KNIGHT-SWIFT TRANSPORTATION (KNX) Stock Technical Analysis
NYSE:KNX - New York Stock Exchange, Inc. - US4990491049 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to KNX. KNX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
KNX is part of the Ground Transportation industry. There are 503 other stocks in this industry. KNX outperforms 96% of them.
In the last month KNX has a been trading in the 42.51 - 47.27 range, which is quite wide. It is currently trading near the high of this range.
KNX has an average volume of 2774650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, KNX turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
KNX has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
42.15
59.47
3 important support areas can be observed.
- A support zone ranging from 47.01 to 47.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 44.20 to 44.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.58 to 43.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- 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 | 47.57 | NEUTRAL | KNX is not amongst the best or worst performers 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) | 65.28 | NEUTRAL | The RSI value for KNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests KNX has a positive trend. |
| Stochastics (14,3) | 75.24 | NEUTRAL | The Stochastics value for KNX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for KNX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.69 | NEUTRAL | The ADX value for KNX suggests a possible start of a new 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)
47.39
+0.23 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg0.49%
1 Week7.13%
2 Weeks10.34%
1 Month5.31%
3 Month20.99%
6 Month-13.5%
12 Month-4.59%
2 Year-22.37%
3 Year-14.18%
5 Year8.44%
10 Year25.57%
15 Year62.31%
Volatility
ATR(14)1.28
ATR(20)%2.68%
ATR Inc106.74%
Range Today0.65
ADR(20)1.23
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.57
Mansfield-1.21
10 Day High47.27
10 Day Low42.51
20 Day High47.27
20 Day Low42.51
52 Week High61.51
52 Week Low36.69
CS1 End44
CR1 Start45.66
Volume & EV
DER(3)3.1%
DER(5)2.73%
Volume2.11M
Volume Incr29.98%
Vol(5)3.16M
Vol(50)2.77M