
CVLG Stock Price Prediction
Covenant Logistics Group Inc
- Overview
- Forecast
- Valuation
Should I Buy Covenant Logistics Group Inc Stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. CVLG has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.
CVLG stock price ended at $23.35 on Monday, after rising 0.52%
The Covenant Logistics Group Inc stock price increased by 0.52% on the last trading day (19 May 2025), rising from 22.8 to 23.35. Throughout the last trading session, the stock experienced a fluctuation of 2.54% , ranging from a day low of $22.8 to a day high of 23.38. The price has declined in 3 of the last 10 days, resulting in a total change of 13.51% during this period. On the last day, trading volume decrease by -16.30K shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 161.78K shares were traded, amounting to approximately 3.76M.
CVLG Technical Signals
CVLG(Covenant Logistics Group Inc Corp) has 4 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-05-07. The total price change during this trend is +14.40%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of CVLG over the last 5 trading days is 3.35M. Overall, the technical indicator signals lean more toward a Neutral outlook in the mid-term.
CVLG Moving Average Analysis
Covenant Logistics Group Inc's overall moving average trend leans more bullish as of Tuesday, May 20, 2025, with 2 negative signals and 2 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $24.070760000000003, and $25.339000000000002. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $19.96724, and $18.699. A break-down below any of these levels will issue sell signals.
CVLG Short Selling Analysis
The short sale ratio of Covenant Logistics Group Inc(CVLG) as of 16 May 2025 is 15.31%, rising from last trading day. With increasing price from 23.38 to 23.23. The short sell activity indicate that short sellers may be anticipating further declines.
Technical Signal
Technical Signals Summary

Neutral
Sell
4
Buy
4
Moving Average
Swing

Stock Price Above SMA_5
Short Term

SMA_5 Above SMA_20
Mid Term

SMA_20 Below SMA_60
Long Term

SMA_60 Below SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
4 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
2.703
Bullish
Momentum (10 days)
MOM_10 > 0
2.78
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.68
Bullish
Closing price
close > fibonacci_R1
23.35
Bullish
4 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
Indicators
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 > 80
95.073
Bearish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 > 100
113.186
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 80
96.324
Bearish
Williams %R (14 days)
WILLR_14 > -20
-5.442
Bearish
CVLG Price Prediction & Forecast by Similar Chart Analysis
Based on historical patterns and backtesting of stocks with similar movements to Covenant Logistics Group Inc(CVLG), our algorithm predicts CVLG's 1-month price at $19.49, with an -16.08%downwardshift. Using a similarity score up to 97.22%and other factors, This forecast updates weekly, adjusting for significant deviations.
Similar Chart
The price prediction chart for Covenant Logistics Group Inc (CVLG.O) stock, as of Sunday, May 18, 2025 , forecasts a -16.08% change over the next month, based on its high correlation with ITP.A stock patterns. The similarity between their price movements over the analyzed periods is 97.22%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

CVLG
Future prediction
Up: -16.08%

ITP
Down: -16.08%Similarity: 97.22%
Name
Similarity
Up/Down

ITP.A
97.22%
-16.08%
CVLG Seasonality Analysis
Based on CVLG's historical stock price data across all years, the probability of a positive return in May is72.73%, suggesting it maybe an ideal month to invest in CVLG. In contrast,Julyoffers the highest probability of positive returns at80.00%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Monthly Seasonality
The radar chart shows that buying Covenant Logistics Group Inc (CVLG.O) stock in July has the highest probability of a positive return (80.00%), while December has the lowest probability (20.00%).
Performance Seasonality
The chart shows Covenant Logistics Group Inc. (CVLG)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
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FAQ

Should I buy Covenant Logistics Group Inc (CVLG.O) stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. CVLG has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.

Which months have the highest win rate for buying Covenant Logistics Group Inc (CVLG.O) stock in a year?

How has Covenant Logistics Group Inc. (CVLG)'s stock price performed over the past three years?

Which bull technical signals does CVLG have?

Which bearish technical signals does CVLG have?

Is CVLG a buy based on overall technical signals summary?

What is the trend of Covenant Logistics Group Inc (CVLG)'s moving average?

What is price prediction for CVLG stock next month?

What is price prediction 2025 for CVLG Stock?
