Covenant Logistics Group Inc (CVLG) Technical Analysis

$21.03▲-0.71%

Market is closed - opens 7 PM, 12 May 2025

Insights

Covenant Logistics Group is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Covenant Logistics Group stock suggests that it is range bound and no decision can be made based on this information
Based on analysis of the Moving Averages technical indicator, Covenant Logistics Group stock is Range bound.
Based on analysis of the Pivot Points, the current market trend for Covenant Logistics Group stock suggests that it is a good time to sell or bad time to initiate a fresh position

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	53.95	Neutral
Stochastic	88.92, 87.51	Neutral
Ultimate Oscillator	54.91	Neutral
Stochastic Relative Strength Index	92.3, 89.38	Neutral
Moving Average Convergence Divergence	-0.11, -0.44	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	20.41	Buy
20	19.71	Sell
50	21.47	Sell

Exponential Moving Average

Period (Days)	Value	Action
10	20.46	Buy
20	20.34	Sell
50	21.57	Sell

Volume Weighted Moving Average

Period (Days)	Value	Action
10	20.29	Neutral
20	19.42	Buy
50	20.71	Neutral

Double Exponential Moving Average

Period (Days)	Value	Action
10	20.86	Buy
20	20.04	Buy
50	19.25	Sell

Triple Exponential Moving Average

Period (Days)	Value	Action
10	21.16	Buy
20	20.77	Buy
50	19.03	Buy

Pivot

Pivot	Value
Resistance L3	22.33
Resistance L2	21.87
Resistance L1	21.52
Pivot Point	21.06
Support L1	20.71
Support L2	20.25
Support L3	19.9

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.