CVE Crosses Below Key Moving Average Level

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In trading on Wednesday, shares of Cenovus Energy Inc. (TSX: CVE.TO ) crossed below their 200 day moving average of $12.30, changing hands as low as $12.14 per share. Cenovus Energy Inc. shares are currently trading down about 5.4% 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 $9.025 per share, with $14.84 as the 52 week high point - that compares with a last trade of $12.10.

Click here to find out which 9 other Canadian stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Commodities

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