Old Dominion Freight Line(ODFL)

Old Dominion Freight Line (ODFL) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for ODFL · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$232.80last close · Jul 22, 202652-week range $126.01 – $252.03 · 7.63% below the high

ODFL Bullish Pennant Pattern

ODFL is currently forming a bullish pennant on the daily timeframe. Detected Jul 22, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $225.13 (+13.5%). Across 3,749 backtested bullish pennants, the setup followed through 57.3% of the time, averaging +0.82R; ODFL's own bullish pennants have hit 72.7%.

DirectionBullishTarget$225.13Projected move+13.5%Breakout level$200.26

New to this pattern? What a bullish pennant is and how to trade it →

ODFL's Most Recent Bullish Pennant Trade

ODFL's most recent completed bullish pennant resolved as a loss: it broke higher on Feb 27, 2026 near $201.48, then was stopped out at $176.24 on Mar 12, 2026 — a 12.5% move (-1.97R) over 9 sessions. Across 118 backtested bullish pennants, this setup wins 55.9% of the time.

OutcomeLossResult-12.5%R-1.97REntry$201.48Exit$176.24

Learn about bullish pennant

How Bullish Pennants Have Performed

Win rate
57.3%
Avg return
+0.82R
Backtested trades
3,749
ODFL win rate
72.7%

Historical pattern statistics (1987-02-04 – 2026-06-30), not a prediction.

How these backtests work →

ODFL Pattern Trade History

Every completed pattern trade our nightly backtest found on ODFL's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Bullish PennantFeb 27, 2026 @ $201.48Mar 12, 2026 @ $176.24Loss+13.5% · -1.97R
Rising WedgeJan 23, 2026 @ $173.55Feb 2, 2026 @ $186.13Loss+22.5% · -1.63R
TriangleNov 13, 2025 @ $135.08Dec 3, 2025 @ $150.94Loss+7.4% · -2.46R
Falling WedgeOct 20, 2025 @ $140.05Nov 14, 2025 @ $132.29Loss+9.0% · -1.29R
Falling WedgeSep 19, 2025 @ $141.06Dec 5, 2025 @ $155.15Loss+19.7% · -1.08R
TriangleAug 29, 2025 @ $148.39Jan 5, 2026 @ $163.73Loss+19.3% · -1.31R
Bullish PennantJul 1, 2025 @ $167.28Jul 30, 2025 @ $146.46Loss+14.1% · -1.70R
Falling WedgeApr 9, 2025 @ $160.88Aug 1, 2025 @ $141.85Loss+18.8% · -1.27R
Falling WedgeMar 24, 2025 @ $167.61Apr 3, 2025 @ $155.75Loss+17.9% · -1.19R
TriangleNov 6, 2024 @ $216.96Nov 15, 2024 @ $215.57Loss+13.6% · -0.05R
TriangleOct 30, 2024 @ $203.32Dec 20, 2024 @ $181.37Loss+21.4% · -1.28R
Bullish PennantSep 16, 2024 @ $194.74Nov 15, 2024 @ $215.57Win+15.8% · +1.40R

Bullish Pennant Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

FTNTFortinet
Winning trade · +7.3%
Opened Jun 25, 2026
Closed Jul 16, 2026
Open FTNT’s live chart →
INTCIntel
Losing trade · −21.2%
Opened Jun 12, 2026
Closed Jul 16, 2026
Open INTC’s live chart →
PMPhilip Morris International
Losing trade · −4.3%
Opened Jun 30, 2026
Closed Jul 14, 2026
Open PM’s live chart →
DALDelta Air Lines
Winning trade · +17.5%
Opened May 21, 2026
Closed Jul 7, 2026
Open DAL’s live chart →

Learn about bullish pennant

ODFL Support and Resistance Levels

Price is being turned away at a ceiling near $236.93 and starting to slide. On the weekly chart, the next floor below sits near $205.93 — about 12% away.

  • Traders commonly watch $205.93 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $236.93 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

ODFL Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$234.63$235.76$232.41$232.80
Jul 21, 2026$234.80$235.16$229.58$234.79
Jul 20, 2026$234.36$234.36$229.10$231.76
Jul 17, 2026$235.42$238.51$233.19$233.84
Jul 16, 2026$229.30$237.23$228.00$237.15
Jul 15, 2026$230.22$231.20$223.74$225.23
Jul 14, 2026$232.33$233.32$225.71$228.61
Jul 13, 2026$229.53$235.44$227.57$232.90
Jul 10, 2026$226.37$228.98$222.90$227.63
Jul 9, 2026$219.85$227.90$219.85$225.85

ODFL Frequently Asked Questions

What chart pattern is ODFL forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a bullish pennant on Old Dominion Freight Line (ODFL) on the daily chart, with a measured-move target of $225.13.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on ODFL is a bullish pattern, projecting a measured-move target of $225.13. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (3,749 trades over 628 symbols), it resolved in the expected direction 57.3% of the time with an average of +0.82R. These are historical statistics, not a prediction.
What is the price target if ODFL's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $225.13 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ODFL's closing price on Jul 22, 2026?
Old Dominion Freight Line (ODFL) last closed at $232.80 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.