CENOVUS ENERGY INC - CVECN 3.935 PERP (CVE-PR-G.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CVE-PR-G - CA15135U8858
We assign a technical rating of 3 out of 10 to CVE-PR-G. In the last year, CVE-PR-G was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
CVE-PR-G has a poor technical rating and the quality of the setup is also not perfect 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
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. |
CENOVUS ENERGY INC - CVECN 3.935 PERP
TSX:CVE-PR-G (6/30/2025, 7:00:00 PM)
25
0 (0%)
CENOVUS ENERGY INC - CVECN 3.935 PERP / CVE-PR-G.CA FAQ
What is the technical rating for CVE-PR-G stock?
ChartMill assigns a technical rating of 3 / 10 to CVE-PR-G.CA.
Can you provide the trend direction for CENOVUS ENERGY INC - CVECN 3.935 PERP?
The current trend direction for CENOVUS ENERGY INC - CVECN 3.935 PERP (CVE-PR-G.CA) is Bullish.
What is the RSI signal for CENOVUS ENERGY INC - CVECN 3.935 PERP (CVE-PR-G.CA) stock?
CENOVUS ENERGY INC - CVECN 3.935 PERP (CVE-PR-G.CA) has an RSI value of 46.2389. This indicates that the stock is currently neutral.
What is the buy/sell signal for CVE-PR-G stock?
The buy/sell signal for CENOVUS ENERGY INC - CVECN 3.935 PERP (CVE-PR-G.CA) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for CENOVUS ENERGY INC - CVECN 3.935 PERP (CVE-PR-G.CA) stock?
CENOVUS ENERGY INC - CVECN 3.935 PERP (CVE-PR-G.CA) has a support level at 24.95 and a resistance level at 25.03. Check the full technical report for our detailed analysis of CVE-PR-G.CA support and resistance levels.