Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

Covenant Transportation Group, Inc (NASDAQ:CVTI)

Long-Term Downtrend (-90) - CVTI is in a strong downtrend that is likely to continue. While CVTI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CVTI?

MarketClub looks at technical strength and momentum to determine if the timing is right for CVTI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_CVTI
Open High Low CVTI Price Change
6.64 7.60 6.64 7.46 +0.85
Entry Signal

MarketClub’s Trade Triangles for CVTI

long term down The long-term trend has been DOWN since Nov 20th, 2019 at 13.5200

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2020 at 11.9708

short term down The short-term trend has been DOWN since Mar 27th, 2020 at 9.8300

Smart Scan Analysis for CVTI

Based on our trend formula, CVTI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CVTI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.64 7.60 6.64 7.46 +0.85
Prev. Close Volume Bid Ask Time
9.00 244257 2020-04-06 15:59:28
Year High35.1888Year High Date2018-06-13
Year Low21.39Year Low Date2018-11-28
52wk High20.9852wk High Date2019-04-24
52wk Low8.7252wk Low Date2020-03-27
Year End Close5.53Average Volume231,589
Shares Outstanding18,517Short Interest34,309
% Institutional45.8Market Cap333M
Assets881,640,000MLiabilities531,529,000M
P/E Ratio20Beta1.63
Volatility33.1
Get a free daily analysis and signals for Covenant Transportation Group, Inc (CVTI) - Request Your Free Report.