After completing its last trading session, Old Dominion Freight Line, Inc. (NASDAQ:ODFL) dropped by -1.2% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To grasp this action better, We ought to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 2.111, an Accumulation/Distribution Index (ADI) of 2.111, an On-Balance Volume (OBV) of 2083.198, and a Chaiikin Money Flow (CMF) of -192.03. 8.182
Now let’s plug these indicators in. Consulting Trading View, this is what it all means:
So there you have it – our analysis of Old Dominion Freight Line, Inc. (NASDAQ:ODFL). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.
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