TOR Equity Snapshot

CVE Weekly Equity Report

Cenovus Energy Inc.

Interactive chart JSON snapshot
Latest Close 39.47 CAD 12 Jun 2026
1W Return 0.2% latest completed week
4W Return -6.9% short-term follow-through
12W Return 14.5% quarterly tape
Trend Breadth 84.6% 44 of 52 weeks active
Volume Ratio 1.1x vs 13-week average
Company Brief

What the company does

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 …

Snapshot

What the weekly tape is saying

CVE closed the latest completed week at 39.47 CAD. The 4-week return is -6.9% and the 12-week return is 14.5%. Trend Signal is active, Market Dynamics is 0.46. Setup signature: Balanced read with a 65/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 25.6%
Volume 1.1x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 92 Persistence of active Trend Signal over the last year and current streak.
Momentum 47 Blend of 4-week and 12-week follow-through.
Dynamics 54 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 100 Relative leadership and short-term RS change.
Volume 47 Participation compared with the 13-week volume baseline.
Risk Control 52 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
31.42 CAD
Vs Trend Line
25.6%
Fair Value
23.82 CAD
Vs Fair Value
65.7%
52W High
44.13 CAD
52W Low
18.03 CAD
Drawdown
-10.6%
Range Position
82.1%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W 0.2%
4W -6.9%
12W 14.5%
26W 61.3%
52W 100.3%

Trend read

Active Streak
44 weeks
52W Active Weeks
44
52W Active Breadth
84.6%
Sector Scope
CA Energy
Sector Rank
37 of 95
Sector Percentile
61.7%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
0.46
4W MD Change
-57.5%
Relative Strength
30.20
4W RS Change
-40.1%
Expectation
Undecided
Probability
53.55%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
40.6M
13W Average
35.9M
52W Average
46.0M
Vs 13W
1.1x
Vs 52W
0.9x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
6.1%
52W Volatility
4.5%
Upside Weeks
32
Downside Weeks
20
Downside Breadth
38.5%
Avg Gain / Loss
4.3% / -3.1%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
TOR
Country
CA
Sector
Energy
Industry
Oil & Gas Integrated
Currency
CAD
Market Cap
71.0B

Opportunity signals

  • Trend Signal is active with a 44-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Market Dynamics is positive on the latest completed week.

Risk signals

  • No major top-level risk cluster is currently dominant.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 39.47 CAD 0.2% 31.42 CAD 23.82 CAD 0.46 30.20 40.6M On
5 Jun 2026 39.41 CAD 3.5% 30.94 CAD 23.69 CAD 0.68 33.12 24.0M On
29 May 2026 38.06 CAD -8.2% 30.43 CAD 23.58 CAD 0.92 28.58 33.2M On
22 May 2026 41.48 CAD -2.2% 29.94 CAD 23.46 CAD 1.13 42.72 22.8M On
15 May 2026 42.41 CAD 9.2% 29.35 CAD 23.33 CAD 1.08 50.40 26.7M On
8 May 2026 38.84 CAD -2.5% 28.71 CAD 23.19 CAD 0.96 38.48 38.9M On
1 May 2026 39.82 CAD 10.8% 28.21 CAD 23.07 CAD 0.96 44.22 31.8M On
24 Apr 2026 35.95 CAD 7.2% 27.66 CAD 22.93 CAD 1.04 31.81 27.5M On
17 Apr 2026 33.55 CAD -6.3% 27.27 CAD 22.84 CAD 1.26 22.62 36.8M On
10 Apr 2026 35.80 CAD -3.1% 26.93 CAD 22.76 CAD 1.48 34.36 41.2M On
3 Apr 2026 36.93 CAD -0.8% 26.49 CAD 22.67 CAD 1.54 42.50 40.4M On
27 Mar 2026 37.23 CAD 8.0% 25.98 CAD 22.57 CAD 1.46 50.47 48.7M On
20 Mar 2026 34.48 CAD 8.3% 25.49 CAD 22.47 CAD 1.38 43.62 54.5M On
13 Mar 2026 31.85 CAD 4.1% 25.08 CAD 22.37 CAD 1.30 28.69 66.0M On