Covenant Logistics Group Inc logo

Covenant Logistics Group Inc (CVLG) Technical Analysis

$59.361.66%

Market is closed - opens 8 PM, 12 Dec 2024

Insights

  • Covenant Logistics Group is currently in a favorable trading position ( BUY ) 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 in a uptrend ↗️
  • Based on analysis of the Pivot Points, the current market trend for Covenant Logistics Group stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name

Value

Action

Relative Strength Index
62.2
Sell
Stochastic
77.16, 64.77
Neutral
Ultimate Oscillator
52.29
Neutral
Stochastic Relative Strength Index
64.43, 37.67
Neutral
Moving Average Convergence Divergence
0.83, 0.94
Sell

Moving Averages

Simple Moving Average

Period (Days)

Value

Action

10
57.89
Sell
20
57.97
Buy
50
54.93
Buy

Exponential Moving Average

Period (Days)

Value

Action

10
58.02
Buy
20
57.49
Buy
50
55.78
Buy

Volume Weighted Moving Average

Period (Days)

Value

Action

10
57.97
Neutral
20
58.25
Neutral
50
55.24
Buy

Double Exponential Moving Average

Period (Days)

Value

Action

10
58.4
Sell
20
58.7
Buy
50
57.96
Buy

Triple Exponential Moving Average

Period (Days)

Value

Action

10
58.4
Sell
20
58.51
Sell
50
58.92
Buy

Pivot

Pivot

Value

Resistance L3
60.81
Resistance L2
59.87
Resistance L1
59.13
Pivot Point
58.18
Support L1
57.44
Support L2
56.5
Support L3
55.76

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