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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Old Dominion Freight Line, Inc. (NASDAQ:ODFL)

Countertrend Down (-85) - ODFL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid ODFL?

MarketClub looks at technical strength and momentum to determine if the timing is right for ODFL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ODFL
Open High Low ODFL Price Change
182.000 187.365 181.920 183.860 +2.160
Entry Signal

MarketClub’s Trade Triangles for ODFL

long term down The long-term trend has been DOWN since Apr 26th, 2024 at 187.190

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 211.875

short term up The short-term trend has been UP since May 3rd, 2024 at 186.190

Smart Scan Analysis for ODFL

Based on our trend formula, ODFL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ODFL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
182.000 187.365 181.920 183.860 +2.160
Prev. Close Volume Bid Ask Time
181.700 1019968 2024-05-09 15:08:34
Year High170.22Year High Date2018-09-11
Year Low118.73Year Low Date2018-10-29
52wk High227.852wk High Date2024-04-08
52wk Low147.952wk Low Date2023-05-24
Year End Close34.28Average Volume1,857,635
Shares Outstanding217,285Short Interest1,315,430
% Institutional71Market Cap13,970M
Assets565,135,600MLiabilities124,971,900M
P/E Ratio32.2735Beta1.26
Volatility38.15
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