Technical Analysis for ARCB - ArcBest Corporation

Grade Last Price % Change Price Change
D 115.83 4.67% 5.17
ARCB closed up 4.67 percent on Thursday, September 19, 2024, on 1.2 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
MACD Bullish Centerline Cross Bullish 0.00%
NR7 Range Contraction 0.00%
Weak + Overbought Other 0.00%
Weak, Overbought and Reversal Signs Reversal 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 3 hours ago
Gap Up Partially Closed about 7 hours ago
Gapped Up (Partial) about 7 hours ago
Rose Above Previous Day's High about 7 hours ago
Rose Above Upper Bollinger Band about 7 hours ago

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ArcBest Corporation Description

Arkansas Best Corporation provides freight transportation services and integrated logistics solutions worldwide. The company's Freight Transportation segment transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products through standard, expedited, and guaranteed less than container load services. This segment also offers motor carrier services in Canada and Puerto Rico; and through arrangements with other trucking companies in Mexico. Its Premium Logistics & Expedited Freight Services segment provides expedited freight transportation services to commercial and government customers; premium logistics services that involve the deployment of specialized equipment to meet line haul requirements; and domestic and international freight transportation with air, ocean, and ground service. The company's Domestic & Global Transportation Management segment provides third-party transportation brokerage and management services by sourcing various equipment types, including truckload, flatbed, intermodal, temperature-controlled, and specialized equipment. This segment also offers full container load and expedited less than container load ocean transportation services to and from the United States; and transportation and warehouse management services. Its Emergency & Preventative Maintenance segment offers roadside assistance and equipment services for commercial vehicles through a network of third-party service providers. The company's Household Goods Moving Services segment provides third-party transportation, warehousing, and delivery services to the consumer, corporate, and military household goods moving markets. As of December 31, 2013, it operated approximately 3,700 tractors and 20,000 trailers. The company was founded in 1935 and is headquartered in Fort Smith, Arkansas.


Classification

Sector: Industrials
Industry: Trucking
Keywords: Chemical Transport Plastic Metals Freight Transport Textiles Petroleum Products Logistics Logistics Services Machinery Rubber Cargo Intermodal Container Metal Products Transportation Segment Logistics Solutions Transportation Management Freight Transportation Freight Transportation Services Warehouse Management Household Goods Ocean Transportation Equipment Services Freight Services Broker Carrier Services Motor Carrier Warehouse Management Services Ocean Transportation Services Old Dominion Freight Line

Is ARCB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 153.2652
52 Week Low 86.5764
Average Volume 256,101
200-Day Moving Average 119.90
50-Day Moving Average 109.98
20-Day Moving Average 104.83
10-Day Moving Average 104.00
Average True Range 4.19
RSI (14) 67.00
ADX 22.34
+DI 31.11
-DI 19.73
Chandelier Exit (Long, 3 ATRs) 103.53
Chandelier Exit (Short, 3 ATRs) 107.35
Upper Bollinger Bands 114.03
Lower Bollinger Band 95.63
Percent B (%b) 1.1
BandWidth 17.55
MACD Line 0.12
MACD Signal Line -1.56
MACD Histogram 1.6797
Fundamentals Value
Market Cap 2.73 Billion
Num Shares 23.6 Million
EPS 5.77
Price-to-Earnings (P/E) Ratio 20.07
Price-to-Sales 0.77
Price-to-Book 2.73
PEG Ratio 3.00
Dividend 0.48
Dividend Yield 0.41%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 119.79
Resistance 3 (R3) 119.44 117.77 119.13
Resistance 2 (R2) 117.77 116.76 117.95 118.91
Resistance 1 (R1) 116.80 116.14 117.29 117.15 118.69
Pivot Point 115.13 115.13 115.37 115.31 115.13
Support 1 (S1) 114.16 114.12 114.65 114.51 112.97
Support 2 (S2) 112.49 113.50 112.67 112.75
Support 3 (S3) 111.52 112.49 112.53
Support 4 (S4) 111.87