Technical Analysis for CVE - Cenovus Energy Inc

Grade Last Price % Change Price Change
F 16.48 -1.14% -0.19
CVE closed down 1.14 percent on Tuesday, October 29, 2024, on 80 percent of normal volume.
Earnings due: Oct 31
*** please verify all earnings dates ***
2 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Oversold Stochastic Weakness 0.00%
Gapped Down Weakness -1.14%
Lower Bollinger Band Touch Weakness -1.14%
Oversold Stochastic Weakness -1.14%
Stochastic Buy Signal Bullish -2.49%
Spinning Top Other -2.49%
Narrow Range Bar Range Contraction -2.49%
Gapped Up Strength -2.49%
Oversold Stochastic Weakness -2.49%
Gapped Up Strength -1.55%

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Profile

Cenovus Energy Inc Description

Cenovus Energy Inc., an integrated oil company, together with its subsidiaries, engages in the development, production, and marketing of bitumen, crude oil, natural gas, and natural gas liquids (NGLs) in Canada with refining operations in the United States. The company's Oil Sands segment is involved in the development and production of bitumen assets at Foster Creek, Christina Lake, and Narrows Lake; heavy oil assets at Pelican Lake; the Athabasca natural gas assets; and projects in the early stages of development, such as Grand Rapids and Telephone Lake. Its Conventional segment develops and produces conventional crude oil, natural gas, and NGLs in Alberta and Saskatchewan. As of December 31, 2012, this segment had an established land position of approximately 4.7 million net acres, of which approximately 3.0 million net acres were developed. The company's Refining and Marketing segment refines crude oil products into petroleum and chemical products; and markets crude oil and natural gas, as well as engages in the purchase and sale of third-party products. Cenovus Energy Inc. is headquartered in Calgary, Canada.


Classification

Sector: Energy
Industry: Oil & Gas Integrated
Keywords: Natural Gas Petroleum Industry Crude Oil Petroleum Natural Gas Liquids Chemical Product S&P/Tsx 60 Index Integrated Oil Oil Sands Oil Products Asphalt Grand Rapids Heavy Oil Markets Crude Oil Conventional Crude Oil Natural Gas Assets Party Products Crude Oil Products

Is CVE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 21.461
52 Week Low 14.3143
Average Volume 7,672,972
200-Day Moving Average 18.34
50-Day Moving Average 17.32
20-Day Moving Average 17.26
10-Day Moving Average 16.81
Average True Range 0.44
RSI (14) 38.65
ADX 17.21
+DI 17.97
-DI 32.97
Chandelier Exit (Long, 3 ATRs) 17.31
Chandelier Exit (Short, 3 ATRs) 17.55
Upper Bollinger Bands 18.37
Lower Bollinger Band 16.16
Percent B (%b) 0.15
BandWidth 12.79
MACD Line -0.21
MACD Signal Line -0.14
MACD Histogram -0.0637
Fundamentals Value
Market Cap 31.03 Billion
Num Shares 1.88 Billion
EPS 1.58
Price-to-Earnings (P/E) Ratio 10.43
Price-to-Sales 0.58
Price-to-Book 1.45
PEG Ratio 0.45
Dividend 0.60
Dividend Yield 3.64%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.04
Resistance 3 (R3) 17.06 16.89 16.94
Resistance 2 (R2) 16.89 16.75 16.88 16.91
Resistance 1 (R1) 16.69 16.66 16.61 16.67 16.88
Pivot Point 16.52 16.52 16.48 16.51 16.52
Support 1 (S1) 16.32 16.38 16.23 16.29 16.08
Support 2 (S2) 16.15 16.29 16.14 16.05
Support 3 (S3) 15.95 16.15 16.02
Support 4 (S4) 15.92