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Cenovus Energy Inc

Stage 2 · Advancing · week 10

As of Oct 22, 2026, Cenovus Energy is in Stage 2, the uptrend phase, now in week 10 (since Aug 19, 2026). It closed at $32.01, 5.6% below its 52-week high and above its 200-day average, which is rising.

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. More about the company

$32.01
-4.50% today
$59.0B · Large cap
Market Neutral — Building

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

—

Momentum

Steady

Edge

—

Setup-score rank among Stage 2 peers: #1 of 15 in Oil & Gas Integrated · #1 of 120 in Energy

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Loading price chart…
Stage Cycle Timeline2023-08-16 → 2026-10-22
S3 14w
S4 37w
S2 22w
S2 24w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 1w → S2 12w → S3 6w → S4 10w → S1 5w → S2 10w → S3 14w → S4 37w → S1 8w → S2 22w → S3 2w → S2 24w → S3 5w → S2 9w current
Total tracked: 166 weeks across 14 stage runs.

CVE among Oil & Gas Integrated6th of 19 by relative strength

All 19 →
Stocks in Oil & Gas Integrated ranked by relative strength, with stage and one-month change
#StockStageRS1M
1PBRStage 2 · wk 896+21.2%
2YPFStage 2 · wk 695−8.8%
3SUStage 2 · wk 995+13.9%
4EQNRStage 2 · wk 1195+8.2%
5ECStage 2 · wk 5495+1.9%
6CVEStage 2 · wk 1094+3.0%
7EStage 2 · wk 992+8.6%
8XOMStage 2 · wk 1190+10.5%
vs 52W High
-5.6%
$15.59 lo$33.92 hi
5.6% below 52W high, pullback range
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 10
1w13w26w
Week 10, early Stage 2
How long this stock has been in Stage 2. The sweet spot is mid-run: long enough to prove the structure holds, not so long that it's extended. Very fresh moves (weeks 1–4) often need more time to confirm.
vs 200 DMA
19.3%
200 DMA: $26.82 · rising
Long-term trend anchor. When the stock and the S&P 500 are both above their 200-day averages, the backdrop supports continuation.
Rel Volume
1.16x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
→
Short-term trend flat
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+3.0%
3M
+9.8%
6M
+22.3%
YTD
+85.7%
1Y
+95.6%
Scan Membership
Breakout Watch
Latest: 2024-04-10
9 appearances in last 60 days. First seen: 2019-04-16.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S2
Wk 10 · Vol 1.16x
2026-10-21S2
Wk 9 · Vol 0.69x
2026-10-20S2
Wk 9 · Vol 0.97x
2026-10-19S2
Wk 9 · Vol 0.83x
2026-10-16S2
Wk 9 · Vol 1.10x
2026-10-15S2
Wk 9 · Vol 1.40x
2026-10-14S2
Wk 8 · Vol 0.74x
2026-10-13S2
Wk 8 · Vol 0.56x
2026-10-12S2
Wk 8 · Vol 0.40x
2026-10-09S2
Wk 8 · Vol 1.36x
2026-10-08S2
Wk 8 · Vol 1.16x
2026-10-07S2
Wk 7 · Vol 1.10x
Moving averages & range
50 DMA
$32.08
200 DMA
$26.82
52W High
$33.92
52W Low
$15.59
5D Low
$32.01
Resistance levels (recent highs)
20d High
$33.52
60d High
$33.92
120d High
$33.92
250d High
$33.92
Next resistance
+4.7%
to 20d High
P/E (TTM)
12.3
Forward 9.3
Earnings Growth (YoY)
+239.1%
Revenue +41.5%
ROE
+20.9%
Profit margin +12.4%
Dividend Yield
1.87%
P/B 2.4

Cenovus Energy: quick answers

What stage is Cenovus Energy in?

As of Oct 22, 2026, Cenovus Energy (CVE) is in Stage 2, the uptrend phase. It entered Stage 2 on Aug 19, 2026 and is in week 10. What the four stages mean

Is Cenovus Energy in an uptrend?

Yes. Cenovus Energy is in a Stage 2 uptrend. It trades 19.3% above its 200-day average, which is rising.

How far is Cenovus Energy from its 52-week high?

Cenovus Energy closed at $32.01 on Oct 22, 2026, 5.6% below its 52-week high of $33.92. Its 52-week low is $15.59.

How has Cenovus Energy performed over the past year?

As of Oct 22, 2026, Cenovus Energy is up 95.6% over the past year and up 85.7% so far in 2026.

Which sector and industry is Cenovus Energy in?

Cenovus Energy is in the Oil & Gas Integrated industry, part of the Energy sector.

About this companyEnergy· Oil & Gas Integrated

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Upstream and Downstream segments. The company is involved in the development and production of bitumen and heavy oil; owns and operates pipeline gathering systems and terminals; operation of assets rich in NGLs and natural gas in Alberta and British Columbia; and offshore operations, exploration, and development activities in the East Coast of Canada and the Asia Pacific region. It also engages in refining, such as owned and operated Lloydminster upgrading and asphalt refining complex; owns and operates the Bruderheim crude-by-rail terminal and two ethanol plants; fuels business; and refining of crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.