Knight-swift Transportation Holdings Inc. Class A Common Stock | KNX

Daily Technical Analysis of Knight-swift Transportation Holdings Inc. Class A Common Stock

Knight-swift Transportation is up a bit on the day, funds flowing in kept the price up 2.51% since yesterday.

It looks like Knight-swift Transportation isn't currently at a very decisive point in regards to support/resistance levels. Knight-swift Transportation hasn't established a very strong momentum in either direction over the last 3 months. We'll see if a stronger consensus among market participants emerges. KNX might find some support at the 53.58 level, buyers might push the price back up from here. But it's not very clear what will happen.

Last analyzed on 2024-11-13

Analyst Ratings for Knight-swift Transportation By Price Target And Rating

The analysts are pretty neutral on Knight-Swift Transportation right now, so not much useful information here. The current Analysts Sentiment Score is 1.35. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Susquehanna boosted their price targ by 3.33% to $62.00 on 2024-01-17. On 2024-01-10 Stifel Nicolaus increased their price target by 18.52% to $64.00. TD Cowen gave a boost to their price target and moved to $61.00 from $58.00 on 2023-11-29. JPMorgan Chase & Co. announced an upgrade on 2023-10-20 from Underweight to Neutral and provided a price target boost 5.56% to $57.00 from $54.00. Morgan Stanley gave a boost to their price target and moved to $75.00 from $70.00 on 2023-10-20. Raymond James gave a boost to their price target and moved to $60.00 from $57.00 on 2023-07-24. On 2023-07-21 there was a downgrade announced by Evercore ISI from Outperform to In-Line and they lowered their price target by -13.33% to $52.00 from a previous target of $60.00. Stephens reiterated a rating of Overweight on 2023-07-21 and they set their price target at $68.00. On 2023-06-30 Citigroup lowered their price target by -1.52% to $65.00. Credit Suisse Group downgraded from Outperform to Neutral on 2023-05-17 and they lowered their price target by -4.76% to $60.00 from a previous target of $63.00.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
KNX	1.35	1.73	-0.64	2.07	-0.45

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-19)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
KNX	0.00	0.00

Short interest for Knight-Swift Transportation

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
KNX	1.12	%1.9	1.5	-39.93	2970000

How Knight-Swift Transportation compares to the broader Industrials sector and the more specific Transportation & Logistics industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Transportation & Logistics Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	45	1.02	0.93	4.66	2.23	3.54	14.84	61.56	7.05	3.64	4.61	-7428.23	-14321.87	23.89	6.67	3.40	2.37
Industrials Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	284	1.40	2.79	6.86	9.18	13.54	35.75	65.51	29.95	19.68	27.35	-6556.87	-20848.43	22.18	2.29	3.59	2.46

Social Sentiment for Knight-Swift Transportation

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
KNX

Companies with the highest correlation to Knight-Swift Transportation

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Short Interest Score
SNDR \| Schneider National, Inc.	1.46	0.64	3.47	11.46	16.60	43.62	37.38	87	74.74	57.56	21.31	147.07	-24848.70	150	3.13108
WERN \| Werner Enterprises Inc	1.41	1.60	0.86	4.58	8.04	7.92	0.88	70	3.61	2.41	-0.98	287.97	-10886.51	0	3.98865
LSTR \| Landstar System Inc	1.25	0.77	-1.25	-0.45	-0.95	1.49	3.07	70	-0.63	-1.03	-1.79	24.21	-11261.15	0	4.26595
JBHT \| JB Hunt Transport Service	1.13	0.46	-0.87	1.97	5.31	15.16	-0.36	63	6.80	5.75	2.92	-567.35	-7467.04	100	2.86885
ODFL \| Old Dominion Freight Line	1.03	0.85	2.93	9.64	14.24	27.08	8.95	70	13.91	14.35	12.55	0.00	-20696.43	100	4.15831
HUBG \| HUB Group Inc	0.92	2.12	1.96	16.75	8.23	19.13	35.32	77	6.95	7.26	3.55	0.00	-18778.60	0	1.8239
R \| Ryder System, Inc.	0.86	2.77	2.94	14.74	14.07	37.33	54.04	83	67.15	66.73	63.25	0.00	-37335.61	150	3.09468
HTLD \| Heartland Express Inc	0.75	1.23	0.90	8.70	-0.08	8.60	-6.71	92	-3.25	-6.38	-12.86	174.31	-5299.40	0	4.41698

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