ODFL NEWS why is Old Dominion Freight Line, Inc. price falling or rising

ODFL NEWS reasons for why stock price of Old Dominion Freight Line, Inc. is falling or rising

ODFL Old Dominion is falling or rising technical reasons

Technical analysis forecast of Old Dominion Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Old Dominion ODFL at this time. Stock is rising and might rise more.

It appears as if Old Dominion ODFL gave a large move recently.

Stock of Old Dominion (ODFL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Old Dominion is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Old Dominion stays above 181.4, but if it comes below 181.4, then a intra day sell could be more profitable.
If you take a sell trade below 181.4, then use 181.4 as stoploss and 177.92 as target. However if you take a buy trade in Old Dominion, then use 181.4 as stoploss and 185.5 as target.

ODFL Old Dominion is falling or rising NEWS fundamental reasons

More announcements and NEWS

ODFL Old Dominion Freight Line, Inc. current price & indicator signals

Moving Averages for Old Dominion Freight Line, Inc.

  • 5Day Average: 181.48
  • 12Day Average: 177.9
  • 20Day Average: 176.04
  • 50Day Average: 177.83
  • 100Day Average: 264.74
  • 150Day Average: 309.31
  • 200Day Average: 331.48

ODFL Indicators & signals

Indicator MACD (12,26,9)

178.73, 178.96, -2.21
Indicator MACD is in negative zone

Indicator ADX (14)

12.09, 23.23, 18.22
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 33
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of ODFL Old Dominion Freight Line, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
05 Fri Jul 2024 182.77 180.87 to 183.68 0.49% 0.71 times
03 Wed Jul 2024 181.87 181.26 to 184.21 0% 0.54 times
03 Wed Jul 2024 181.87 181.26 to 184.21 -0.16% 0.54 times
02 Tue Jul 2024 182.17 178.30 to 182.69 1.94% 1.49 times
01 Mon Jul 2024 178.70 175.65 to 180.59 1.19% 1.1 times
28 Fri Jun 2024 176.60 174.97 to 178.42 1.28% 1.85 times
27 Thu Jun 2024 174.37 173.65 to 177.20 -0.95% 0.68 times
26 Wed Jun 2024 176.04 174.98 to 178.62 0.68% 0.86 times
25 Tue Jun 2024 174.85 172.45 to 175.72 -0.69% 0.74 times
24 Mon Jun 2024 176.07 174.05 to 178.84 0.67% 0.9 times
21 Fri Jun 2024 174.89 173.11 to 176.48 0.14% 1.29 times
20 Thu Jun 2024 174.65 173.31 to 176.81 0.78% 1 times

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ODFL NEWS why is Old Dominion Freight Line, Inc. price falling or rising

 

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