Where are the Opportunities in (KNX)

February 17, 2025, 22:58 pm ET, BY Rick W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for KNX

• Buy KNX near 50.29 target 54.78 stop loss @ 50.14 Details

The technical summary data tells us to buy KNX near 50.29 with an upside target of 54.78. This data also tells us to set a stop loss @ 50.14 to protect against excessive loss in case the stock begins to move against the trade. 50.29 is the first level of support below 54.17 , and by rule, any test of support is a buy signal. In this case, support 50.29 would be being tested, so a buy signal would exist.

• Short KNX slightly under 54.78, target 50.29, stop loss @ 54.94 Details

The technical summary data is suggesting a short of KNX as it gets near 54.78 with a downside target of 50.29. We should have a stop loss in place at 54.94though. 54.78 is the first level of resistance above 54.17, and by rule, any test of resistance is a short signal. In this case, if resistance 54.78 is being tested, so a short signal would exist.

Swing Trading Plans for KNX

• Buy KNX slightly over 54.78, target 59.38, Stop Loss @ 54.62 Details

If 54.78 begins to break higher, the technical summary data tells us to buy KNX just slightly over 54.78, with an upside target of 59.38. The data also tells us to set a stop loss @ 54.62 in case the stock turns against the trade. 54.78 is the first level of resistance above 54.17, and by rule, any break above resistance is a buy signal. In this case, 54.78, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short KNX slightly near 54.78, target 54.04, Stop Loss @ 54.94. Details

The technical summary data is suggesting a short of KNX if it tests 54.78 with a downside target of 54.04. We should have a stop loss in place at 54.94 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 54.78, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for KNX

• Buy KNX slightly over 54.48, target 54.78, Stop Loss @ 54.35 Details

If 54.48 begins to break higher, the technical summary data tells us to buy KNX just slightly over 54.48, with an upside target of 54.78. The data also tells us to set a stop loss @ 54.35 in case the stock turns against the trade. 54.48 is the first level of resistance above 54.17, and by rule, any break above resistance is a buy signal. In this case, 54.48, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short KNX slightly near 54.48, target 54.04, Stop Loss @ 54.61. Details

The technical summary data is suggesting a short of KNX if it tests 54.48 with a downside target of 54.04. We should have a stop loss in place at 54.61 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 54.48, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Knight-swift Transportation Holdings Inc. (KNX) available here: KNX.

KNX Ratings for February 17:

AI Generated Signals for KNX

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This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Knight-swift Transportation Holdings Inc. (NYSE: KNX) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for KNX change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if KNX is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for KNX too.  All of these are offered below the Summary Table.