Munafa Cenovus Energy Inc (CVE) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Cenovus Energy Inc (CVE) Indicator analysis

Cenovus Energy CVE intraday stock tips

15 Thursday January Stock tips for Cenovus Energy (CVE) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Cenovus Energy CVE gave a large move recently.

My analysis of Cenovus Energy is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Cenovus Energy stays above 17.7, but if it comes below 17.7, then a intra day sell could be more profitable.
If you take a sell trade below 17.7, then use 17.7 as stoploss and 17.14 as target. However if you take a buy trade in Cenovus Energy, then use 17.7 as stoploss and 18.5 as target.

14 Wednesday January Stock tips for Cenovus Energy (CVE) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Cenovus Energy CVE gave a large move recently.

Although my analysis for Cenovus Energy is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 18.2, for a target of 17.6 or 17.04

13 Tuesday January Stock tips for Cenovus Energy (CVE) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Cenovus Energy CVE gave a large move recently.

My analysis of Cenovus Energy is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Cenovus Energy stays above 17.3, but if it comes below 17.3, then a intra day sell could be more profitable.
If you take a sell trade below 17.3, then use 17.3 as stoploss and 16.9 as target. However if you take a buy trade in Cenovus Energy, then use 17.3 as stoploss and 17.8 as target.

12 Monday January Stock tips for Cenovus Energy Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Cenovus Energy CVE gave a large move recently.

My analysis of Cenovus Energy is bearish for shortterm, and stock might move down till 16.3 or till 15.8. Use a stoploss of 16.82 and if the stock hits stoploss, then it can shoot up till 17.3

09 Friday January Stock tips for Cenovus Energy Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Cenovus Energy CVE gave a large move recently.

My analysis of Cenovus Energy is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 16.3 as stoploss in an intra day buy trade for a target of 16.84. However, stock will show a bearish move below 16.3.

08 Thursday January Stock tips for Cenovus Energy Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Cenovus Energy CVE gave a large move recently.

My analysis of Cenovus Energy is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 16.3 as stoploss in an intra day buy trade for a target of 16.89. However, stock will show a bearish move below 16.3.

07 Wednesday January Stock tips for Cenovus Energy Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Cenovus Energy CVE gave a large move recently.

Although my analysis for Cenovus Energy is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 15.7, for a target of 16.4 or 16.94

Cenovus Energy CVE tips for tomorrow

Tomorrow's movement Prediction of Cenovus Energy CVE appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of Cenovus Energy CVE is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 16.82

Munafa value: 45

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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