Is Covenant Logistics Group, Inc. technically bullish or bearish?
As of May 2, 2025, the trend is mildly bearish with mixed signals across time frames, indicating a cautious approach is warranted due to daily bearish indicators and some short-term strength.
As of 2 May 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook, while the monthly MACD and OBV also reflect bearish tendencies. However, the weekly MACD and KST are mildly bullish, suggesting some strength in the short term. The Bollinger Bands show a bullish signal on the weekly chart but are mildly bearish on the monthly. Overall, the mixed signals across different time frames indicate a cautious approach is warranted.
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