Con-Way ( CNW) ($39.81 vs. $34.33 on May 8) set a new 52-week high at $40.14 on June 14. The weekly chart profile stays positive with a close this week above its five-week modified moving average at $37.24. My monthly value level is $38.54 with a semiannual pivot at $39.30 and weekly risky level at $41.24.

CSX ( CSX) ($25.29 vs. $25.33 on May 8) set its 52-week high at $26.36 on May 21, the day after the peak in the Dow transportation average. The weekly chart shifts to negative on a close this week below the five-week MMA at $24.90. My quarterly value level is $18.48 with a monthly pivot at $24.71 and weekly risky level at $26.55.

FedEx ( FDX) ($99.48 vs. $99.52 on May 18) set its multi-year high at $109.66 on March 11 well before the transportation average peaked. The weekly chart stays positive on a close this week above the five-week MMA at $98.32. My quarterly value level is $84.75 with a semiannual risky level at $103.76.

JB Hunt Transport ( JBHT) ($72.70 vs. $73.04 on May 8) set its multi-year high at $77.20 on May 22, two days after the transportation average peaked. The weekly chart stays negative given a close this week below the five-week MMA at $72.67. My quarterly value level is $66.35 with a weekly risky level at $75.48.

Norfolk Southern ( NSC) ($77.03 vs. $78.41 on May 8) set its multi-year high at $81.00 on May 21, one day after the transportation average peaked. The weekly chart stays negative given a close this week below the five-week MMA at $76.83. My semiannual value level is $74.99 with an annual pivot at $75.90 and monthly risky level at $77.07.

Old Dominion Freight ( ODFL) ($43.15 vs. $40.15 on May 8) set its multi-year high at $44.00 On May 28, after the transports peaked. This high was re-tested on June 10. The weekly chart remains positive but overbought with the five-week MMA at $41.24. My quarterly value level is $37.20 with a monthly risky level at $44.83.

If you liked this article you might like

Jim Cramer -- Transports Are the Ugliest Part of the Market Right Now

Knight Transportation to Accelerate Buying as Trucking Hits Brakes

As the Trucking Industry Slows, Knight Likely to Accelerate

American Airlines (AAL) Stock Prepared for Takeoff

Jim Cramer's 'Mad Money' Recap: 5 Groups You Once Loved but Now Hate