Old Dominion Freight Line, Inc. (ODFL) Stock Price & Analysis
Market: NASDAQ • Sector: Industrials • Industry: Trucking
Old Dominion Freight Line, Inc. (ODFL) Profile & Business Summary
Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2021, it owned and operated 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers; 3 fleet maintenance centers; and 251 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.
Key Information
| Ticker | ODFL |
|---|---|
| Exchange | NASDAQ |
| Official Site | https://www.odfl.com |
Market Trend Overview for ODFL
One model, two time views: what the market looks like right now, and where the larger trend is heading over time.
SRE (WhaleQuant Structural Regime Engine) SRE evaluates how price structure evolves across daily and weekly timeframes to define the prevailing market regime. Beyond identifying trends, consolidations, and exhaustion phases, it distinguishes between raw structural strength and deployable participation quality. The model dynamically adjusts for structural context and extension risk, assessing whether conditions are supportive, stretched, fragile, or structurally impaired. Its purpose is not to forecast precise price levels, but to determine whether risk deployment is aligned with underlying market structure.
Longer-Term Market Trend (Mid to Long Term)
Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-07-13 (ET)
As of 2026-07-13, ODFL is starting to move higher. Over the longer term, the trend remains bullish.
ODFL last closed at 232.90. The price is about 1.1 ATR above its recent average price (225.15), and the market is currently in an early upward move. Price at 232.90 is holding above minor support near 223.63. If price continues higher, it may face light resistance around 233.79. View Support & Resistance from Options
The trend is still positive, but signs of slowing momentum suggest growing two-sided risk.
Trend score: 80 out of 100. Overall alignment is strong. The market is currently in an early-stage uptrend. Trend signals are well aligned across timeframes, suggesting a stable and consistent trend.
A key downside risk boundary is near 204.67. If price falls below this area, the current structure would likely weaken further.
A systematic trend-activation signal was most recently triggered on 2026-07-13, reflecting a technical shift toward positive directional alignment.
[2026-07-07] Price moved quickly and looked strong, but participation was limited.
Recent price action shows orderly upward progression with no major deterioration in bar-level efficiency. Structural conditions remain broadly constructive.
There was no clear sign of meaningful positions being carried into the overnight session.
The model sees a credible bullish edge, with 66.2% upside probability, strong signal alignment, and reward/risk that remains meaningfully favorable.
Up probability is 66.2%, with predictability at 58% and signal agreement at 88%. Reversal risk is 19%, while reward/risk stands at 0.33. That suggests the directional case is supported by broad confirmation and still retains usable quality. At the same time, recent price behavior has shown failed reversal memory.
NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history
This reading is based on the last 20 trading days of 15-minute price, volume, and VWAP data. Price is trading 4.3% above the recent estimated cost basis of 223.34, which keeps the recent cost structure in a clearly stronger position. Price is above the main cost band (216.40 to 219.57), and about 88% of recent positioning is already in profit. That supports trend strength, but it also raises the chance of profit-taking if momentum cools. The lower down support area sits around 224.93 to 227.60. It looks more like a first buffer than a major floor. The main cost band is fairly wide relative to recent ATR, so this structure may behave less cleanly than a tighter setup. From a trading point of view, the trend still has support, but because the main support sits lower down around 224.93 to 227.60, the key is whether pullbacks remain controlled before dropping back into that zone.