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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
$30.72
$0.09(0.29%)
U.S. Market opens in 59h 53m

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 bearish trend on the NYSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 29.56)
Trend Strength:Strong (ADX: 37.49)
Volatility:Medium (ATR: 1.09)
Support/Resistance:$30.46 – $34.73 (Bollinger Bands)

Technical conditions suggest Covenant Logistics Group, Inc. on the NYSE is awaiting a decisive move. Technical conditions suggest Covenant Logistics Group, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 29.56

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 9.41

Bullish
Oversold zone signals rebound potential.

Williams %R: -91.45

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -6.21

Strongly Bearish
Sharp downside momentum.

Takeaway:Covenant Logistics Group, Inc. shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -1.07

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 37.49

Strong
Strong trend, momentum well established.

ATR (14): 1.09

Low
Low volatility, stable price action.

CCI (14): -124.58

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Covenant Logistics Group, Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$34.73
Middle Band (SMA 20)
$32.60
Lower Band
$30.46
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$34.68
Middle Line (EMA 20)
$32.49
Lower Channel
$30.30
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 Volume-2.89M
Money Flow Index25.87Bearish, selling pressure outweighs inflows.
Relative Vigor Index33.00Bearish, price momentum favors sellers.

Overall Takeaway:CVLG shows bearish money flow, with sellers dominating volume and vigor.

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

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:Covenant Logistics Group, Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NYSE: CVLG) Technical Analysis FAQ