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Knight Transport Bearish Moving Average Crossover Alert (KNX)

By James Quinn

Today, shares of Knight Transport (NYSE:KNX) have fallen below their 10-day MA of $33.27 on a volume of 420K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Knight Transport has traded in a range of $23.27 to $44.86 and is now at $32.57, 40% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has slid 0.2%.

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