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 2.183, suggesting CVLG is Strong Buy.

Covenant Logistics Group Inc (CVLG) 20-Day simple moving average is 35.092, while Covenant Logistics Group Inc (CVLG) share price is $40.57, making it Buy.

Covenant Logistics Group Inc (CVLG) 60-Day simple moving average is 30.67, while Covenant Logistics Group Inc (CVLG) share price is $40.57, making it Buy.

Technical Analysis for CVLG

Technical Sentiment Analysis for Covenant Logistics Group Inc (CVLG) As of 2026-05-29, 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 79.009, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 2.183, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 96.518 and the Commodity Channel Index (CCI) at 129.822 further confirm a 5.59 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CVLG is trading above its 60-day moving average of $30.67 and above its 200-day long-term moving average of $25.59. Key price levels to watch include the immediate resistance at $40.473 and strong support at $33.963. A break above $40.473 could signal a bull continuation, while falling below $33.963 may test the next Fibonacci floor at $30.472.

Covenant Logistics Group Inc (CVLG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	27.453	30.472	33.963	36.982	40.473	43.492	46.983
Fibonacci	30.472	32.958	34.495	36.982	39.468	41.005	43.492

Covenant Logistics Group Inc (CVLG) Technical Indicators

2026-05-29

Name	Value
RSI_14	79.009
STOCHk_14_3_3	96.518
STOCHd_14_3_3	96.281
CCI_20	129.822
AO_5_34	5.298
MOM_10	5.59
MACD_12_26_9	2.183

Covenant Logistics Group Inc (CVLG) Relative Strength Index (RSI) is 79.009, creating a Sell signal.

Covenant Logistics Group Inc (CVLG) Stochastic Oscillator is 96.518, creating a Sell signal.

Covenant Logistics Group Inc (CVLG) Stochastic RSI is 96.281, creating a Sell signal.

Covenant Logistics Group Inc (CVLG) Commodity Channel Index (CCI) is 129.822, creating a Sell signal.

Covenant Logistics Group Inc (CVLG) Awesome Oscillator is 5.298, creating a Buy signal.

Covenant Logistics Group Inc (CVLG) Momentum is 5.59, creating a Buy signal.

Covenant Logistics Group Inc (CVLG) MACD is 2.183, creating a Buy signal.

Covenant Logistics Group Inc (CVLG) Moving Average

2026-05-29

Period	Simple	Signal
MA_5	39.02	Buy
MA_10	37.455	Buy
MA_20	35.092	Buy
MA_60	30.67	Buy
MA_200	25.59	Buy
MA_250	25.272	Buy

Covenant Logistics Group Inc (CVLG) 5-Day simple moving average is 39.02, while Covenant Logistics Group Inc (CVLG) share price is $40.57, making it a Buy.

Covenant Logistics Group Inc (CVLG) 10-Day simple moving average is 37.455, while Covenant Logistics Group Inc (CVLG) share price is $40.57, making it a Buy.

Covenant Logistics Group Inc (CVLG) 20-Day simple moving average is 35.092, while Covenant Logistics Group Inc (CVLG) share price is $40.57, making it a Buy.

Covenant Logistics Group Inc (CVLG) 60-Day simple moving average is 30.67, while Covenant Logistics Group Inc (CVLG) share price is $40.57, making it a Buy.

Covenant Logistics Group Inc (CVLG) 200-Day simple moving average is 25.59, while Covenant Logistics Group Inc (CVLG) share price is $40.57, making it a Buy.

Covenant Logistics Group Inc (CVLG) 250-Day simple moving average is 25.272, while Covenant Logistics Group Inc (CVLG) share price is $40.57, 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 33.963 and a major resistance level at 40.473. Traders also monitor the pivot point at 36.982 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 79.009. 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 2.183, 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 $40.57, which is above its 200-day simple moving average of 25.59. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.