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

Auto-detected technical analysis for ODFL · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$219.32last close · Aug 4, 202652-week range $126.01 – $252.03 · 12.98% below the high

ODFL Bullish Pennant Pattern

ODFL is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 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 2,605 backtested bullish pennants, the setup followed through 57.4% of the time, averaging +0.99R; ODFL's own bullish pennants have hit 75.0%.

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 -1.97R move (12.5%) over 9 sessions. Across 137 backtested bullish pennants, this setup wins 55.5% of the time.

OutcomeLossResult-1.97REntry$201.48Exit$176.24

Learn about bullish pennant

How Bullish Pennants Have Performed

Win rate
57.4%
Avg return
+0.99R
Backtested trades
2,605
ODFL win rate
75.0%

Historical pattern statistics (2006-08-15 – 2026-08-04), 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-1.97R
TriangleNov 13, 2025 @ $135.08Dec 3, 2025 @ $150.94Loss-2.46R
Falling WedgeOct 20, 2025 @ $140.05Nov 14, 2025 @ $132.29Loss-1.29R
Falling WedgeSep 19, 2025 @ $141.06Dec 5, 2025 @ $155.15Loss-1.08R
TriangleAug 29, 2025 @ $148.39Jan 5, 2026 @ $163.73Loss-1.31R
Rising WedgeJul 30, 2025 @ $152.50Jul 31, 2025 @ $147.64Win+0.22R
Bullish PennantJul 1, 2025 @ $167.28Jul 30, 2025 @ $146.46Loss-1.70R
Falling WedgeApr 17, 2025 @ $153.89Aug 1, 2025 @ $141.85Loss-1.51R
Falling WedgeMar 24, 2025 @ $167.61Apr 3, 2025 @ $155.75Loss-1.19R
TriangleNov 6, 2024 @ $216.96Nov 15, 2024 @ $215.57Loss-0.05R
TriangleOct 29, 2024 @ $203.36Dec 20, 2024 @ $181.37Loss-1.27R
Bullish PennantSep 16, 2024 @ $194.74Nov 15, 2024 @ $215.57Win+1.40R

ODFL Support and Resistance Levels

Price is being turned away at a ceiling near $232.78 and starting to slide. On the weekly chart, the next floor below sits near $203.89 — about 7% away.

  • Traders commonly watch $203.89 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 here — the spot to watch was the $232.78 ceiling about a week ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $202.82, resistance near $229.66. These are chart/swing-derived levels, not formula pivots.

Resistance
$229.66$231.54$239.39$241.87$249.13$252.94$252.97$280.41$307.31$422.97$554.54
Support
$202.82$126.01

ODFL Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$212.93$219.99$211.68$219.32
Aug 3, 2026$213.14$215.85$209.56$211.52
Jul 31, 2026$214.37$214.37$210.01$212.14
Jul 30, 2026$223.57$223.66$205.16$212.47
Jul 29, 2026$221.64$225.73$214.79$222.79
Jul 28, 2026$227.10$230.80$225.82$226.28
Jul 27, 2026$232.14$233.92$224.49$226.77
Jul 24, 2026$230.40$237.15$228.00$232.99
Jul 23, 2026$235.00$236.25$227.22$230.71
Jul 22, 2026$234.63$235.76$232.41$232.80

ODFL Frequently Asked Questions

What chart pattern is ODFL forming right now?
As of Aug 4, 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 (2,605 trades over 631 symbols), it resolved in the expected direction 57.4% of the time with an average of +0.99R. These are historical statistics, not a prediction.
What are the support and resistance levels for ODFL?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), ODFL's nearest support is around $202.82 and nearest resistance around $229.66.
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 Aug 4, 2026?
Old Dominion Freight Line (ODFL) last closed at $219.32 on Aug 4, 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.