CENOVUS ENERGY INC (CVE) Stock Technical Analysis
NYSE:CVE - New York Stock Exchange, Inc. - CA15135U1093 - Common Stock - Currency: USD
Taking everything into account, CVE scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CVE was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, CVE is a bad performer in the overall market: 83% of all stocks are doing better.
CVE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 63% of 213 stocks in the same industry do better.
CVE is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 11.60 - 14.10 range, which is quite wide. It is currently trading near the high of this range.
CVE has an average volume of 11114400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
CVE has an average technical rating and also 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
11.53
16.06
We found 2 important support areas.
- Support @12.32 from a trend line in the daily time frame.
- Support @11.65 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 13.72 to 13.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.36 from a horizontal line in the daily time frame.
- Resistance @14.97 from a trend line in the daily time frame.
- A resistance zone ranging from 15.67 to 15.90. This zone is formed by a combination of multiple trend lines 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
CRS17.38
Mansfield-2.04
10 Day High14.1
10 Day Low11.6
20 Day High14.1
20 Day Low11.6
52 Week High21.08
52 Week Low10.23
Performance
1 Week-4.67%
2 Weeks12.16%
1 Month9.21%
3 Month-8.98%
6 Month-17.97%
12 Month-34.61%
2 Year-16.9%
3 Year-42.68%
5 Year206.7%
10 Year-19.47%
15 Year-50.71%
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)0.15
RSI(14)56.03
LBB11.23
UBB14.61
13.28
-0.26 (-1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.92%
1 Week-4.67%
2 Weeks12.16%
1 Month9.21%
3 Month-8.98%
6 Month-17.97%
12 Month-34.61%
2 Year-16.9%
3 Year-42.68%
5 Year206.7%
10 Year-19.47%
15 Year-50.71%
Volatility
ATR(14)0.51
ATR(20)%3.47%
ATR Inc-15.16%
Range Today0.49
ADR(20)0.4
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.38
Mansfield-2.04
10 Day High14.1
10 Day Low11.6
20 Day High14.1
20 Day Low11.6
52 Week High21.08
52 Week Low10.23
CS1 End12.32
CR1 Start13.72
Volume & EV
DER(3)2.83%
DER(5)2.22%
Volume10.47M
Volume Incr-14.75%
Vol(5)9.97M
Vol(50)11.11M