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Is CVLG positioned for a breakdown? 20 Day Moving Average Resistance shows up after declining 2.17%

Covenant Logistics Group, Inc. (CVLG) — Daily Technical Analysis & Swing Trading Signals · Sep 10, 2025, 18:04 ET
CVLG closed down 2.17% on Wednesday, September 10th, with volume running 1.2× above average. Multiple bearish signals emerged — 20 DMA Resistance and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 22.47, 21.95 & 21.17, with resistance at 23.77, 24.55 & 25.07.

Current SwingTradeBot Technical Rating of CVLG: F

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Covenant Logistics Group, Inc. (CVLG)