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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Covenant Logistics Group, Inc. - Class A (NASDAQ:CVLG)
Long-Term Uptrend (+90) - CVLG is in a strong uptrend that is likely to continue. While CVLG is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CVLG?
MarketClub looks at technical strength and momentum to determine if the timing is right for CVLG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CVLG
The long-term trend has been UP since Jan 11th, 2024 at 46.72
The intermediate-term trend has been UP since May 9th, 2024 at 46.19
The short-term trend has been UP since Jul 24th, 2024 at 51.81
Smart Scan Analysis for CVLG
Based on our trend formula, CVLG is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 56.00 | 56.89 | 55.21 | 56.15 | +1.20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 54.95 | 114787 | 2024-07-26 15:59:54 |
| 52wk High | 57.57 | 52wk High Date | 2023-08-09 |
| 52wk Low | 38.2514 | 52wk Low Date | 2023-11-09 |
| Average Volume | 58,380 | Shares Outstanding | 13,114 |
| Assets | 943,431,000M | Liabilities | 536,184,000M |
| P/E Ratio | 17.7832 |