Weekly Chart PackCompleted weekly market data ยท Independent research
NYSE ยท Equity ยท United States
CVE
Cenovus Energy Inc
EnergyOil & Gas Integrated
Cenovus Energy Inc., develops, produces and markets crude oil, natural gas liquids and natural gas in Canada, the United States and the Asia Pacific region. The company is headquartered in Calgary, Canada.
Last updated
21 Aug 2026
Exchange
NYSE ยท NYSE
Sector
Energy
Industry
Oil & Gas Integrated
Currency
USD
Market capitalisation
59,329,358,273
Fair value reference
17.97
Next-week expectancy
Positive ยท 56.13%
Executive chart read
Over the latest 12 completed weeks ending 2026-08-21, CVE rose 17.37%, moving from 28.06 to 32.93. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is active on the latest week and was active in 12 of the last 12 weeks. Relative Strength is 34.77 and has improved across the 12-week window. Market Dynamics is -0.02 on the latest week. Next-week expectancy is positive at 56.13% based on similar historical setup states.
Week Ending
21 Aug 2026
Latest Close
32.93
12-Week Change
17.37%
Trend Signal
Active
Next-Week Expectancy
Positive 56.13%
Signal Weeks
12 of 12
Weekly Price
Weekly Close
Trend Line
Fair Value
Activity Lines
Chart Panels
Choose up to 5 panels. Drag panel headers to reorder.
Auction Intelligence
Sharemaestro market acceptance
Auction Intelligence
Where the market has accepted value, how that value is moving, and which price pathways remain structurally open.
Current auction stateHigher value accepted
The recent auction has built a higher acceptance centre and price is currently above established three-year value.
Price location
Above accepted value
Accepted value
Higher
Persistence
30 weeks
Auction runway
More open above
Accepted value13.28โ19.17
Principal three-year auction range
Rolling market memory and the nearest established acceptance above and below the current price.
Is market memory moving?
Accepted-value migration
Each column is a rolling one-year auction. Brighter areas show stronger price acceptance.
Where is the next market memory?
Auction runway
The upside is in price discovery while established market memory remains below.
AboveOpen discoveryNo established acceptance shelf is visible in this direction inside the three-year range.
Below16.47Established market memory sits 50.0% below the latest close.
Decision map
What would confirm or challenge the current interpretation?
Sustained weekly closes above19.17
Higher-value acceptance
Holding above this boundary while the acceptance centre rises would strengthen the higher-value interpretation.
Primary market-memory magnet16.47
Rotation toward value
This is the centre of the three-year auction and the principal reference if price rotates back through value.
Sustained weekly closes below13.28
Lower-value acceptance
Holding below this boundary while the acceptance centre falls would strengthen the lower-value interpretation.
Decision context
Structural references and cross-signal agreement
The closest market-memory levels, the evidence that agrees or disagrees, and the limits of the current interpretation.
Market memory
Nearest structural nodes
These are historical acceptance references, not live resting orders.
Low-acceptance corridorHistorically limited acceptance makes this a potential fast-travel area.
26.77
-18.7%
Low-acceptance corridorHistorically limited acceptance makes this a potential fast-travel area.
23.83
-27.6%
Low-acceptance corridorHistorically limited acceptance makes this a potential fast-travel area.
20.89
-36.6%
Acceptance shelfRepeated historical activity makes this a market-memory shelf.
16.47
-50.0%
Acceptance shelfRepeated historical activity makes this a market-memory shelf.
14.51
-56.0%
Cross-signal agreement
Does the wider Sharemaestro picture agree?
Agreement strengthens context; disagreement identifies where the thesis is vulnerable.
Auction locationShows where the latest close sits relative to established accepted value.Above accepted value
Accepted-value migrationCompares the recent acceptance centre with the preceding one-year auction.Higher
30-week trendThe latest close is 25.4% above the trend line.Price above
Fair-value positionMarket price is 83.3% above the current fair-value reference.Above
Point & Figure structureConfirms whether reversal structure agrees with the current auction direction.Upside breakout
Earnings repricingShows whether accepted market value is developing with or against the earnings relationship.Confirmed compounding
Higher value accepted
The recent auction has built a higher acceptance centre and price is currently above established three-year value.
More open above
The upside is in price discovery while established market memory remains below.
Established market memory
The three-year acceptance centre at 16.47 remains the dominant rotational reference.
Security-specific analogues
How comparable auction states resolved
Fewer than four non-overlapping comparable episodes exist in the visible history.
2 comparable non-overlapping episodes are visible; at least four are required before outcomes are summarised.
Price Action
Completed weekly market tape
Price Action
A deep view of how price is behaving against its own completed history, trend, structural levels and participation.
Current weekly interpretationFresh upside break with constructive close
The latest close finished above the recent completed price structure. Price is above its completed-week trend reference and that reference is rising.
Full context ยท Orderly and confirmed
Current structureFresh upside break
The latest close finished above the recent completed price structure.
Trend relationshipAbove a rising trend
Price is above its completed-week trend reference and that reference is rising.
Support and resistanceSupport 31.89 ยท Resistance 31.89
Nearest completed structural references around the latest close.
