Stock Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
Covenant Logistics Group, Inc. - Class A (NASDAQ:CVLG)
Sidelines Mode (+55) - CVLG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for CVLG
The long-term trend has been UP since Mar 1st, 2021 at 19.17
The intermediate-term trend has been UP since Feb 8th, 2021 at 17.28
The short-term trend has been DOWN since Apr 7th, 2021 at 20.35
Smart Scan Analysis for CVLG
Based on our trend formula, CVLG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||22.25||52wk High Date||2021-04-06|
|52wk Low||6.64||52wk Low Date||2020-04-16|
|Average Volume||83,197||Shares Outstanding||16,800|