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Bullish Moving Average Cross by Knight Transport (KNX)

By David Diaz

Today, shares of Knight Transport (NYSE:KNX) have crossed bullishly above their 10-day moving average of $38.31 on a volume of 401K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Knight Transport share prices have moved between a 52-week high of $51.94 and a 52-week low of $34.60 and are now trading 11% above that low price at $38.54 per share. The 200-day and 50-day moving averages have moved 0.11% lower and 0.11% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Knight Transport and will alert subscribers who have KNX in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses knight transport

Ticker(s): KNX