KNIGHT-SWIFT TRANSPORTATION (KNX) Stock Technical Analysis
USA - NYSE:KNX - US4990491049 - Common Stock
45.81 USD
-0.51 (-1.1%)
45.81 USD
0 (0%)
Taking everything into account, KNX scores 6 out of 10 in our technical rating. KNX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, KNX is a bad performer in the overall market: 73% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
KNX has an average volume of 3772540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
KNX is part of the Ground Transportation industry. There are 43 other stocks in this industry, KNX did better than 64% of them.
KNX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KNX is lagging the market.
In the last month KNX has a been trading in the 42.39 - 48.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
KNX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 45.27, a Stop Loss order could be placed below this zone.
More info and screens
37.78
59.47
5 important support areas can be observed.
- A support zone ranging from 44.25 to 45.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.15 to 43.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @39.64 from a horizontal line in the weekly time frame.
- A support zone ranging from 38.92 to 38.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.16 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @46.01 from a trend line in the weekly time frame.
- A resistance zone ranging from 47.01 to 47.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 48.22 to 48.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @58.88 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for KNX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KNX is up. |
| ChartMill Relative Strength | 27.64 | NEGATIVE | KNX has a low relative strength, it was outperformed by 72.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KNX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KNX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of KNX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.46 | NEUTRAL | The RSI value for KNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests KNX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.21 | NEUTRAL | The Stochastics value for KNX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for KNX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.48 | NEGATIVE | The low ADX value for KNX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 46.02 | 44.24 | 1.78 (3.87%) | 25.00% |
| An entry @46.02. This is a Buy Stop order right above the resistance zone. | An exit @44.24. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.78 points, which is 3.87%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.97%. |
- The distance between exit and entry is rather small compared to the average daily movement of KNX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
45.81
-0.51 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-1.1%
1 Week4.4%
2 Weeks1.57%
1 Month7.21%
3 Month7.79%
6 Month0.35%
12 Month-17.65%
2 Year-14.82%
3 Year-17.36%
5 Year10.95%
10 Year24.37%
15 Year71.07%
Volatility
ATR(14)1.84
ATR(20)%3.89%
ATR Inc36.83%
Range Today2.21
ADR(20)1.71
ADR(20)%3.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.64
3 months CRS75.42
6 months CRS32.72
Mansfield-1.26
10 Day High46.56
10 Day Low43.2
20 Day High48.38
20 Day Low42.39
52 Week High61.51
52 Week Low36.69
CS1 End45.27
CR1 Start46.01
Volume & EV
DER(3)-3.42%
DER(5)-1.68%
Volume2.77M
Volume Incr-50.93%
Vol(5)2.49M
Vol(50)3.77M
KNIGHT-SWIFT TRANSPORTATION / KNX FAQ
What is the technical rating for KNX stock?
ChartMill assigns a technical rating of 6 / 10 to KNX.
What is the current trend direction of KNIGHT-SWIFT TRANSPORTATION (KNX) stock?
The current trend direction for KNIGHT-SWIFT TRANSPORTATION (KNX) is Bearish.
Can you provide the RSI signal for KNIGHT-SWIFT TRANSPORTATION?
KNIGHT-SWIFT TRANSPORTATION (KNX) has an RSI value of 55.4588. This indicates that the stock is currently neutral.
What is the MACD signal for KNIGHT-SWIFT TRANSPORTATION (KNX) stock?
The MACD indicator for KNIGHT-SWIFT TRANSPORTATION (KNX) has a value of -0.0368343, indicating a bearish trend.
What is the short term momentum for KNIGHT-SWIFT TRANSPORTATION (KNX) stock?
The short term momentum for KNIGHT-SWIFT TRANSPORTATION (KNX) is positive.