Along the interstate highways Saia (SAIA) and Swift Transport (SWFT) moved into the fast lanes with gains of 115.8% and 116% respectively over the last 12 months.

The 17 transportation stocks are in a sector that's 29.9% overvalued with an underweight rating as 76.5% of the 170 stocks in this sector have sell or strong sell ratings.

iShares Dow Transports (IYT) ($131.92) set a all-time intra-day high at $134.10 on Monday and closed below Friday's low at $132.37, which is a key reversal given lower closes today and tomorrow. The weekly chart shown below is positive but overbought with its five-week modified moving average at $129.99 and the 200-week simple moving average at $95.92. My semiannual and quarterly value levels are $129.17 and $126.32 with monthly and semiannual pivots at $131.56 and $131.89. My annual value level is $111.27.

Courtesy of MetaStock Xenith

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