Barchart.com's Chart of the Day - Old Dominion Freight Lines
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 ODFL - Old Dominion Freig
SymLastChgPct
ODFL190.93-0.18-0.09%

The Barchart Chart of the Day belongs to the trucking firm Old Dominion Freight Line (ODFL). I found the stock by sorting Barchart's New All-Time High list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy in 10/16 the stock gained 10.74%.

Old Dominion Freight Line, Inc. (NASDAQ: ODFL), is a leading, less-than-truckload `LTL`, union-free company providing super-regional and national LTL service. The company is an inter-regional and multi-regional motor carrier transporting primarily less-than-truckload shipments of general commodities, including consumer goods, textiles and capital goods to a diversified customer base. In addition to its core LTL services, OD offers customers a broad range of logistics services including ground and air expedited transportation, supply chain consulting, transportation management, truckload brokerage and container delivery and warehousing. In addition, Old Dominion offers a consumer product for household moving: OD Household Services'. Through strategic partnerships, the Company also offers international freight forwarding services throughout the world. OD consistently has one of the lowest claims ratios and best on-time records in the industry.

ODFL

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 52.73+ Weighted Alpha
  • 38.54% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 18.12$ in the last month
  • Relative Strength Index 73.01%
  • Technical support level at 193.04
  • Recently traded at 194.42 with a 50 day moving average of 174.05

Fundamental factors:

  • Market Cap $15.42 billion
  • P/E 24.65
  • Dividend yield .35%
  • Revenue expected to grow 2.00% this year and another 5.80% next year
  • Earnings estimated to increase 4.70% this year, an additional 9.10% next year and continue to compound at an annual rate of 7.73% for the next 5 years
  • Wall Street analysts issued 1 strong buy, 4 buy, 9 hold and 1 under perform recommendation on the stock
  • The individual investors following the stock on Motley Fool voted 194 to 19 that the stock will beat the market