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Downtrend Broken Resist.Archive
- 3/27/2026 -
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Old Dominion Freight Line (ODFL) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a second consecutive positive week for the Old Dominion Freight Line (ODFL). During the week, the ODFL gained 4.42 points, or 2.40%, and closed at 188.34 on Friday, March 27, 2026. ODFL was trading at average weekly trading volume.
 Long-term trend: [See ODFL long-term trend chart]
A long-term downtrend had started on March 4, 2024 at 452.34 and reached 126.01 on November 20, 2025. ODFL lost 326.33 points, or 72.14%, in 89 weeks. The price is now at the 19.10% retracement level.
 Medium-term trend: [See ODFL medium-term trend chart]
A medium-term downtrend had started on March 4, 2026 at 221.63 and reached 176.05 on March 12, 2026. ODFL lost 45.58 points, or 20.57%, in 1 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (180.14) is broken. A broken support is considered to be a long-term bullish signal. 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See ODFL weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since November 28, 2025. Use the following link to access a MACD help.
 Short-term trend: [See ODFL short-term trend chart]
A short-term uptrend had started on March 19, 2026 at 177.91 and reached 193.22 on March 23, 2026. ODFL gained -15.31 points, or -8.61%, in 4 days. The price is now at the 31.87% retracement level.
Daily Technical Indicators: [See ODFL daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since March 5, 2026. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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