tiprankstipranks
Covenant Logistics Group (CVLG)
NASDAQ:CVLG

Covenant Logistics Group (CVLG) Technical Analysis

186 Followers

Technical Sentiment

Overall Consensus
Buy
13Bullish
6Neutral
3Bearish
Technical Analysis Consensus
Buy
3Bullish
6Neutral
1Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
Covenant Logistics Group’s (CVLG) Moving Averages Convergence Divergence (MACD) indicator is 0.92, suggesting Covenant Logistics Group is a Sell.
Covenant Logistics Group’s (CVLG) 20-Day exponential moving average is 49.53, while Covenant Logistics Group’s (CVLG) share price is $50.77, making it a Buy.
Covenant Logistics Group’s (CVLG) 50-Day exponential moving average is 48.29, while Covenant Logistics Group’s (CVLG) share price is $50.77, making it a Buy.

Covenant Logistics Group (CVLG) Pivot Points

Jul 22, 2024, 07:30 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
48.50
49.46
49.99
50.95
51.48
52.44
52.97
Fibonacci
49.46
50.03
50.38
50.95
51.52
51.87
52.44
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Covenant Logistics Group (CVLG) Moving Averages

Jul 22, 2024, 07:30 PM
Period
Simple
Exponential
MA5
51.20Sell
50.78Sell
MA10
50.01Buy
50.29Buy
MA20
49.27Buy
49.53Buy
MA50
47.96Buy
48.29Buy
MA100
46.72Buy
47.52Buy
MA200
45.83Buy
46.88Buy
Covenant Logistics Group’s (CVLG) 10-Day exponential moving average is 50.29, while Covenant Logistics Group’s (CVLG) share price is $50.77, making it a Buy.
Covenant Logistics Group’s (CVLG) 100-Day exponential moving average is 47.52, while Covenant Logistics Group’s (CVLG) share price is $50.77, making it a Buy.
Covenant Logistics Group’s (CVLG) stock price is $50.77 and Covenant Logistics Group’s (CVLG) 50-day simple moving average is 47.96, creating a Buy signal.
Covenant Logistics Group’s (CVLG) stock price is $50.77 and Covenant Logistics Group’s (CVLG) 100-day simple moving average is 46.72, creating a Buy signal.
Covenant Logistics Group’s (CVLG) stock price is $50.77 and Covenant Logistics Group’s (CVLG) 200-day simple moving average is 45.83, creating a Buy signal.

Covenant Logistics Group (CVLG) Technical Indicators

Jul 22, 2024, 07:30 PM
Name
Value
Implied Action
RSI (14)
59.51
Neutral
STOCH (9,6)
75.05
Neutral
STOCHRSI (14)
75.05
Neutral
MACD (12,26)
0.92
Sell
ADX (14)
23.90
Neutral
Williams %R
-31.24
Buy
CCI (14)
75.35
Neutral
ATR (14)
1.13
-
Ultimate Oscillator
58.09
Neutral
ROC
2.86
Buy
Covenant Logistics Group’s (CVLG) Relative Strength Index (RSI) is 59.51, creating a Neutral signal.
Covenant Logistics Group’s (CVLG) Trend Strength Indicator (ADX) is 23.90, creating a Neutral signal.
Covenant Logistics Group’s (CVLG) Commodity Channel Index (CCI) is 75.35, creating a Neutral signal.
Covenant Logistics Group’s (CVLG) Price Rate of Change (ROC) is 2.86, creating a Buy signal.

FAQ

Is CVLG a Buy, Hold, or Sell?
Based on CVLG’s technical indicators, CVLG is a Buy.
    What is CVLG’s RSI (14)?
    CVLG’s RSI (14) is 59.51, which suggests CVLG is a Neutral.
      What is CVLG’s MACD?
      CVLG’s MACD is 0.92, which suggests CVLG is a Sell.
        What is CVLG’s 5-day moving average?
        CVLG’s 5-day moving average is 51.20, which suggests CVLG is a Sell.
          What is CVLG’s 20-day moving average?
          CVLG 20-day moving average is 49.27, which suggests CVLG is a Buy.
            What is CVLG’s 50-day moving average?
            CVLG’s 50-day moving average is 47.96, which suggests CVLG is a Buy.
              What is CVLG’s 200-day moving average?
              CVLG’s 200-day moving average is 45.83, which suggests CVLG is a Buy.
                What is CVLG’s Williams % R (14)?
                CVLG’s Williams % R (14) is -31.24, which suggests CVLG is a Buy.
                  What is CVLG’s CCI (14)?
                  CVLG’s CCI (14) is 75.35, which suggests CVLG is a Neutral.
                    What's Included in PREMIUM?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis