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) Moving Averages Convergence Divergence (MACD) indicator is 2.329, suggesting CVLG is Strong Buy.

Covenant Logistics Group Inc (CVLG) 20-Day simple moving average is 35.463, while Covenant Logistics Group Inc (CVLG) share price is $41.09, making it Buy.

Covenant Logistics Group Inc (CVLG) 60-Day simple moving average is 30.875, while Covenant Logistics Group Inc (CVLG) share price is $41.09, making it Buy.

Technical Analysis for CVLG

Technical Sentiment Analysis for Covenant Logistics Group Inc (CVLG) As of 2026-06-01, Covenant Logistics Group Inc (CVLG) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 16 technical signals, shows that 10 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CVLG stands at 82.04, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 2.329, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 96.846 and the Commodity Channel Index (CCI) at 133.634 further confirm a 6.82 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CVLG is trading above its 60-day moving average of $30.875 and above its 200-day long-term moving average of $25.672. Key price levels to watch include the immediate resistance at $41.488 and strong support at $34.518. A break above $41.488 could signal a bull continuation, while falling below $34.518 may test the next Fibonacci floor at $30.899.

Covenant Logistics Group Inc (CVLG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	27.548	30.899	34.518	37.869	41.488	44.839	48.458
Fibonacci	30.899	33.562	35.206	37.869	40.532	42.176	44.839

Covenant Logistics Group Inc (CVLG) Technical Indicators

2026-06-01

Name	Value
RSI_14	82.04
STOCHk_14_3_3	96.846
STOCHd_14_3_3	96.695
CCI_20	133.634
AO_5_34	5.487
MOM_10	6.82
MACD_12_26_9	2.329

Covenant Logistics Group Inc (CVLG) Relative Strength Index (RSI) is 82.04, creating a Sell signal.

Covenant Logistics Group Inc (CVLG) Stochastic Oscillator is 96.846, creating a Sell signal.

Covenant Logistics Group Inc (CVLG) Stochastic RSI is 96.695, creating a Sell signal.

Covenant Logistics Group Inc (CVLG) Commodity Channel Index (CCI) is 133.634, creating a Sell signal.

Covenant Logistics Group Inc (CVLG) Awesome Oscillator is 5.487, creating a Buy signal.

Covenant Logistics Group Inc (CVLG) Momentum is 6.82, creating a Buy signal.

Covenant Logistics Group Inc (CVLG) MACD is 2.329, creating a Buy signal.

Covenant Logistics Group Inc (CVLG) Moving Average

2026-06-01

Period	Simple	Signal
MA_5	39.756	Buy
MA_10	38.137	Buy
MA_20	35.463	Buy
MA_60	30.875	Buy
MA_200	25.672	Buy
MA_250	25.346	Buy

Covenant Logistics Group Inc (CVLG) 5-Day simple moving average is 39.756, while Covenant Logistics Group Inc (CVLG) share price is $41.09, making it a Buy.

Covenant Logistics Group Inc (CVLG) 10-Day simple moving average is 38.137, while Covenant Logistics Group Inc (CVLG) share price is $41.09, making it a Buy.

Covenant Logistics Group Inc (CVLG) 20-Day simple moving average is 35.463, while Covenant Logistics Group Inc (CVLG) share price is $41.09, making it a Buy.

Covenant Logistics Group Inc (CVLG) 60-Day simple moving average is 30.875, while Covenant Logistics Group Inc (CVLG) share price is $41.09, making it a Buy.

Covenant Logistics Group Inc (CVLG) 200-Day simple moving average is 25.672, while Covenant Logistics Group Inc (CVLG) share price is $41.09, making it a Buy.

Covenant Logistics Group Inc (CVLG) 250-Day simple moving average is 25.346, while Covenant Logistics Group Inc (CVLG) share price is $41.09, making it a Buy.

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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 4 buy signals and 6 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 34.518 and a major resistance level at 41.488. Traders also monitor the pivot point at 37.869 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 82.04. 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 2.329, 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 $41.09, which is above its 200-day simple moving average of 25.672. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.