More about Old Dominion Freight Line, Inc.
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Technicals for Old Dominion Freight Line, Inc.
Price Summary
The stock of ODFL tumbled -6.86% today, reflecting a poor market performance.On 2026-04-29, Old Dominion Freight Line, Inc.'s shares started at 224.77, peaked at 233.79, bottomed out at 206.97, and ended -6.86% down at 209.35, with 4969246 shares traded.
Over the past year, the stock's highest price was 224.42, and its lowest was 126.29.
Analysts expect the price of ODFL to vary between 155.0 and 232.0, with an average expected price near 201.79167.
Technicals
Support and Resistance: The price sits at 209.35, supported by 208.54 and resisted by 219.98. This indicates a trading range where 208.54 provides a floor, preventing declines, and 219.98 acts as a ceiling, limiting further price increases for ODFL.Aroon: Aroon's bullish trend persists, with Aroon Up staying at the 100 level. This indicates strong market momentum, but further analysis using additional indicators is necessary to determine the trend's sustainability and future direction.
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
Parabolic SAR: The PSAR has just reversed for ODFL from bearish to bullish, which could signal a trend change. When interpreted alongside other indicators, this reversal may indicate a strong bullish trend if supported by broader market movements. Investors should look for additional confirmation from other indicators before making decisions.
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are beginning to waver. This weakening in downward momentum could signal a potential shift towards bullish price action. Investors might interpret this as an early indication that the market is preparing for a reversal, with the possibility of a bullish trend emerging soon.
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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