KNIGHT-SWIFT TRANSPORTATION (KNX) Stock Technical Analysis
USA - NYSE:KNX - US4990491049 - Common Stock
We assign a technical rating of 4 out of 10 to KNX. In the past year, KNX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, KNX does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 47.01. Right above this resistance zone may be a good entry point.
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37.78
When analyzing the support we can see 2 important areas.
- A support zone ranging from 38.91 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.
3 important resistance areas can be observed.
- 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 | NEUTRAL | NEUTRAL | The short term trend for KNX is neutral. |
| ChartMill Relative Strength | 27.88 | NEGATIVE | KNX has a low relative strength, it was outperformed by 72.12% 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 | NEGATIVE | The current price of KNX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.8 | NEUTRAL | The RSI value for KNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests KNX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.16 | NEUTRAL | The Stochastics value for KNX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for KNX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.07 | NEUTRAL | The ADX value for KNX suggests a possible start of a new trend. |
45.12
+1.59 (+3.65%)
KNIGHT-SWIFT TRANSPORTATION / KNX FAQ
What is the technical rating for KNX stock?
ChartMill assigns a technical rating of 4 / 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 53.8013. 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 -0.219265, 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 neutral.