Participation qualityNormal participation
Participation was broadly consistent with the market's completed recent history.
Price, structure and participation
Where price advanced, failed, reclaimed or lost important ground
Candles preserve the completed weekly tape. Selected annotations identify meaningful finished events and point directly to the week concerned.
Up weekDown weekTrend referenceCompleted supportCompleted resistanceVolumeTypical volumePublished event
What happened this week?
The latest completed candle
The latest week is separated into price change, candle character, closing position and path quality.
Weekly move+6.19%
Latest close versus the preceding completed close.
Candle characterConstructive close
Price advanced and finished in the upper part of the completed weekly range.
Where the week closedUpper part of the range
The close finished at 78% of the completed weekly range.
Path qualityOrderly and confirmed
Recent swings and the longer trend relationship agree with comparatively steady follow-through.
Current evaluation
What the weekly tape says now
The interpretation combines completed price structure, trend relationship, participation and path quality.
What supports it
The latest close finished above the recent completed price structure.
What would improve it
A sustained close above the nearest completed resistance, supported by firmer participation, would improve confirmation.
What could weaken it
A sustained loss of the nearest completed support would materially weaken the current price structure.
What to watch next
Trend relationship is above a rising trend; participation is normal participation, and path quality is orderly and confirmed.
Statistical perspective
Where the latest close sits in its own completed history
These observations describe the available record. They are market context, not predictions of the next move.
Position in completed history100% of range
The latest close's location between the lowest and highest completed closes available for this market.
Distance from completed high+0.0%
How far the latest close sits below the highest completed close in the available history.
Recovery from completed low+2156.2%
How far the latest close has advanced from the lowest completed close in the available history.
Latest move versus typical1.6ร typical
The absolute latest weekly move compared with completed weekly moves available before it.
Completed event history
What changed, and when
Only selected completed events are shown. Each annotation is descriptive, not a standalone instruction.
Upside structure cleared
The weekly close moved above the preceding completed price structure.
Latest week
High-participation reversal
Price changed weekly direction with elevated participation.
23 weeks ago
Range
Sharemaestro Range
Where price is trading
The fitted range, accepted trading area and strongest price levels are calculated automatically from completed weekly market data.
Current stateAbove accepted value
52-week position
97.4%
Low to high
Accepted price
16.62
Latest versus accepted: 98.18%
Fitted direction
Rising
1.04% per week
Range pressure
84/100
Upper pressure
Range condition
Normal
1.19ร normal range
Range pressureCurrent range pressure ยท 50 is balanced
Weekly closeFitted rangeActivity ribbonEstimated activity at priceAutomatic level
Automatic structure
Strongest price levels
Support13.09
From price
-60.3%
Evidence
81/100
Touches
5
Support16.44
From price
-50.1%
Evidence
100/100
Touches
6
Support31.89
From price
-3.2%
Evidence
25/100
Touches
1
Current reading
What the range shows
Current positionAbove accepted value
Price is at 97.4% of its latest 52-week range.
Fitted directionRising
The fitted centre line is moving +1.04% per week.
Range pressureUpper pressure
The current pressure reading is 84/100; 50 is balanced.
Point & Figure
Price structure ยท volume at price
Point & Figure market structure
Each X marks a rising price box and each O marks a falling price box. Time is removed from the horizontal scale so reversals, breakouts and areas of heavy trading stand out.
MethodAdaptive scale
Smart Money
Completed-week positioning evidence
Smart Money
See whether the support beneath price is strengthening, weakening, confirming the trend or warning of increased risk.
Current Smart Money readSupport is under active pressure
The current Smart Money structure carries a recent reversal warning, so confirmation matters more than momentum alone.
Momentum 0.79 ยท Holding steady
Trend qualityStrong alignment
The current trend state has persisted for 55 completed weeks; visible confirmation is strong alignment.
Momentum pathStrong ยท Holding steady
The latest completed-week level and direction.
Latest positive signalNo recent positive signal
The chart is carrying context rather than a fresh positive event marker.
Risk and warningsHigh
A reversal risk marker appeared this week; the current advance has less room for error.
Price, support and published events
Where confirmation strengthened or risk increased
Selected annotations highlight meaningful completed-week events; every existing chart series and marker remains visible.
Close Price
Trend Line
Demand Threshold Line
Reversal Risk Level
Current evaluation
What the Smart Money chart means now
The reading combines the finished chart state, its direction and the timing of published signals.
What supports it
The current trend relationship and completed-week context are broadly aligned.
What would improve it
Continued alignment without a new warning would reinforce the current constructive position.
What could weaken it
A reversal risk marker appeared this week; the current advance has less room for error.
Published signal history
What changed, and when
Event markers are observations, not standalone instructions to buy or sell.
Reversal risk
The chart registered elevated reversal risk.
Latest week
Reversal danger
The chart registered its strongest reversal warning.
2 weeks ago
Reversal risk
The chart registered elevated reversal risk.
3 weeks ago
Reversal risk
The chart registered elevated reversal risk.
4 weeks ago
Reversal danger
The chart registered its strongest reversal warning.
