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ODFL Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Friday, October 14, 11:46 AM ET
Play Video: Learn About The 200 DMA


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In trading on Friday, shares of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) crossed above their 200 day moving average of $33.63, changing hands as high as $34.31 per share. Old Dominion Freight Line, Inc. shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of ODFL shares, versus its 200 day moving average:

Old Dominion Freight Line, Inc. 200 Day Moving Average Chart

Looking at the chart above, ODFL's low point in its 52 week range is $25.35 per share, with $40.12 as the 52 week high point that compares with a last trade of $33.86.

ODFL makes up 3.06% of the SPDR S&P Transportation ETF (AMEX:XTN)

ODFL operates in the Trucking sector, among companies like Arkansas Best Corp. (ABFS) which is up about 3.1% today, and Swift Transportation Co (NYSE:SWFT) trading up by about 0.2%. Below is a three month price history chart comparing the stock performance of ODFL, versus ABFS and SWFT.

ODFL,ABFS,SWFT Relative Performance Chart


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