NEW YORK ( TheStreet) -- Old Dominion Freight (ODFL - Get Report) and United Parcel Service (UPS - Get Report) set new highs or their own pushing the Dow transportation average to an all-time high at 7245.43 in intra-day trading on Monday. Five of the eight truckers, rails and freight companies we've been tracking led strength in transports.The daily chart for the Dow transportation average shows a negative divergence in momentum with a 12x3x3 daily slow stochastic reading at 77.35, moving below the overbought reading of 80.00. The transportation average is above its 21-day, 50-day and 200-day simple moving averages at 7067, 6811 and 6391.
Old Dominion, UPS Deliver a New High for Dow Transports
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