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Knight Transportation (KNX) Downgrade Alert, Watch for 3.3% Technical Uptrend Reversal

By Chip Brian

Knight Transportation (NYSE:KNX) downgraded to Hold from Buy at Deutsche Bank. The stock closed yesterday at $22.18 on volume of 818,100 shares, below average daily volume of 998,852.
Knight Transportation is currently above its 50-day moving average of $20.72 and above its 200-day moving average of $19.52.
SmarTrend is bullish on shares of KNX and our subscribers received an Uptrend alert on June 14, 2010 at $21.48, which has returned 3.3% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): KNX