Today's Technical View on Swift Transportation, JB Hunt Transport Services, Con-way, and Old Dominion Freight Line
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For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130312:nPn3126804 LONDON, March 12, 2013 /PRNewswire/ -- Markets closed higher and the Services sector showed gains as well. The markets were propelled higher by encouraging job data and economic reports. The Dow Jones ended its latest session at 14,447.29, up 0.35 percent while NASDAQ was up 0.26 percent to close at 3,252.87. Similarly, S&P also closed on a bullish note at 1,556.22, up 0.32 percent. Our research team took a look at Services sector, focusing on the Trucking industry which includes major companies like Swift Transportation Co. (NYSE: SWFT), J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), Con Way Inc. (NYSE: CNW) and Old Dominion Freight Line (NASDAQ: ODFL). StockCall initiated free in-depth technical analysis on SWFT, JBHT, CNW, and ODFL which are currently available upon sign up at http://www.stockcall.com/research Swift Transportation Co. shares traded up for its latest trading session, ending the Monday 0.36 percent higher at $14.02. The stock fell to an intra-day low of $13.90, while its intra-day high stood at $14.26. With the upward move, Swift Transportation has gained more than 62 percent this year, compared to a gain of 10.97 percent for the S&P 500. The company's shares have strong support at around $13.70, as the stock shows a bullish trend. The stock is trading higher than its 20-day moving average price of $14.01. It traded in the range of $7.47 and $14.48 in the past 52 weeks. Sign up for the free technical analysis on SWFT at http://www.StockCall.com/SWFT031213.pdf J.B. Hunt Transport Services Inc. traded in the range of $68.58 and $69.46 in yesterday's trading session and ended the day at $68.89, down 0.58 percent. The stock's 52 weeks range stands at $50.56 and $71.85. J.B. Hunt has gained 32.1 percent of its value in the past 12 months, while it is up 17.8 percent so far this year. The company is in a bullish mode and may find its first support level at $68.78. It is trading above its 20-day moving average of $68.10. Its first resistance level stands at $72.11. Download the free report on JBHT by registering at http://www.StockCall.com/JBHT031213.pdf Con Way Inc.'s stock declined marginally in Monday's trading session. The stock closed 0.57 percent lower at $36.43 with 626,000 share volume. Despite the down move, the stock is still up more than 32 percent for the year. In the past 52 weeks, Con Way is up 15.87 percent. The stock currently has support at $35.94 level. The stock's MACD chart shows a bullish trend. The company may face its first resistance level at $37.00. Upon breaching this level, the stock may go as high as $37.45. The free report on CNW can be downloaded by signing up now at http://www.StockCall.com/CNW031213.pdf Shares of Old Dominion Freight Line edged lower in its latest trading session, in contrast to the broad market. The stock closed 0.85 percent lower at $36.09 on below average volume of 304,000 shares yesterday. Old Dominion Freight Line shares have gained more than 5 percent this year, underperforming the broad market. It has support at $34.83. Despite the downward move, the trucking company's shares are still trading above their 50-day and 200-day moving averages. The stock's MACD is also trading above the signal line and the zero-line. Both of these are bullish signals. Free report on ODFL can be accessed by registering at http://www.StockCall.com/ODFL031213.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact Person:William T. Knight, Email: email@example.com , Contact Number: +1-(646)-396-9857 (9:00 am EST - 01:30 pm EST)
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