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Covenant Logistics Group, Inc.

CVLG Technical Analysis Summary (NYSE)

Analyze CVLG on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CVLG●NYSE
IndustrialsTrucking
$43.98
$2.77(5.93%)
U.S. Market is Open · 15:49

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CVLG Technical Analysis Summary (NYSE)

Covenant Logistics Group, Inc. (NYSE: CVLG) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.47)
Trend Strength:Strong (ADX: 33.36)
Volatility:Medium (ATR: 1.94)
Support/Resistance:$42.77 – $49.75 (Bollinger Bands)

Technical conditions suggest Covenant Logistics Group, Inc. on the NYSE is awaiting a decisive move. This mix signals that Covenant Logistics Group, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 46.47

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 46.94

Neutral
Mid-range signal with no clear trend.

Williams %R: -84.92

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 1.25

Bullish
Steady upward momentum.

Takeaway:Covenant Logistics Group, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.19

Bullish
Bullish, trend momentum is strengthening.

ADX: 33.36

Strong
Strong trend, momentum well established.

ATR (14): 1.94

Low
Low volatility, stable price action.

CCI (14): -111.27

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Covenant Logistics Group, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$49.75
Middle Band (SMA 20)
$46.26
Lower Band
$42.77
Current Position
Within Bands

Takeaway:Covenant Logistics Group, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$50.14
Middle Line (EMA 20)
$46.26
Lower Channel
$42.38
Squeeze Status
Squeeze On

Takeaway:Covenant Logistics Group, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume3.82M
Money Flow Index53.96Neutral, balanced money flows with no clear signal.
Relative Vigor Index35.42Bearish, price momentum favors sellers.

Overall Takeaway:CVLG shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Covenant Logistics Group, Inc. (NYSE: CVLG), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Covenant Logistics Group, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: CVLG) Technical Analysis FAQ