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 0.367, suggesting CVE is Strong Buy.

Cenovus Energy Incorporation (CVE) 20-Day simple moving average is 25.982, while Cenovus Energy Incorporation (CVE) share price is $25.6, making it Sell.

Cenovus Energy Incorporation (CVE) 60-Day simple moving average is 23.365, while Cenovus Energy Incorporation (CVE) share price is $25.6, making it Buy.

Technical Analysis for CVE

Technical Sentiment Analysis for Cenovus Energy Incorporation (CVE) As of 2026-04-21, Cenovus Energy Incorporation (CVE) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 10 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CVE stands at 53.212, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.367, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 33.348 and the Commodity Channel Index (CCI) at -65.712 further confirm a -1.6 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CVE is trading above its 60-day moving average of $23.365 and above its 200-day long-term moving average of $18.658. Key price levels to watch include the immediate resistance at $26.873 and strong support at $24.028. A break above $26.873 could signal a bull continuation, while falling below $24.028 may test the next Fibonacci floor at $22.461.

Cenovus Energy Incorporation (CVE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	21.183	22.461	24.028	25.306	26.873	28.151	29.718
Fibonacci	22.461	23.548	24.22	25.306	26.393	27.065	28.151

Cenovus Energy Incorporation (CVE) Technical Indicators

2026-04-21

Name	Value
RSI_14	53.212
STOCHk_14_3_3	33.348
STOCHd_14_3_3	31.188
CCI_20	-65.712
AO_5_34	0.212
MOM_10	-1.6
MACD_12_26_9	0.367

Cenovus Energy Incorporation (CVE) Relative Strength Index (RSI) is 53.212, creating a Neutral signal.

Cenovus Energy Incorporation (CVE) Stochastic Oscillator is 33.348, creating a Neutral signal.

Cenovus Energy Incorporation (CVE) Stochastic RSI is 31.188, creating a Neutral signal.

Cenovus Energy Incorporation (CVE) Commodity Channel Index (CCI) is -65.712, creating a Neutral signal.

Cenovus Energy Incorporation (CVE) Awesome Oscillator is 0.212, creating a Buy signal.

Cenovus Energy Incorporation (CVE) Momentum is -1.6, creating a Sell signal.

Cenovus Energy Incorporation (CVE) MACD is 0.367, creating a Buy signal.

Cenovus Energy Incorporation (CVE) Moving Average

2026-04-21

Period	Simple	Signal
MA_5	25.28	Buy
MA_10	25.594	Buy
MA_20	25.982	Sell
MA_60	23.365	Buy
MA_200	18.658	Buy
MA_250	17.6	Buy

Cenovus Energy Incorporation (CVE) 5-Day simple moving average is 25.28, while Cenovus Energy Incorporation (CVE) share price is $25.6, making it a Buy.

Cenovus Energy Incorporation (CVE) 10-Day simple moving average is 25.594, while Cenovus Energy Incorporation (CVE) share price is $25.6, making it a Buy.

Cenovus Energy Incorporation (CVE) 20-Day simple moving average is 25.982, while Cenovus Energy Incorporation (CVE) share price is $25.6, making it a Sell.

Cenovus Energy Incorporation (CVE) 60-Day simple moving average is 23.365, while Cenovus Energy Incorporation (CVE) share price is $25.6, making it a Buy.

Cenovus Energy Incorporation (CVE) 200-Day simple moving average is 18.658, while Cenovus Energy Incorporation (CVE) share price is $25.6, making it a Buy.

Cenovus Energy Incorporation (CVE) 250-Day simple moving average is 17.6, while Cenovus Energy Incorporation (CVE) share price is $25.6, 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 Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 5 buy signals and 1 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 24.028 and a major resistance level at 26.873. Traders also monitor the pivot point at 25.306 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 53.212. 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 0.367, suggesting CVE is Strong 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 $25.6, which is above its 200-day simple moving average of 18.658. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.