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 0.867, suggesting CVLG is Strong Buy.

Covenant Logistics Group Inc (CVLG) 20-Day simple moving average is 28.55, while Covenant Logistics Group Inc (CVLG) share price is $29.44, making it Buy.

Covenant Logistics Group Inc (CVLG) 60-Day simple moving average is 25.376, while Covenant Logistics Group Inc (CVLG) share price is $29.44, making it Buy.

Technical Analysis for CVLG

Technical Sentiment Analysis for Covenant Logistics Group Inc (CVLG) As of 2026-02-27, Covenant Logistics Group Inc (CVLG) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 9 indicators are flashing buy, while 0 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CVLG stands at 61.762, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.867, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 64.885 and the Commodity Channel Index (CCI) at 63.665 further confirm a 1.36 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CVLG is trading above its 60-day moving average of $25.376 and above its 200-day long-term moving average of $23.431. Key price levels to watch include the immediate resistance at $30.383 and strong support at $27.585. A break above $30.383 could signal a bull continuation, while falling below $27.585 may test the next Fibonacci floor at $26.185.

Covenant Logistics Group Inc (CVLG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	24.787	26.185	27.585	28.983	30.383	31.781	33.181
Fibonacci	26.185	27.254	27.914	28.983	30.051	30.712	31.781

Covenant Logistics Group Inc (CVLG) Technical Indicators

2026-02-27

Name	Value
RSI_14	61.762
STOCHk_14_3_3	64.885
STOCHd_14_3_3	53.803
CCI_20	63.665
AO_5_34	1.33
MOM_10	1.36
MACD_12_26_9	0.867

Covenant Logistics Group Inc (CVLG) Relative Strength Index (RSI) is 61.762, creating a Neutral signal.

Covenant Logistics Group Inc (CVLG) Stochastic Oscillator is 64.885, creating a Neutral signal.

Covenant Logistics Group Inc (CVLG) Stochastic RSI is 53.803, creating a Neutral signal.

Covenant Logistics Group Inc (CVLG) Commodity Channel Index (CCI) is 63.665, creating a Neutral signal.

Covenant Logistics Group Inc (CVLG) Awesome Oscillator is 1.33, creating a Buy signal.

Covenant Logistics Group Inc (CVLG) Momentum is 1.36, creating a Buy signal.

Covenant Logistics Group Inc (CVLG) MACD is 0.867, creating a Buy signal.

Covenant Logistics Group Inc (CVLG) Moving Average

2026-02-27

Period	Simple	Signal
MA_5	28.642	Buy
MA_10	28.986	Buy
MA_20	28.55	Buy
MA_60	25.376	Buy
MA_200	23.431	Buy
MA_250	23.03	Buy

Covenant Logistics Group Inc (CVLG) 5-Day simple moving average is 28.642, while Covenant Logistics Group Inc (CVLG) share price is $29.44, making it a Buy.

Covenant Logistics Group Inc (CVLG) 10-Day simple moving average is 28.986, while Covenant Logistics Group Inc (CVLG) share price is $29.44, making it a Buy.

Covenant Logistics Group Inc (CVLG) 20-Day simple moving average is 28.55, while Covenant Logistics Group Inc (CVLG) share price is $29.44, making it a Buy.

Covenant Logistics Group Inc (CVLG) 60-Day simple moving average is 25.376, while Covenant Logistics Group Inc (CVLG) share price is $29.44, making it a Buy.

Covenant Logistics Group Inc (CVLG) 200-Day simple moving average is 23.431, while Covenant Logistics Group Inc (CVLG) share price is $29.44, making it a Buy.

Covenant Logistics Group Inc (CVLG) 250-Day simple moving average is 23.03, while Covenant Logistics Group Inc (CVLG) share price is $29.44, 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 3 buy signals and 0 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 27.585 and a major resistance level at 30.383. Traders also monitor the pivot point at 28.983 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 61.762. This indicates that the stock is in neutral 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 0.867, 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 $29.44, which is above its 200-day simple moving average of 23.431. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.