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Archive - 4/17/2025 - Sign In to see current Signals. |
Old Dominion Freight Line (ODFL) Technical Analysis
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| Summary:
| | Weekly :    | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Old Dominion Freight Line (ODFL). During the week, the ODFL gained 1.55 points, or 1.02%, and closed at 153.75 on Thursday, April 17, 2025. Weekly volume was -15% below average. ODFL is a member of Trucking Industry. Trucking is the fifth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See ODFL long-term trend chart] A long-term downtrend had started on March 4, 2024 at 452.34 and reached 145.80 on April 9, 2025. ODFL lost 306.54 points, or 67.77%, in 57 weeks. The chart has formed a Rectangle chart pattern. The downtrend support line (176.92) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See ODFL medium-term trend chart] A medium-term downtrend had started on November 11, 2024 at 233.30 and reached 145.80 on April 9, 2025. ODFL lost 87.50 points, or 37.51%, in 21 weeks. The price is now at the 9.09% retracement level.
Weekly Technical Indicators: [See ODFL weekly technical indicators chart] Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since March 7, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See ODFL short-term trend chart] A short-term downtrend had started on March 27, 2025 at 171.50 and reached 145.80 on April 9, 2025. ODFL lost 25.70 points, or 14.99%, in 13 days. The price is now at the 30.93% retracement level.
Daily Technical Indicators: [See ODFL daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. The daily MACD line is below its signal line since April 3, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Industrials |
5 |
Industry |
Trucking |
5 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Low |
145.90 |
Low Date |
04/16/2025 |
High |
154.83 |
High Date |
04/17/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
171.50 |
High Date |
03/27/2025 |
Low |
145.80 |
Low Date |
04/09/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
209.60 |
High Date |
02/18/2025 |
Low |
145.80 |
Low Date |
04/09/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
233.30 |
High Date |
11/11/2024 |
Low |
145.80 |
Low Date |
04/09/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Rectangle |
Status |
Broken Support |
Resistance |
222.43 |
Support |
176.92 |
High |
452.34 |
High Date |
03/04/2024 |
Low |
145.80 |
Low Date |
04/09/2025 |
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