Why Is Cenovus Energy Inc. (CVE) Stock Down Today?
Live update on CVE's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
Cenovus Energy Inc. (CVE)
Summary
Cenovus Energy Inc. (CVE) is trading down -5.27% at $28.22, reflecting a negative shift in investor sentiment today. The stock opened at $29.56 and has moved between $28.22 and $29.73 so far.
Trading volume is 6425006, which is 44% below its average, and the price action suggests selling interest.
Technically, CVE is trading above its 50-day moving average of $27.80 and above its 200-day moving average of $20.81, indicating short-term and long-term strength.
Analyst sentiment is bullish. Meyka's AI assigns CVE a grade of A (Overall strong), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -22.57% in 1 month ($21.85), -45.72% in 1 year ($15.32), and -51.00% in 5 years ($13.83).
View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
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CVE Technical Signals
Trading over 50-day moving average ($27.80)
Trading over 200-day moving average ($20.81)
Analyst Recommendations
Price Forecast
1 Month
$21.85
1 Year
$15.32
3 Years
$14.59
5 Years
$13.83
Is this change significant?
5-Day:+1.16%
1-Month:-7.31%
3-Month:+21.14%
What's next?
Next earnings date: 7/30/2025