OLD DOMINION FREIGHT LINE (ODFL) Stock Technical Analysis
NASDAQ:ODFL - Nasdaq - US6795801009 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ODFL. ODFL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, ODFL is a bad performer in the overall market: 84% of all stocks are doing better.
ODFL is part of the Ground Transportation industry. There are 39 other stocks in this industry, of which 65% are performing better than ODFL.
ODFL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ODFL has a been trading in the 170.00 - 209.61 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ODFL has an average volume of 1597690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
The technical rating of ODFL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
172.63
226.82
When analyzing the support we can see 2 important areas.
- A support zone ranging from 177.39 to 178.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @174.37 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 190.65 to 195.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 201.25 to 208.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @224.57 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.01
Mansfield-1.46
10 Day High209.61
10 Day Low170
20 Day High209.61
20 Day Low170
52 Week High233.26
52 Week Low165.49
Performance
1 Week-12.59%
2 Weeks-7.9%
1 Month-5.82%
3 Month-18.09%
6 Month-11.47%
12 Month-18.04%
2 Year6.35%
3 Year14.89%
5 Year179.26%
10 Year592.78%
15 Year3861.29%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.76
RSI(14)36.77
LBB179.1
UBB216.3
180.4
-16.85 (-8.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-8.54%
1 Week-12.59%
2 Weeks-7.9%
1 Month-5.82%
3 Month-18.09%
6 Month-11.47%
12 Month-18.04%
2 Year6.35%
3 Year14.89%
5 Year179.26%
10 Year592.78%
15 Year3861.29%
Volatility
ATR(14)7.65
ATR(20)%3.72%
ATR Inc217.91%
Range Today27.23
ADR(20)6.06
ADR(20)%3.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.01
Mansfield-1.46
10 Day High209.61
10 Day Low170
20 Day High209.61
20 Day Low170
52 Week High233.26
52 Week Low165.49
CS1 End178.41
CR1 Start190.65
Volume & EV
DER(3)-3.48%
DER(5)-1.47%
Volume5.68M
Volume Incr40.33%
Vol(5)2.29M
Vol(50)1.60M