CVLG Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Covenant Logistics Group Inc (CVLG.O) Moving Averages Convergence Divergence (MACD) indicator is 1.254, suggesting CVLG.O is Strong buy.

Covenant Logistics Group Inc (CVLG.O) 20-Day simple moving average is 26.374, while Covenant Logistics Group Inc (CVLG.O) share price is $29.11, making it Buy.

Covenant Logistics Group Inc (CVLG.O) 60-Day simple moving average is 23.118, while Covenant Logistics Group Inc (CVLG.O) share price is $29.11, making it Buy.

Technical Analysis for CVLG

Technical Sentiment Analysis for Covenant Logistics Group Inc (CVLG) As of 2026-02-06, Covenant Logistics Group Inc (CVLG) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 9 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CVLG stands at 71.719, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 1.254, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 95.534 and the Commodity Channel Index (CCI) at 194.547 further confirm a 2.52 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CVLG is trading above its 60-day moving average of $23.118 and above its 200-day long-term moving average of $22.837. Key price levels to watch include the immediate resistance at $29.629 and strong support at $23.819. A break above $29.629 could signal a bull continuation, while falling below $23.819 may test the next Fibonacci floor at $20.774.

Covenant Logistics Group Inc (CVLG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	18.009	20.774	23.819	26.584	29.629	32.394	35.439
Fibonacci	20.774	22.994	24.365	26.584	28.804	30.175	32.394

Covenant Logistics Group Inc (CVLG) Technical Indicators

2026-02-06

Name	Value
RSI_14	71.719
STOCHk_14_3_3	95.534
STOCHd_14_3_3	96.603
CCI_20	194.547
AO_5_34	2.953
MOM_10	2.52
MACD_12_26_9	1.254

Covenant Logistics Group Inc (CVLG) Relative Strength Index (RSI) is 71.719, creating a Sell signal.

Covenant Logistics Group Inc (CVLG) Stochastic Oscillator is 95.534, creating a Sell signal.

Covenant Logistics Group Inc (CVLG) Stochastic RSI is 96.603, creating a Sell signal.

Covenant Logistics Group Inc (CVLG) Commodity Channel Index (CCI) is 194.547, creating a Sell signal.

Covenant Logistics Group Inc (CVLG) Awesome Oscillator is 2.953, creating a Buy signal.

Covenant Logistics Group Inc (CVLG) Momentum is 2.52, creating a Buy signal.

Covenant Logistics Group Inc (CVLG) MACD is 1.254, creating a Buy signal.

Covenant Logistics Group Inc (CVLG) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	28.272	Buy
MA_10	26.863	Buy
MA_20	26.374	Buy
MA_60	23.118	Buy
MA_200	22.837	Buy
MA_250	22.862	Buy

Covenant Logistics Group Inc (CVLG) 5-Day simple moving average is 28.272, while Covenant Logistics Group Inc (CVLG) share price is $29.11, making it a Buy.

Covenant Logistics Group Inc (CVLG) 10-Day simple moving average is 26.863, while Covenant Logistics Group Inc (CVLG) share price is $29.11, making it a Buy.

Covenant Logistics Group Inc (CVLG) 20-Day simple moving average is 26.374, while Covenant Logistics Group Inc (CVLG) share price is $29.11, making it a Buy.

Covenant Logistics Group Inc (CVLG) 60-Day simple moving average is 23.118, while Covenant Logistics Group Inc (CVLG) share price is $29.11, making it a Buy.

Covenant Logistics Group Inc (CVLG) 200-Day simple moving average is 22.837, while Covenant Logistics Group Inc (CVLG) share price is $29.11, making it a Buy.

Covenant Logistics Group Inc (CVLG) 250-Day simple moving average is 22.862, while Covenant Logistics Group Inc (CVLG) share price is $29.11, making it a Buy.

People Also Watch

Frequently Asked Questions

What is the current technical consensus for CVLG?

The overall technical consensus for Covenant Logistics Group Inc (CVLG) is currently strong buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 4 sell signals.

What are the key support and resistance levels for Covenant Logistics Group Inc (CVLG) today?

Based on pivot point calculations, Covenant Logistics Group Inc (CVLG) has an immediate support level at 23.819 and a major resistance level at 29.629. Traders also monitor the pivot point at 26.584 to determine the intraday trend direction.

Is Covenant Logistics Group Inc (CVLG) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Covenant Logistics Group Inc (CVLG) is currently 71.719. This indicates that the stock is in overbought territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Covenant Logistics Group Inc (CVLG)?

Covenant Logistics Group Inc (CVLG) Moving Averages Convergence Divergence (MACD) indicator is 1.254, suggesting CVLG is strong buy. This indicator helps identify potential trend reversals or momentum shifts for Covenant Logistics Group Inc.

How is Covenant Logistics Group Inc (CVLG) performing relative to its 200-day moving average?

Covenant Logistics Group Inc (CVLG)is currently trading at $29.11, which is above its 200-day simple moving average of 22.837. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.