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Stock Trend Analysis Report

Prepared for you on Tuesday, September 27, 2022.

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
27.52 29.23 27.15 27.98 +0.03
Entry Signal

MarketClub’s Trade Triangles for CVLG

long term up The long-term trend has been UP since Jun 7th, 2022 at 24.52

intermediate term down The intermediate-term trend has been DOWN since Aug 29th, 2022 at 31.50

short term down The short-term trend has been DOWN since Sep 23rd, 2022 at 27.77

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
27.52 29.23 27.15 27.98 +0.03
Prev. Close Volume Bid Ask Time
28.01 135421 2022-09-26 15:59:57
52wk High34.796752wk High Date2022-07-27
52wk Low17.2352wk Low Date2022-04-14
Average Volume131,337Shares Outstanding14,453
Assets701,018,000MLiabilities344,987,000M
P/E Ratio5.7041
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