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 3 out of 10 in our technical rating. CVE-PR-G was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
63% of all other stocks performed better in the past year than CVE-PR-G.
Warning: CVE-PR-G has an average volume of 19326 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CVE-PR-G is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CVE-PR-G is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
CVE-PR-G is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, CVE-PR-G did better than 44% of them.
In the last month CVE-PR-G has a been trading in a tight range between 24.97 and 25.22.
Considerably lower volume is observed in the last couple of days.
CVE-PR-G 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
23.36
25.46
When analyzing the support we can see 2 important 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 24.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.03 to 25.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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-G.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVE-PR-G.CA is down. |
| ChartMill Relative Strength | 37.05 | NEUTRAL | CVE-PR-G.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVE-PR-G.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVE-PR-G.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVE-PR-G.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.24 | NEUTRAL | The RSI value for CVE-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CVE-PR-G.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.33 | OVERSOLD | The low Stochastics value suggests CVE-PR-G.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.13 | LOW VOLATILITY | The low ATR as a percentage value for CVE-PR-G.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.35 | NEUTRAL | The ADX value for CVE-PR-G.CA suggests a possible start of a new trend. |
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)
CENOVUS ENERGY INC - CVECN 3.935 PERP
TSX:CVE-PR-G (6/30/2025, 7:00:00 PM)
25
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week0.08%
2 Weeks-0.79%
1 Month-0.4%
3 Month4.12%
6 Month1.21%
12 Month5.22%
2 Year32.63%
3 Year18.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.13%
ATR Inc-49.4%
Range Today0.01
ADR(20)0.01
ADR(20)%0.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.05
Mansfield-0.46
10 Day High25.22
10 Day Low24.97
20 Day High25.22
20 Day Low24.97
52 Week High25.22
52 Week Low23.45
CS1 End24.95
CR1 Start25.03
Volume & EV
DER(3)0%
DER(5)0%
Volume29.50K
Volume Incr-69.3%
Vol(5)11.54K
Vol(50)19.33K