CVE Makes Bullish Cross Above Critical Moving Average
In trading on Tuesday, shares of Cenovus Energy Inc. (TSX: CVE.TO ) crossed above their 200 day moving average of $20.78, changing hands as high as $21.32 per share. Cenovus Energy Inc. shares are currently trading up about 3.8% on the day. The chart below shows the one year performance of CVE shares, versus its 200 day moving average:
Looking at the chart above, CVE's low point in its 52 week range is $15.75 per share, with $29.11 as the 52 week high point - that compares with a last trade of $21.17.
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