KNIGHT-SWIFT TRANSPORTATION (KNX) Stock Technical Analysis
USA - NYSE:KNX - US4990491049 - Common Stock
41.41 USD
+1.51 (+3.78%)
41.41 USD
0 (0%)
Overall KNX gets a technical rating of 0 out of 10. KNX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
86% of all other stocks performed better in the past year than KNX.
KNX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
KNX has an average volume of 2801790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
KNX is an average performer in the Ground Transportation industry, it outperforms 58% of 42 stocks in the same industry.
In the last month KNX has a been trading in the 38.63 - 43.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of KNX is bad and it also does not present a 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
38.52
59.47
When analyzing the support we notice one important area.
- Support @38.91 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 42.15 to 42.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.98 to 45.66. This zone is formed by a combination of multiple trend lines in the daily 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.
- 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 | DOWN | NEGATIVE | The long term trend for KNX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KNX is neutral. |
| ChartMill Relative Strength | 14.04 | NEGATIVE | KNX has a low relative strength, it was outperformed by 85.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KNX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KNX is below a declining 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) | 51.59 | NEUTRAL | The RSI value for KNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests KNX has a positive trend. |
| Stochastics (14,3) | 30.1 | NEUTRAL | The Stochastics value for KNX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for KNX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.16 | 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)
41.41
+1.51 (+3.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg3.78%
1 Week4.44%
2 Weeks3.42%
1 Month-3.94%
3 Month-12.62%
6 Month6.23%
12 Month-16.93%
2 Year-15.3%
3 Year-13.78%
5 Year9%
10 Year17.29%
15 Year66.94%
Volatility
ATR(14)1.21
ATR(20)%2.96%
ATR Inc42.9%
Range Today1.69
ADR(20)1.19
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.04
Mansfield-2.24
10 Day High42.04
10 Day Low38.63
20 Day High43.47
20 Day Low38.63
52 Week High61.51
52 Week Low36.69
CS1 End38.91
CR1 Start42.15
Volume & EV
DER(3)3.29%
DER(5)1.88%
Volume5.83M
Volume Incr46.01%
Vol(5)3.82M
Vol(50)2.80M