Should I Buy Cenovus Energy Inc Stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. CVE has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.
CVE stock price ended at $16.41 on Friday, after rising 0.12%
The Cenovus Energy Inc stock price increased by 0.12% on the last trading day (09 Jan 2026), rising from 16.48 to 16.41. Throughout the last trading session, the stock experienced a fluctuation of 2.33% , ranging from a day low of $16.33 to a day high of 16.71. The price has declined in 5 of the last 10 days, resulting in a total change of -1.91% during this period. On the last day, trading volume increase by -1.64M shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 10.19M shares were traded, amounting to approximately 167.78M.
CVE Technical Signals
CVE(Cenovus Energy Inc Corp) has 1 buy signal and 3 sell signals now. The current trend is consolidation starting from 2025-12-05. The total price change during this trend is -10.38%. Recently, the price has increased while volume droped, indicating a potential warning signal. The average turnover of CVE over the last 5 trading days is 300.36M. Overall, the technical indicator signals lean more toward a Bearish outlook in the mid-term.
CVE Moving Average Analysis
Cenovus Energy Inc's overall moving average trend leans more bullish as of Saturday, January 10, 2026, with 2 negative signals and 2 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $17.84, and $18.58. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $15.42, and $14.67. A break-down below any of these levels will issue sell signals.
CVE Short Selling Analysis
The short sale ratio of Cenovus Energy Inc(CVE) as of 10 Dec 2025 is 10.76%, dropping from last trading day. With decreasing price from 17.75 to 17.86. The short sell activity indicate that short sellers may be experiencing short cover.
Technical Signal
Technical Signals Summary
Sell
3
Buy
1
Moving Average
Swing
PositiveStock Price Above SMA_5
Short Term
NegativeSMA_5 Below SMA_20
Mid Term
NegativeSMA_20 Below SMA_60
Long Term
PositiveSMA_60 Above SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
1 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
3 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
CVE Stock Forecast
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
In 2026, Cenovus Energy Inc (CVE) is anticipated to change hands in a trading channel between $8.43 and $17.12.
Cenovus Energy Inc Stock Forecast 2026
Jan 2026: CVE Stock Forecast
Potential ROI: -7.30%
In Jan 2026, Cenovus Energy Inc's value is forecasted to reach an average price of $12.43. The price is predicted to fluctuate between a low of $11.12 and a high of $14.41.
Feb 2026: CVE Stock Forecast
Potential ROI: -9.68%
In Feb 2026, Cenovus Energy Inc's value is forecasted to reach an average price of $12.11. The price is predicted to fluctuate between a low of $10.69 and a high of $14.17.
Mar 2026: CVE Stock Forecast
Potential ROI: -0.27%
In Mar 2026, Cenovus Energy Inc's value is forecasted to reach an average price of $13.37. The price is predicted to fluctuate between a low of $11.97 and a high of $15.85.
Apr 2026: CVE Stock Forecast
Potential ROI: 10.79%
In Apr 2026, Cenovus Energy Inc's value is forecasted to reach an average price of $14.86. The price is predicted to fluctuate between a low of $12.63 and a high of $15.75.
May 2026: CVE Stock Forecast
Potential ROI: 3.78%
In May 2026, Cenovus Energy Inc's value is forecasted to reach an average price of $13.92. The price is predicted to fluctuate between a low of $10.95 and a high of $17.12.
Jun 2026: CVE Stock Forecast
Potential ROI: 10.79%
In Jun 2026, Cenovus Energy Inc's value is forecasted to reach an average price of $14.86. The price is predicted to fluctuate between a low of $12.47 and a high of $16.23.
Jul 2026: CVE Stock Forecast
Potential ROI: -19.58%
In Jul 2026, Cenovus Energy Inc's value is forecasted to reach an average price of $10.78. The price is predicted to fluctuate between a low of $8.43 and a high of $13.97.
Aug 2026: CVE Stock Forecast
Potential ROI: -19.58%
In Aug 2026, Cenovus Energy Inc's value is forecasted to reach an average price of $10.78. The price is predicted to fluctuate between a low of $8.45 and a high of $11.14.
