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KNX Stock Tickeron detected bullish Stock Pattern: Broadening Top KNX on January 15, 2025, netting in a 1.47% gain over 7 days

A.I.dvisor
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+1.47% Gain from a Successful pattern Broadening Top
KNX - Knight-Swift Transportation Holdings
Tickeron
Ticker: KNX
Company: Knight-Swift Transportation Holdings
Gain: +1.47%
Confirmed: 01/15/25
Succeeded: 01/22/25
Total length: 7 days
On January 15, 2025, A.I.dvisor detected a Broadening Top Pattern (Bullish) for Knight-Swift Transportation Holdings (KNX, $55.82). On January 15, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $59.27. 7 days later, on January 22, 2025, KNX reached the target price resulting in a for traders who took a long position in the stock.

Momentum Indicator for KNX turns positive, indicating new upward trend

KNX saw its Momentum Indicator move above the 0 level on January 13, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 86 similar instances where the indicator turned positive. In of the 86 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for KNX just turned positive on January 06, 2025. Looking at past instances where KNX's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KNX advanced for three days, in of 296 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 70 cases where KNX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where KNX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for KNX entered a downward trend on January 02, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 62, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. KNX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.311) is normal, around the industry mean (3.800). P/E Ratio (78.890) is within average values for comparable stocks, (91.083). KNX's Projected Growth (PEG Ratio) (1.097) is slightly lower than the industry average of (2.244). Dividend Yield (0.011) settles around the average of (0.015) among similar stocks. P/S Ratio (1.260) is also within normal values, averaging (3.387).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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General Information

a provider of trucking and freight management services

Industry Trucking

Profile
Fundamentals
Details
Industry
Trucking
Address
2002 West Wahalla Lane
Phone
+1 602 269-2000
Employees
34800
Web
https://www.knight-swift.com