CVE.TO Cenovus Energy TSX C$30.62 26 Feb 2026: Intraday most active, outlook
Cenovus Energy (CVE.TO) is the TSX’s most active name intraday at C$30.62 on 26 Feb 2026, trading 10,215,700 shares so far. CVE.TO stock is drawing volume after recent analyst notes and short-interest chatter, pushing price toward the year high C$32.04. Intraday traders are watching the day range C$30.38–C$31.05 and 50/200 day averages at C$25.58 and C$22.72 for momentum cues. This quick briefing gives the fundamental, technical and Meyka AI view for active traders on the TSX in Canada.
Intraday snapshot: CVE.TO stock price action
Price opened C$30.91 and sits at C$30.62 intraday on the TSX in Canada. Volume is 10,215,700 versus an average of 10,548,945, keeping CVE.TO stock among the most active Canadian listings. The intraday high is C$31.05 and low C$30.38, while the 12-month high and low are C$32.04 and C$14.48. Traders should note the tight daily range and strong relative activity when sizing positions.
News and catalysts driving the most active session
Recent broker moves and coverage explain the flow: targets range from C$25.00 (JPMorgan) to C$34.00 (Scotiabank, National Bank) with a consensus near C$32.00 per MarketBeat coverage. Read the latest note on MarketWatch and MarketBeat for context: MarketWatch report on CVE and MarketBeat coverage of analyst moves. Insider transactions and short interest notes add trading fuel; director purchases late last year and mixed broker action make CVE.TO stock a high-volume target for quick traders.
Fundamentals: valuation, cash flow and dividends
Cenovus shows EPS C$1.73 and a trailing PE near 17.35 on the TSX. Market cap sits around C$56.61 billion and trailing free cash flow yield is about 6.02%. Key ratios include P/B 1.74, EV/EBITDA 6.95, debt/equity roughly 0.54, and dividend per share C$0.78 for a yield near 2.60%. These figures place Cenovus inside Energy sector averages for value metrics while offering a modest dividend for income-minded traders.
Technicals and trading setup for active traders
Momentum and trend indicators show a bullish tilt: RSI 60.62, ADX 43.36 signaling a strong trend, and MACD histogram small positive. The 50-day average C$25.58 is well below price, giving upside momentum. Immediate resistance is the year high C$32.04. Short-term support sits near the intraday low C$30.38 and the middle Bollinger band C$28.89. Active traders should use tight stops with the ATR at 0.96.
Meyka AI grade and forecast for CVE.TO stock
Meyka AI rates CVE.TO with a score out of 100: 73.53 (B+) — Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects quarterly C$29.94 and yearly C$20.63. Compared with the current price C$30.62, the quarterly projection implies -2.27% and the yearly projection implies -32.61%. Forecasts are model-based projections and not guarantees. Use these alongside analyst targets and your risk plan.
Risks and intraday strategy for most-active traders
Key risks: oil-price swings, near-term earnings on 2026-04-30, and scattered analyst downgrades and upgrades observed this month. Veritas recently issued a negative view while Goldman Sachs holds a strong-buy — mixed signals heighten intraday volatility. For most-active traders, consider trading size relative to average volume, watch stops near C$30.38, and set profit targets near C$32.00–C$34.00 using tightening rules if momentum fades. Link to real-time quotes and the Meyka AI stock page for updates: Meyka AI stock page for CVE.TO.
Final Thoughts
CVE.TO stock is the TSX’s intraday volume leader on 26 Feb 2026 at C$30.62, and active traders have clear levels to watch. Fundamentals show solid cash flow, a PE near 17.35, and a dividend yield about 2.60%, while valuation ratios like P/B 1.74 and EV/EBITDA 6.95 are consistent with Energy peers. Analyst targets cluster around C$32.00 but opinions range from C$25.00 to C$34.00, so momentum matters for short-term moves. Meyka AI’s model projects quarterly C$29.94 and yearly C$20.63, implying a short-term downside of -2.27% and longer-term downside of -32.61% versus the current price; forecasts are model-based and not guarantees. For intraday and most-active strategies, use tight risk controls, track news flow from brokers and short-interest updates, and consider the 50-day average C$25.58 as a swing-level. Meyka AI provides this AI-powered market analysis platform view as context, not investment advice.
FAQs
What is the current intraday price and volume for CVE.TO stock?
CVE.TO stock is trading at C$30.62 intraday on 26 Feb 2026 with volume 10,215,700. The day range is C$30.38–C$31.05 and average volume is 10,548,945.
How does Meyka AI grade CVE.TO and what does it mean?
Meyka AI rates CVE.TO 73.53 out of 100 (B+) — Suggestion: BUY. The grade blends benchmark, sector, financial growth, metrics and analyst views. It is informational and not investment advice.
What are the near-term technical levels to watch for traders?
Watch resistance at the 12‑month high C$32.04, intraday support C$30.38, and the 50-day moving average C$25.58. ATR is 0.96 for stop sizing.
What price targets and forecasts exist for CVE.TO?
Analyst targets range C$25.00–C$34.00 with a consensus near C$32.00. Meyka AI’s model projects quarterly C$29.94 and yearly C$20.63. Forecasts are model projections and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.