Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Covenant Logistics Group, Inc. - Class A (NASDAQ:CVLG)

Weak Downtrend (-65) - CVLG is showing signs of a strengthening downtrend. Monitor CVLG as it may be building momentum to the downside.

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.

NASDAQ_CVLG
Open High Low CVLG Price Change
43.69 44.03 43.48 43.57 -0.12
Entry Signal

MarketClub’s Trade Triangles for CVLG

long term up The long-term trend has been UP since Jan 11th, 2024 at 46.72

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 44.75

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 45.22

Smart Scan Analysis for CVLG

Based on our trend formula, CVLG is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CVLG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.69 44.03 43.48 43.57 -0.12
Prev. Close Volume Bid Ask Time
43.45 54009 2024-04-18 15:59:45
52wk High57.5752wk High Date2023-08-09
52wk Low33.5852wk Low Date2023-04-26
Average Volume56,617Shares Outstanding12,947
Assets954,438,000MLiabilities551,018,000M
P/E Ratio10.8897
Get a free daily analysis and signals for Covenant Logistics Group, Inc. - Class A (CVLG) - Request Your Free Report.