15 weeks ago
Market Dynamics
Price and underlying support
Market Dynamics
See whether the support beneath price is strengthening, weakening, confirming the move or beginning to diverge from it.
Pressure holding above 60 while the VWAP stack rises would strengthen the existing buyer-control evidence.
Decision area29.97
Latest earnings VWAP at 29.97, 9.0% below the latest close.
Weakening level29.97
A completed close below Latest earnings VWAP with acceptance moving under 50% would weaken the present structure.
Current VWAP stack
Volume-weighted price levels
Latest earnings VWAP29.97
-9.00% from close
Swing low28.87
-12.32% from close
13-week VWAP27.89
-15.32% from close
26-week VWAP26.25
-20.28% from close
Year VWAP24.18
-26.57% from close
High-activity anchor21.65
-34.27% from close
52-week VWAP21.07
-36.02% from close
Estimated activity position
Activity above and below price
Below price 100%Above price 0%
1%near price
Most recent weighted activity is below price, leaving a larger estimated cushion beneath the market.
Estimated from completed weekly typical prices and reported activity; it is not holder-level cost-basis data.
Benchmark, sector and industry
VWAP control comparison
Sector and industry comparisons require at least ten constituents with aligned completed history.
Benchmark ยท SPYBroadly aligned with reference
Broadly aligned with reference; control-score gap +8.2 points.
Buyers firmly in control ยท 82/100
Sector ยท EnergyStronger control than reference
Stronger control than reference; control-score gap +10.1 points.
Buyers firmly in control ยท 80/100
Industry ยท Oil & Gas IntegratedStronger control than reference
Stronger control than reference; control-score gap +38.2 points.
Control is contested ยท 52/100
Historical VWAP outcomes
Reclaims, losses and similar states
Descriptive outcomes from this ticker's visible historyโnot a forecast.
Weekly reclaim75% favourable
Events
4
Median 4w
+6.21%
Median 13w
+16.31%
Typical best
+17.84%
Typical worst
-4.09%
Completed occasions when price moved back above the core VWAP.
Weekly loss67% favourable
Events
3
Median 4w
+3.69%
Median 13w
-11.64%
Typical best
+9.68%
Typical worst
-11.64%
Completed occasions when price moved below the core VWAP.
Comparable control states38 matched weeks
Positive after 4w
63%
Median 4w
+5.27%
Positive after 13w
87%
Median 13w
+15.23%
Best / worst 13w
+52.5% / -7.0%
Outcomes after completed weeks with a similar control score and the same side of the core VWAP.
VWAP control history
Completed changes
Core VWAP reclaimed
Price completed the week back above the core VWAP.
Core VWAP lost
Price completed the week below the core VWAP.
Buyer pressure established
The completed control reading moved into positive territory.
VWAP structure turned higher
The fast VWAP crossed above the core VWAP.
Buyer pressure established
The completed control reading moved into positive territory.
Core VWAP test held
Price traded through the core VWAP but recovered above it by the completed close.
Core VWAP reclaimed
Price completed the week back above the core VWAP.
VWAP reclaim rejected
Price tested above the core VWAP but completed the week back below it.
Next-State Map
Next-State Map
Historical one-week transition paths from similar completed-week states.
SMI
Proprietary completed-week evidence
SMI
See whether the underlying conditions beneath price are strengthening, weakening or holding firm.
Current SMI readUnderlying support is constructive, with early moderation
Price remains firm while the SMI path has softened. The latest reading is based on completed weekly evidence.
0.61 ยท Constructive
Current stateConstructive ยท 0.61
Latest completed-week SMI reading
DirectionWeakening
How the completed SMI path is changing
PersistenceDeveloping
7 completed weeks in the current state
Price relationshipPrice ahead of support
Price remains firm while the SMI path has softened.
Price and SMI transitions
Where underlying support changed
Annotations identify selected completed SMI state changes.
Weekly CloseTrend LineFair ValueActivity Lines
SMI pathDirection, persistence and turning points
SMI 0.61 ยท Constructive
ImprovingHolding steadyWeakening
SMI in context
Comparable SMI states have carried a positive historical bias
Across 40 comparable completed observations, 77.5% closed higher after 13 weeks. The median move was +24.1%.
Comparable observations
40
Completed historical readings
Positive outcomes
77.5%
After 13 completed weeks
Median move
+24.1%
Over the following 13 weeks
Versus normal baseline
+16.0 pts
Difference in positive outcome rate
Chart Summary
Key Points
Week Ending
21 Aug 2026
Latest Close
32.93
12-Week Change
17.37%
Trend Signal
Active
Next-Week Expectancy
Positive 56.13%
Signal Weeks
12 of 12
Vs Trend Line
Above
Vs Fair Value
Above
Relative Strength
34.77
Market Dynamics
-0.02
Over the latest 12 completed weeks ending 2026-08-21, CVE rose 17.37%, moving from 28.06 to 32.93. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is active on the latest week and was active in 12 of the last 12 weeks. Relative Strength is 34.77 and has improved across the 12-week window. Market Dynamics is -0.02 on the latest week. Next-week expectancy is positive at 56.13% based on similar historical setup states.
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