CVE Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Cenovus Energy Incorporation (CVE) Moving Averages Convergence Divergence (MACD) indicator is -0.97, suggesting CVE is Buy.

Cenovus Energy Incorporation (CVE) 20-Day simple moving average is 25.986, while Cenovus Energy Incorporation (CVE) share price is $25.21, making it Sell.

Cenovus Energy Incorporation (CVE) 60-Day simple moving average is 27.537, while Cenovus Energy Incorporation (CVE) share price is $25.21, making it Sell.

Technical Analysis for CVE

Technical Sentiment Analysis for Cenovus Energy Incorporation (CVE) As of 2026-07-07, Cenovus Energy Incorporation (CVE) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 7 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CVE stands at 41.651, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.97, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 16.424 and the Commodity Channel Index (CCI) at -49.776 further confirm a -0.46 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CVE is trading above its 60-day moving average of $27.537 and above its 200-day long-term moving average of $21.895. Key price levels to watch include the immediate resistance at $25.719 and strong support at $24.104. A break above $25.719 could signal a bull continuation, while falling below $24.104 may test the next Fibonacci floor at $23.365.

Cenovus Energy Incorporation (CVE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	22.489	23.365	24.104	24.98	25.719	26.595	27.334
Fibonacci	23.365	23.982	24.363	24.98	25.597	25.978	26.595

Cenovus Energy Incorporation (CVE) Technical Indicators

2026-07-07

Name	Value
RSI_14	41.651
STOCHk_14_3_3	16.424
STOCHd_14_3_3	9.799
CCI_20	-49.776
AO_5_34	-2.672
MOM_10	-0.46
MACD_12_26_9	-0.97

Cenovus Energy Incorporation (CVE) Relative Strength Index (RSI) is 41.651, creating a Neutral signal.

Cenovus Energy Incorporation (CVE) Stochastic Oscillator is 16.424, creating a Buy signal.

Cenovus Energy Incorporation (CVE) Stochastic RSI is 9.799, creating a Buy signal.

Cenovus Energy Incorporation (CVE) Commodity Channel Index (CCI) is -49.776, creating a Neutral signal.

Cenovus Energy Incorporation (CVE) Awesome Oscillator is -2.672, creating a Sell signal.

Cenovus Energy Incorporation (CVE) Momentum is -0.46, creating a Sell signal.

Cenovus Energy Incorporation (CVE) MACD is -0.97, creating a Sell signal.

Cenovus Energy Incorporation (CVE) Moving Average

2026-07-07

Period	Simple	Signal
MA_5	24.706	Buy
MA_10	24.844	Buy
MA_20	25.986	Sell
MA_60	27.537	Sell
MA_200	21.895	Buy
MA_250	20.603	Buy

Cenovus Energy Incorporation (CVE) 5-Day simple moving average is 24.706, while Cenovus Energy Incorporation (CVE) share price is $25.21, making it a Buy.

Cenovus Energy Incorporation (CVE) 10-Day simple moving average is 24.844, while Cenovus Energy Incorporation (CVE) share price is $25.21, making it a Buy.

Cenovus Energy Incorporation (CVE) 20-Day simple moving average is 25.986, while Cenovus Energy Incorporation (CVE) share price is $25.21, making it a Sell.

Cenovus Energy Incorporation (CVE) 60-Day simple moving average is 27.537, while Cenovus Energy Incorporation (CVE) share price is $25.21, making it a Sell.

Cenovus Energy Incorporation (CVE) 200-Day simple moving average is 21.895, while Cenovus Energy Incorporation (CVE) share price is $25.21, making it a Buy.

Cenovus Energy Incorporation (CVE) 250-Day simple moving average is 20.603, while Cenovus Energy Incorporation (CVE) share price is $25.21, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for CVE?

The overall technical consensus for Cenovus Energy Incorporation (CVE) is currently Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 3 sell signals.

What are the key support and resistance levels for Cenovus Energy Incorporation (CVE) today?

Based on pivot point calculations, Cenovus Energy Incorporation (CVE) has an immediate support level at 24.104 and a major resistance level at 25.719. Traders also monitor the pivot point at 24.98 to determine the intraday trend direction.

Is Cenovus Energy Incorporation (CVE) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Cenovus Energy Incorporation (CVE) is currently 41.651. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Cenovus Energy Incorporation (CVE)?

Cenovus Energy Incorporation (CVE) Moving Averages Convergence Divergence (MACD) indicator is -0.97, suggesting CVE is Buy. This indicator helps identify potential trend reversals or momentum shifts for Cenovus Energy Incorporation.

How is Cenovus Energy Incorporation (CVE) performing relative to its 200-day moving average?

Cenovus Energy Incorporation (CVE) is currently trading at $25.21, which is above its 200-day simple moving average of 21.895. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

Name

Pivot Points

Classic

22.489

23.365

24.104

24.98

25.719

26.595

27.334

Fibonacci

23.365

23.982

24.363

24.98

25.597

25.978

26.595

Name

Value

RSI_14

41.651

STOCHk_14_3_3

16.424

STOCHd_14_3_3

9.799

CCI_20

-49.776

AO_5_34

-2.672

MOM_10

-0.46

MACD_12_26_9

-0.97

Period

Simple

Signal

MA_5

24.706

Buy

MA_10

24.844

Buy

MA_20

25.986

Sell

MA_60

27.537

Sell

MA_200

21.895

Buy

MA_250

20.603

Buy

Frequently Asked Questions