOLD | The low Stochastics value suggests CVE-PR-A.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for CVE-PR-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 51.98 | POSITIVE | The high ADX value value for CVE-PR-A.CA suggests a strong trend. |
CVE-PR-A.CA Chart- and CandleStick Pattern Analysis
CVE-PR-A.CA Technicals: Chart, Performance Metrics, Trend & Indicators
CENOVUS ENERGY INC - CVECN 2.404 PERP
TSX:CVE-PR-A (3/19/2026, 7:00:00 PM)
24.99
+0.01 (+0.04%)
CENOVUS ENERGY INC - CVECN 2.404 PERP / CVE-PR-A.CA TA FAQ
What is the ChartMill technical rating of CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to CVE-PR-A.CA.
What is the trend direction for CVE-PR-A stock?
The current trend direction for CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) is Bullish.
What is the RSI signal for CVE-PR-A stock?
CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) has an RSI value of 53.8707. This indicates that the stock is currently neutral.
What is the buy/sell signal for CVE-PR-A stock?
The buy/sell signal for CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for CENOVUS ENERGY INC - CVECN 2.404 PERP?
CENOVUS ENERGY INC - CVECN 2.404 PERP (CVE-PR-A.CA) has a support level at 24.91 and a resistance level at 25.01. Check the full technical report for our detailed analysis of CVE-PR-A.CA support and resistance levels.