Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, July 15, 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.

NASDAQ_CVLG
Open High Low CVLG Price Change
50.370 50.755 49.760 49.870 +0.030
Entry Signal

MarketClub’s Trade Triangles for CVLG

long term up The long-term trend has been UP since Jan 11th, 2024 at 46.720

intermediate term up The intermediate-term trend has been UP since May 9th, 2024 at 46.190

short term up The short-term trend has been UP since Jul 11th, 2024 at 48.465

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).

+90
Smart Scan Analysis for CVLG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.370 50.755 49.760 49.870 +0.030
Prev. Close Volume Bid Ask Time
49.920 34811 2024-07-12 15:58:48
52wk High57.5752wk High Date2023-08-09
52wk Low38.251452wk Low Date2023-11-09
Average Volume50,332Shares Outstanding13,114
Assets943,431,000MLiabilities536,184,000M
P/E Ratio16.1294
Get a free daily analysis and signals for Covenant Logistics Group, Inc. - Class A (CVLG) - Request Your Free Report.