COVENANT LOGISTICS GROUP INC (CVLG) Stock Technical Analysis
NYSE:CVLG - New York Stock Exchange, Inc. - US22284P1057 - Common Stock - Currency: USD
Taking everything into account, CVLG scores 0 out of 10 in our technical rating. CVLG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
73% of all other stocks performed better in the past year than CVLG.
In the last month CVLG has a been trading in the 24.99 - 29.47 range, which is quite wide. It is currently trading near the lows of this range.
CVLG is one of the better performing stocks in the Ground Transportation industry, it outperforms 71% of 39 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
CVLG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CVLG is lagging the market.
The technical rating of CVLG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
24.88
29.69
We found 2 important support areas.
- A support zone ranging from 25.54 to 25.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.13 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 26.59 to 27.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.68 to 29.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.49
Mansfield-0.69
10 Day High27.61
10 Day Low24.99
20 Day High29.47
20 Day Low24.99
52 Week High30.77
52 Week Low21.52
Performance
1 Week-4.13%
2 Weeks-7.7%
1 Month-11.74%
3 Month-11.55%
6 Month-5.07%
12 Month-0.99%
2 Year47.47%
3 Year127.01%
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)-0.17
RSI(14)34.99
LBB25.69
UBB28
25.55
-0.53 (-2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-2.03%
1 Week-4.13%
2 Weeks-7.7%
1 Month-11.74%
3 Month-11.55%
6 Month-5.07%
12 Month-0.99%
2 Year47.47%
3 Year127.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%3.13%
ATR Inc63.86%
Range Today1.43
ADR(20)0.73
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.49
Mansfield-0.69
10 Day High27.61
10 Day Low24.99
20 Day High29.47
20 Day Low24.99
52 Week High30.77
52 Week Low21.52
CS1 End25.54
CR1 Start26.59
Volume & EV
DER(3)2.51%
DER(5)1.88%
Volume73.10K
Volume Incr-46.07%
Vol(5)59.40K
Vol(50)83.11K