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.
MarketClub’s Trade Triangles for CVLG
The long-term trend has been UP since Jun 7th, 2022 at 24.52
The intermediate-term trend has been DOWN since Aug 29th, 2022 at 31.50
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).
|52wk High||34.7967||52wk High Date||2022-07-27|
|52wk Low||17.23||52wk Low Date||2022-04-14|
|Average Volume||131,337||Shares Outstanding||14,453|