KNIGHT-SWIFT TRANSPORTATION (KNX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:KNX - US4990491049 - Common Stock
Overall KNX gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, KNX is only an average performer.
Although KNX has an excellent technical rating, it does not present a decent entry opportunity 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
37.78
When analyzing the support we can see 4 important areas.
- Support @49.77 from a horizontal line in the daily time frame.
- Support @42.82 from a trend line in the daily 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 found 1 important resistance area.
- Resistance @59.79 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 | UP | POSITIVE | The long term trend for KNX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KNX is up. |
| ChartMill Relative Strength | 76.27 | POSITIVE | KNX has a high relative strength, it outperformed 76.27% 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) | UP | POSITIVE | The current price of KNX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.27 | OVERBOUGHT | The high RSI value suggests KNX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests KNX has a positive trend. |
| Stochastics (14,3) | 92.98 | OVERBOUGHT | The high Stochastics value suggests KNX may be overbought. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for KNX suggests some volalility. |
| Average Directional Index/ADX (14) | 34.33 | POSITIVE | The high ADX value value for KNX suggests a strong trend. |
53.22
+0.73 (+1.39%)
KNIGHT-SWIFT TRANSPORTATION / KNX FAQ
What is the technical rating for KNX stock?
ChartMill assigns a technical rating of 8 / 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 Bullish.
Can you provide the RSI signal for KNIGHT-SWIFT TRANSPORTATION?
KNIGHT-SWIFT TRANSPORTATION (KNX) has an RSI value of 73.2697. This indicates that the stock is currently overbought.
What is the MACD signal for KNIGHT-SWIFT TRANSPORTATION (KNX) stock?
The MACD indicator for KNIGHT-SWIFT TRANSPORTATION (KNX) has a value of 0.598791, 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.