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Cenovus Energy Inc. Breaks Below 200-Day Moving Average - Notable for CVE

By Energy Stock Channel Staff, Wednesday, August 22, 4:14 PM ET
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In trading on Wednesday, shares of Cenovus Energy Inc. (NYSE:CVE) crossed below their 200 day moving average of $33.20, changing hands as low as $32.99 per share. Cenovus Energy Inc. shares are currently trading down about 0.6% on the day. The chart below shows the one year performance of CVE shares, versus its 200 day moving average:

Cenovus Energy Inc. 200 Day Moving Average Chart

Looking at the chart above, CVE's low point in its 52 week range is $27.15 per share, with $39.81 as the 52 week high point — that compares with a last trade of $33.43.


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According to the ETF Finder at ETF Channel, CVE makes up 5.56% of the Guggenheim Canadian Energy Income ETF (AMEX:ENY) which is trading lower by about 0.8% on the day Wednesday.

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