For the quarter ended September 2023, ArcBest (ARCB) reported revenue of $1.13 billion, down 16.5% over the same period last year. EPS came in at $2.31, compared to $3.80 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.14 billion, representing a surprise of -1.01%. The company delivered an EPS surprise of +49.03%, with...
ARCB has formed a bullflag above this diagonal resistance
I have plotted a few bars pattern structures that the bullflag may take place in
Bullflags break out bullishly as indicated by the name
Notes:
* Very strong up trend since March 2020 on all time frames
* Great consistent earnings since 2020
* Basing for the past ~9 months now
* Broke above and retested $86.7 which has acted as a pivotal area for bulls and bears
* Consolidating just above $86.7 for the past ~4 weeks with decreasing volume
* It was consolidating around the bottom of its base with...
Arkansas Best Freight or Arcbest Freight $ARCB is a stock I have owned since last dip after earnings, my cost is around $59 dollars a share. As a whole, I am confident in trucking and freight and that is due to the massive shift to ecommerce thanks to COVID. They specialize in asset based deliveries - but more importantly are trying to grow with their asset light...
I bought this yesterday, 12/30, on the pullback to both the 10 EMA and what I'm considering the base breakout area. This may be a nice play on continued opening of the economy in the transport sector. Ideas, not investing / trading advice.
From the companies website:
Innovative Logistics Solutions for a World on the Move
ArcBest® helps keep the global supply...
Falling Wedge Break with Ceiling to the upside of $5 before it hits its first level of resistance. Gapped up 3 times as it moved out of the wedge.
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by iCantw84it
11.11.21
ARCB seems to have made a 1-2-1-2* (smaller degree)* and looking for a 3th wave that could take us to 334.58$ . Would be preferable to see a retest of that parallel channel line before keep moving up but it might not happen. 50,53$ seems a strong support area and as long as we don't lose it the trend should be going upwards.
ARCB: ArcBest Corporation
2021-11-01 07:00:00
ArcBest® Declares an $0.08/Share Quarterly Dividend; Announces New $100 Million Accelerated Share Repurchase Program
Basing nicely just above its rising 50 MA, earnings on Tuesday and could end up the catalyst that moves the stock out of this consolidation base. $75 is the level to watch.
Arcbest Corporation (ARCB)- ENGAGED IN LESS-THAN-TRUCKLOAD MOTOR CARRIER OPERATIONS IN NORTH AMERICA VIA ITS 5 MAJOR SUBSIDIARIES.
ARCB
www.tradingview.com
ArcBest Corp. Ticker ARCB showing possible upside of ~10%+ Earnings 1/13/2018 Est .39.
Moving Averages: ARCB has been trading along its 20ma with a recent break out on 1/19/2018
Bollinger Bands: Bollingers start to tighten after a consolidation that had begun 12/12/2017, ARCB is currently trading along the upper bank which could...
