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 0 out of 10 to KNX. KNX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
84% 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.
In the last month KNX has a been trading in the 40.48 - 47.18 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
KNX has an average volume of 2801240 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 40 other stocks in this industry, KNX did better than 51% of them.
KNX has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
37.77
59.47
We found 2 important support areas.
- Support @41.23 from a trend line in the daily time frame.
- Support @38.15 from a horizontal line in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 42.38 to 43.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.16 to 44.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @45.50 from a trend line 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 @48.23 from a horizontal line 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 | 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 | 16.1 | NEGATIVE | KNX has a low relative strength, it was outperformed by 83.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KNX is below 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) | 44.42 | NEUTRAL | The RSI value for KNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests KNX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.4 | NEUTRAL | The Stochastics value for KNX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for KNX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.4 | 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)
42.09
-1.35 (-3.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-3.11%
1 Week-4.54%
2 Weeks-1.01%
1 Month-7.82%
3 Month-1.7%
6 Month-19.26%
12 Month-22.3%
2 Year-23.22%
3 Year-16.67%
5 Year-7.41%
10 Year11.41%
15 Year60.85%
Volatility
ATR(14)1.23
ATR(20)%3.22%
ATR Inc26.48%
Range Today1.25
ADR(20)1.3
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.1
Mansfield-2.06
10 Day High44.11
10 Day Low40.48
20 Day High47.18
20 Day Low40.48
52 Week High61.51
52 Week Low36.69
CS1 End41.23
CR1 Start42.38
Volume & EV
DER(3)2.2%
DER(5)-0.08%
Volume1.31M
Volume Incr-39.51%
Vol(5)1.92M
Vol(50)2.80M