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Old Dominion Freight Line share: That’s a number! ()

On the home exchange NASDAQ GS, Old Dominion Freight Line is trading at USD 238.47 as of May 21, 2022, 03:58. Old Dominion Freight Line belongs to the “Truck Transport” segment.

How Old Dominion Freight Line is currently to be assessed results from a multi-stage analysis. We have selected 8 categories, each of which leads to the result “Buy”, “Hold” or “Sell”. These results are finally consolidated into the overall result.

1. Industry comparison Share price: Compared to the average annual performance of stocks from the same sector (“industry”), Old Dominion Freight Line is more than 58 percent below with a return of 1.62 percent. The “Road and Rail” sector achieved an average return of 16.98 percent over the past 12 months. Here, too, Old Dominion Freight Line is significantly lower with 15.36 percent. The stock’s performance over the past year results in a “Sell” rating in this category.

2. Relative Strength Index: The Relative Strength Index (or RSI for short) compares the ups and downs of an underlying asset over time, making it a good indicator of overbought or underbought stocks. The RSI for the last 7 days for the Old Dominion Freight Line stock has a value of 77.41. On this basis, the stock is overbought and receives a “Sell” rating. We now compare the 7-day RSI to the value of the 25-day RSI (58.18). The RSI25 sits at 58.18 which means that Old Dominion Freight Line is neither overbought nor oversold here unlike the RSI7. The security is therefore classified differently as “Hold”. Overall, the RSI rating therefore gives Old Dominion Freight Line a “sell” rating.

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3. Sentiment and buzz: Strong positive or negative swings in Internet communication can be identified precisely and early on with our analysis. The mood hasn’t changed much for Old Dominion Freight Line in the past few weeks, however. We give the stock a “Hold” rating for this. The discussion strength measures the attention of market participants in social media. For Old Dominion Freight Line, our programs have not measured any exceptional activity over the past four weeks. Old Dominion Freight Line gets a “Hold” rating for it. Overall, the share is therefore rated a “Hold” at this level.

Buy, Hold or Sell – Your Old Dominion Freight Line Analysis dated 21.05. gives the answer:

How will Old Dominion Freight Line evolve now? Is an entry worthwhile or should investors rather sell? Find out the answers to these questions and why you need to act now in the latest Old Dominion Freight Line analysis.

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