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Cenovus Energy Inc.

CVE Technical Analysis Summary (NYSE)

Analyze CVE on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CVE●NYSE
EnergyOil & Gas Integrated
$31.35
$0.72(2.35%)
U.S. Market is Open · 15:05

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CVE Technical Analysis Summary (NYSE)

Cenovus Energy Inc. (NYSE: CVE) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.16)
Trend Strength:Weak (ADX: 15.94)
Volatility:Medium (ATR: 1.03)
Support/Resistance:$30.00 – $33.65 (Bollinger Bands)

Technical conditions suggest Cenovus Energy Inc. on the NYSE is awaiting a decisive move. Overall, Cenovus Energy Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 49.16

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 30.73

Bearish
Momentum remains weak below midpoint.

Williams %R: -47.89

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -3.49

Bearish
Selling pressure outweighs buying.

Takeaway:Cenovus Energy Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.14

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.94

Weak
Weak trend, market trading sideways.

ATR (14): 1.03

Low
Low volatility, stable price action.

CCI (14): 37.35

Bullish
Bullish, momentum building upward.

Takeaway:Cenovus Energy Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$33.65
Middle Band (SMA 20)
$31.83
Lower Band
$30.00
Current Position
Within Bands

Takeaway:Cenovus Energy Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$33.66
Middle Line (EMA 20)
$31.60
Lower Channel
$29.54
Squeeze Status
Squeeze On

Takeaway:Cenovus Energy Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume6.32M
Money Flow Index41.11Neutral, balanced money flows with no clear signal.
Relative Vigor Index47.38Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:CVE shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Cenovus Energy Inc. (NYSE: CVE), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Cenovus Energy Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: CVE) Technical Analysis FAQ