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Shares of Knight Transportation Inc. (KNX) Failed to Break the Support Line
Shares of KNX touched the 50-day moving average from above but failed to traverse below the widely
watched support line of $20.73. If the stock stays above the critical 50-day moving average, then
investors may continue to buy the shares in anticipation of an upward price move.
Shares of Knight Transportation Inc. closed at $21.29 in the previous trading session and opened today at $21.38.
KNX is currently trading at $20.96, down $0.33 (-1.55%) in today's trading session.
The shares of the stock are trading between $20.65 and $21.50. Today's price shift was accompanied by a volume of 867,021 shares which
is less than the average volume of 1,043,500 shares.
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consider seeking advice from your own financial or investment adviser.
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