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 -0.655, suggesting CVE is Sell.

Cenovus Energy Incorporation (CVE) 20-Day simple moving average is 28.184, while Cenovus Energy Incorporation (CVE) share price is $25.16, making it Sell.

Cenovus Energy Incorporation (CVE) 60-Day simple moving average is 27.8, while Cenovus Energy Incorporation (CVE) share price is $25.16, making it Sell.

Technical Analysis for CVE

Technical Sentiment Analysis for Cenovus Energy Incorporation (CVE) As of 2026-06-18, Cenovus Energy Incorporation (CVE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 6 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CVE stands at 32.982, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.655, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 5.435 and the Commodity Channel Index (CCI) at -216.974 further confirm a -4.63 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CVE is trading above its 60-day moving average of $27.8 and above its 200-day long-term moving average of $21.446. Key price levels to watch include the immediate resistance at $29.885 and strong support at $24.725. A break above $29.885 could signal a bull continuation, while falling below $24.725 may test the next Fibonacci floor at $22.068.

Cenovus Energy Incorporation (CVE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	19.565	22.068	24.725	27.228	29.885	32.388	35.045
Fibonacci	22.068	24.039	25.257	27.228	29.199	30.417	32.388

Cenovus Energy Incorporation (CVE) Technical Indicators

2026-06-18

Name	Value
RSI_14	32.982
STOCHk_14_3_3	5.435
STOCHd_14_3_3	11.566
CCI_20	-216.974
AO_5_34	-2.415
MOM_10	-4.63
MACD_12_26_9	-0.655

Cenovus Energy Incorporation (CVE) Relative Strength Index (RSI) is 32.982, creating a Neutral signal.

Cenovus Energy Incorporation (CVE) Stochastic Oscillator is 5.435, creating a Buy signal.

Cenovus Energy Incorporation (CVE) Stochastic RSI is 11.566, creating a Buy signal.

Cenovus Energy Incorporation (CVE) Commodity Channel Index (CCI) is -216.974, creating a Buy signal.

Cenovus Energy Incorporation (CVE) Awesome Oscillator is -2.415, creating a Sell signal.

Cenovus Energy Incorporation (CVE) Momentum is -4.63, creating a Sell signal.

Cenovus Energy Incorporation (CVE) MACD is -0.655, creating a Sell signal.

Cenovus Energy Incorporation (CVE) Moving Average

2026-06-18

Period	Simple	Signal
MA_5	26.478	Sell
MA_10	27.383	Sell
MA_20	28.184	Sell
MA_60	27.8	Sell
MA_200	21.446	Buy
MA_250	20.12	Buy

Cenovus Energy Incorporation (CVE) 5-Day simple moving average is 26.478, while Cenovus Energy Incorporation (CVE) share price is $25.16, making it a Sell.

Cenovus Energy Incorporation (CVE) 10-Day simple moving average is 27.383, while Cenovus Energy Incorporation (CVE) share price is $25.16, making it a Sell.

Cenovus Energy Incorporation (CVE) 20-Day simple moving average is 28.184, while Cenovus Energy Incorporation (CVE) share price is $25.16, making it a Sell.

Cenovus Energy Incorporation (CVE) 60-Day simple moving average is 27.8, while Cenovus Energy Incorporation (CVE) share price is $25.16, making it a Sell.

Cenovus Energy Incorporation (CVE) 200-Day simple moving average is 21.446, while Cenovus Energy Incorporation (CVE) share price is $25.16, making it a Buy.

Cenovus Energy Incorporation (CVE) 250-Day simple moving average is 20.12, while Cenovus Energy Incorporation (CVE) share price is $25.16, 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 Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 5 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 24.725 and a major resistance level at 29.885. Traders also monitor the pivot point at 27.228 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 32.982. 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 -0.655, suggesting CVE is Sell. 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 $25.16, which is above its 200-day simple moving average of 21.446. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.