OLD DOMINION FREIGHT LINE (ODFL) Stock Technical Analysis
USA - NASDAQ:ODFL - US6795801009 - Common Stock
140.43 USD
-0.63 (-0.45%)
140.43 USD
0 (0%)
Overall ODFL gets a technical rating of 0 out of 10. ODFL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ODFL is a bad performer in the overall market: 90% of all stocks are doing better.
ODFL is part of the Ground Transportation industry. There are 42 other stocks in this industry, of which 60% are performing better than ODFL.
ODFL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ODFL has a been trading in the 138.66 - 154.40 range, which is quite wide. It is currently trading near the lows of this range.
ODFL has an average volume of 1995150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ODFL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 140.42, a Stop Loss order could be placed below this zone.
More info and screens
137.53
226.82
We found 1 important support area.
- A support zone ranging from 138.92 to 140.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
7 important resistance areas can be observed.
- A resistance zone ranging from 140.69 to 142.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 149.84 to 150.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 159.13 to 159.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @167.89 from a horizontal line in the daily time frame.
- Resistance @171.28 from a horizontal line in the weekly time frame.
- Resistance @176.07 from a horizontal line in the daily time frame.
- Resistance @224.57 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ODFL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ODFL is down. |
| ChartMill Relative Strength | 10.19 | NEGATIVE | ODFL has a low relative strength, it was outperformed by 89.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ODFL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ODFL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ODFL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.9 | NEUTRAL | The RSI value for ODFL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests ODFL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.33 | OVERSOLD | The low Stochastics value suggests ODFL may be oversold. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ODFL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.1 | NEGATIVE | The low ADX value for ODFL suggests a weak or negative trend. |
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)
140.43
-0.63 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.45%
1 Week-1.38%
2 Weeks-6%
1 Month-8.7%
3 Month-14.2%
6 Month-14.81%
12 Month-28.61%
2 Year-31.35%
3 Year12.9%
5 Year55.24%
10 Year590.64%
15 Year2385.97%
Volatility
ATR(14)3.74
ATR(20)%2.92%
ATR Inc-33.93%
Range Today2.55
ADR(20)4.07
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.19
Mansfield-2.7
10 Day High149.88
10 Day Low138.66
20 Day High154.4
20 Day Low138.66
52 Week High233.26
52 Week Low138.66
CS1 End140.42
CR1 Start140.69
Volume & EV
DER(3)1.45%
DER(5)0.99%
Volume1.92M
Volume Incr23.78%
Vol(5)2.30M
Vol(50)2.00M