Technical Analysis for CVTI - Covenant Transportation Group, Inc.

Grade Last Price % Change Price Change
grade F 14.81 -0.47% -0.07
CVTI closed down 0.47 percent on Friday, November 15, 2019, on 66 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical CVTI trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
180 Bearish Setup Bearish Swing Setup -0.47%
Lower Bollinger Band Walk Weakness -0.47%
Stochastic Reached Oversold Weakness -0.47%
Inside Day Range Contraction -0.47%
Oversold Stochastic Weakness -0.47%
Lizard Bullish Bullish Day Trade Setup -2.31%

Older signals for CVTI ...

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Profile
Covenant Transportation Group, Inc., together with its subsidiaries, offers truckload transportation and brokerage services in the continental United States. The company operates in two segments, Asset-Based Truckload Services (Truckload), and Non-Asset Based Brokerage and Ancillary Services (Solutions). The Truckload segment provides long haul, dedicated, regional solo-driver, temperature control, and regional solo-driver services. The Solutions segment offers freight brokerage services directly, as well as through freight brokerage agents; less-than-truckload consolidation services; and accounts receivable factoring services. The company serves transportation companies, such as freight forwarders, less-than-truckload carriers, and third-party logistics providers, as well as traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2012, it operated 2,884 tractors and 6,904 trailers. The company was founded in 1994 and is headquartered in Chattanooga, Tennessee.
Transportation Food Transport Brokerage Services Freight Transport Cargo Less Than Truckload Shipping Truckload Shipping Con Way Third Party Logistics Broker Freightcenter Truckload Transportation
Is CVTI a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 24.99
52 Week Low 13.265
Average Volume 118,070
200-Day Moving Average 17.4464
50-Day Moving Average 16.1958
20-Day Moving Average 15.778
10-Day Moving Average 15.318
Average True Range 0.6083
ADX 30.02
+DI 14.2027
-DI 28.7518
Chandelier Exit (Long, 3 ATRs ) 15.2951
Chandelier Exit (Short, 3 ATRs ) 16.3149
Upper Bollinger Band 17.0271
Lower Bollinger Band 14.5289
Percent B (%b) 0.11
BandWidth 15.833439
MACD Line -0.2743
MACD Signal Line -0.1632
MACD Histogram -0.1111
Fundamentals Value
Market Cap 270.83 Million
Num Shares 18.3 Million
EPS 0.56
Price-to-Earnings (P/E) Ratio 26.45
Price-to-Sales 0.77
Price-to-Book 2.22
PEG Ratio 6.84
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.22
Resistance 3 (R3) 15.26 15.16 15.15
Resistance 2 (R2) 15.16 15.06 15.14 15.13
Resistance 1 (R1) 14.99 14.99 14.94 14.95 15.11
Pivot Point 14.89 14.89 14.86 14.87 14.89
Support 1 (S1) 14.71 14.78 14.66 14.67 14.51
Support 2 (S2) 14.61 14.72 14.59 14.49
Support 3 (S3) 14.44 14.61 14.47
Support 4 (S4) 14.40