ArcBest Corporation (ARCB)

ArcBest Corporation is trading at $141.06, down 3.30% on the session. The 50 day average sits at $149.58 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 48.4, which reads as neutral, and MACD is bearish crossover. Volume is average.

The nearest support is around $141.25 with resistance near $153.87, so that band frames the current range. Average daily movement is roughly $7.04, or about 5.0% of the share price, which is what any stop placement has to allow for. The overall health score of 40 out of 100 combines a trend score of 39, momentum of 35 and a risk score of 50.

ArcBest Corporation, an integrated logistics company, provides ground, air, and ocean transportation solutions worldwide. It operates in two segments, Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services that 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. This segment also offers motor carrier freight transportation services to customers in Mexico through arrangements with trucking companies. The Asset-Light segment provides ground expedite services; third-party transportation brokerage services by sourcing various capacity solutions, including dry van over-the-road, temperature-controlled and refrigerated, flatbed, intermodal or container shipping, and specialized equipment; less-than-container and full container load ocean transportation services; warehousing and distribution services; managed transportation services; and moving services to ‘do-it-yourself' consumer, as well as final mile, time critical, product launch, retail logistics, supply chain optimization, brokered LTL, and trade show shipping services. This segment also offers premium logistics services, such as deployment of specialized equipment to meet linehaul requirements; and international freight transportation with air, ocean, and ground services. The company was formerly known as Arkansas Best Corporation and changed its name to ArcBest Corporation in May 2014. The company was founded in 1923 and is headquartered in Fort Smith, Arkansas.