Sep 2026: CVE Stock Forecast
Potential ROI: 10.79%
In Sep 2026, Cenovus Energy Inc's value is forecasted to reach an average price of $14.86. The price is predicted to fluctuate between a low of $11.73 and a high of $15.39.
Oct 2026: CVE Stock Forecast
Potential ROI: 3.03%
In Oct 2026, Cenovus Energy Inc's value is forecasted to reach an average price of $13.82. The price is predicted to fluctuate between a low of $13.24 and a high of $14.05.
Nov 2026: CVE Stock Forecast
Potential ROI: -10.05%
In Nov 2026, Cenovus Energy Inc's value is forecasted to reach an average price of $12.06. The price is predicted to fluctuate between a low of $8.94 and a high of $15.27.
Dec 2026: CVE Stock Forecast
Potential ROI: 1.90%
In Dec 2026, Cenovus Energy Inc's value is forecasted to reach an average price of $13.67. The price is predicted to fluctuate between a low of $11.39 and a high of $15.32.
CVE Price Prediction & Forecast by Similar Chart Analysis
Based on historical patterns and backtesting of stocks with similar movements to Cenovus Energy Inc(CVE), our algorithm predicts CVE's 1-month price at $15.50, with an -11.6%downwardshift. Using a similarity score up to 95.59%and other factors, This forecast updates weekly, adjusting for significant deviations.
Similar Chart
The price prediction chart for Cenovus Energy Inc (CVE.N) stock, as of Sunday, January 4, 2026 , forecasts a -11.6% change over the next month, based on its high correlation with NEM.N stock patterns. The similarity between their price movements over the analyzed periods is 95.59%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
CVE
No data
NEM
Down: -11.6%Similarity: 95.59%
CVE Seasonality Analysis
Based on CVE's historical stock price data across all years, the probability of a positive return in January is50.00%, suggesting it maybe an ideal month to invest in CVE. In contrast,Apriloffers the highest probability of positive returns at76.92%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Monthly Seasonality
The radar chart shows that buying Cenovus Energy Inc (CVE.N) stock in April has the highest probability of a positive return (76.92%), while October has the lowest probability (35.71%).
Performance Seasonality
The chart shows Cenovus Energy Inc. (CVE)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
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Frequently Asked Questions
Should I buy Cenovus Energy Inc (CVE.N) stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. CVE has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.
Which months have the highest win rate for buying Cenovus Energy Inc (CVE.N) stock in a year?
The radar chart shows that buying Cenovus Energy Inc (CVE.N) stock in April has the highest probability of a positive return (76.92%), while October has the lowest probability (35.71%).
How has Cenovus Energy Inc. (CVE)'s stock price performed over the past three years?
CVE's stock price fell by -6.22% in 2024,increased by 10.52% in 2025, and went down by 6.39%in 2026.
Which bullish technical signals does CVE have?
Bullish technical signals of CVE include: Price crosses above 5-day SMA.
Which bearish technical signals does CVE have?
Bearish technical signals of CVE include: AO_5_34 < 0, MOM_10 < 0, MACD_12_26_9 < 0.
Is CVE a buy based on overall technical signals summary?
CVE has 1 buy signals and 3 sell signals now. Overall the technical rating for CVE is Sell . Note that market conditions change all the time. In addition to technical ratings, keep an eye on the Valuation Level of CVE.
What is the trend of Cenovus Energy Inc (CVE)'s moving average?
Cenovus Energy Inc's overall moving average trend leans more bullish as of January 10 2026, with 2 negative signals and 2 positive signal.
What is price prediction for CVE stock next month?
The price prediction chart for Cenovus Energy Inc (CVE.N) stock, as of January 04 2026, forecasts a -11.6% change over the next month, based on its high correlation with NEM stock patterns. The similarity between their price movements over the analyzed periods is 95.59%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
What is price prediction 2026 for Cenovus Energy Inc (CVE) Stock?
In Dec 2026, Cenovus Energy Inc's value is forecasted to reach an average price of $13.67. The price is predicted to fluctuate between a low of $11.39 and a high of $15.32.
What is price prediction 2030 for Cenovus Energy Inc (CVE) Stock?
In Dec 2030, Cenovus Energy Inc's value is forecasted to reach an average price of $12.39. The price is predicted to fluctuate between a low of $11.53 and a high of $13.39.