Covenant Logistics Group Stock Pattern Recognition Modified Hikkake Pattern
| CVLG Stock | USD 24.60 1.25 4.84% |
| Symbol |
Recognition |
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of one valid pattern recognition events for the selected time horizon. The Modified Hikkake pattern may be used for determining of Covenant Logistics market turning-points.
Covenant Logistics Technical Analysis Modules
Most technical analysis of Covenant Logistics help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Covenant from various momentum indicators to cycle indicators. When you analyze Covenant charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Covenant Logistics Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Covenant Logistics Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Covenant Logistics Group based on widely used predictive technical indicators. In general, we focus on analyzing Covenant Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Covenant Logistics's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Covenant Logistics's intrinsic value. In addition to deriving basic predictive indicators for Covenant Logistics, we also check how macroeconomic factors affect Covenant Logistics price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 | 2025 | 2026 (projected) | Dividend Yield | 0.009623 | 0.008084 | 0.0127 | 0.007735 | Price To Sales Ratio | 0.54 | 0.63 | 0.49 | 0.5 |
Become your own money manager
As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Did you try this?
Run Portfolio Analyzer Now
Portfolio AnalyzerPortfolio analysis module that provides access to portfolio diagnostics and optimization engine |
| All Next | Launch Module |
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Macroaxis Index Sold over 30 shares | |
 | Sector ETFs Invested over 200 shares | |
| Industrials ETFs Sold over 500 shares | |
 | ESG Investing Invested few shares | |
 | Social Domain Invested over 100 shares | |
 | Driverless Cars Invested over 100 shares | |
 | Gold and Gold Mining Invested over 200 shares | |
 | Manufacturing Invested over 500 shares | |
 | Artificial Intelligence Invested over 90 shares | |
 | SRI Sustainable Growth Invested over 60 shares |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Covenant Logistics Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Can Cargo Ground Transportation industry sustain growth momentum? Does Covenant have expansion opportunities? Factors like these will boost the valuation of Covenant Logistics. Projected growth potential of Covenant fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Covenant Logistics demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth (0.25) | Dividend Share 0.28 | Earnings Share 0.16 | Revenue Per Share | Quarterly Revenue Growth 0.065 |
The market value of Covenant Logistics is measured differently than its book value, which is the value of Covenant that is recorded on the company's balance sheet. Investors also form their own opinion of Covenant Logistics' value that differs from its market value or its book value, called intrinsic value, which is Covenant Logistics' true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Covenant Logistics' market value can be influenced by many factors that don't directly affect Covenant Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Covenant Logistics' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Covenant Logistics should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Covenant Logistics' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.