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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Covenant Logistics Group, Inc. Class A (NYSE:CVLG)
Countertrend Up (+85) - CVLG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 Nov 6th, 2024 at 54.50
The intermediate-term trend has been UP since Nov 6th, 2024 at 54.50
The short-term trend has been DOWN since Nov 14th, 2024 at 58.62
Smart Scan Analysis for CVLG
Based on our trend formula, CVLG is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 56.800 | 57.740 | 56.800 | 57.685 | +0.945 |
| Prev. Close | Volume | Bid | Ask | Time |
| 56.740 | 2947 | 2024-11-21 10:17:39 |
| 52wk High | 61.54 | 52wk High Date | 2024-11-13 |
| 52wk Low | 49.17 | 52wk Low Date | 2024-10-24 |
| Average Volume | 71,615 | Shares Outstanding | 13,180 |
| Assets | 100,964,500M | Liabilities | 578,093,000M |
| P/E Ratio | 18.8505 |