COVENANT LOGISTICS GROUP INC (CVLG)
US22284P1057 - Common Stock
Overall CVLG gets a technical rating of 1 out of 10. CVLG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the performance of all stocks over the past year, CVLG turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
CVLG is part of the Ground Transportation industry. There are 36 other stocks in this industry, CVLG did better than 45% of them.
CVLG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CVLG is lagging the market slightly.
In the last month CVLG has a been trading in the 43.03 - 46.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CVLG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 46.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.65, a Stop Loss order could be placed below this zone.
More info and screens
42.74
54.39
We found 1 important support area.
- A support zone ranging from 43.17 to 43.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 46.10 to 46.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @52.27 from a trend line in the weekly time frame.
- Resistance @53.85 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.3
Mansfield-0.99
10 Day High46.06
10 Day Low43.03
20 Day High46.95
20 Day Low43.03
52 Week High57.57
52 Week Low37.5
Performance
1 Week2.9%
2 Weeks-3.16%
1 Month-2.59%
3 Month-11.34%
6 Month15.29%
12 Month13.51%
2 Year117.67%
3 Year107.86%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)46.22
LBB42.97
UBB46.86
COVENANT LOGISTICS GROUP INC
NASDAQ:CVLG (4/25/2024, 7:00:01 PM)
After market: 44.71 0 (0%)44.71
+0.55 (+1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg1.25%
1 Week2.9%
2 Weeks-3.16%
1 Month-2.59%
3 Month-11.34%
6 Month15.29%
12 Month13.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.17
ATR(20)%2.51%
ATR Inc
Range Today1.57
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High46.06
10 Day Low43.03
20 Day High46.95
20 Day Low43.03
52 Week High57.57
52 Week Low37.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume105.60K
Volume Incr25.41%
Vol(5)76.94K
Vol(50)72.77K