After completing its last trading session, Knight Transportation, Inc. (NYSE:KNX) dropped by -1.3% – here is what that looked like (as of 2019-12-24):
What’s the reason for these moves? To understand this better, it is helpful to analyze some technical indicators. The most important ones are as follows:
A Money Flow Index (MFI) of 34.018, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.028, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.677, an Accumulation/Distribution Index (ADI) of 0.677, an On-Balance Volume (OBV) of 298.135, and a Chaiikin Money Flow (CMF) of -35.8. 6.765
So what do these technical indicators mean? Let’s see. Consulting Trading View, this is what it all means:
So there you have it – our analysis of Knight Transportation, Inc. (NYSE:KNX). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.