Bullish Case: KNX shows potential for positive price action with a P/B ratio of 1.4 suggesting potential undervaluation, and recent price increase over 90 days indicating improving sentiment.


Bearish Case: Recent mean-reverting price action and a slight downtrend over the past week suggest potential weakness, with implied volatility indicating investor uncertainty.


Potential Outcomes: Upside from earnings or sector recovery (40%), downside from market trends or poor performance (35%), stable pricing if no significant catalysts emerge (25%).


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February 22, 2024


Knight-Swift Transportation Forecast

[KNX]  Knight-Swift Transportation
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)



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KNX Balanced News:
















Correlated Stock Forecasts

Assets that tend to move strongly with KNX



BJRI Forecast + Options Trading Strategies   [BJRI]  BJ's Restaurant (0.81)


EAT Forecast + Options Trading Strategies   [EAT]  Brinker International (0.78)


MIDD Forecast + Options Trading Strategies   [MIDD]  Middleby (0.76)


MGM Forecast + Options Trading Strategies   [MGM]  MGM Resorts International (0.76)


TNA Forecast + Options Trading Strategies   [TNA]  Direxion Daily Small Cap Bull 3X Shares (0.75)



Uncorrelated Stock Forecasts

Assets with little price relationship to KNX



WSM Forecast + Options Trading Strategies   [WSM]  Williams-Sonoma (-0.0)


MU Forecast + Options Trading Strategies   [MU]  Micron Technology (0.0)


UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (-0.0)


CPRT Forecast + Options Trading Strategies   [CPRT]  Copart (0.0)


MQ Forecast + Options Trading Strategies   [MQ]  Marqeta (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against KNX



SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.59)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.61)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.67)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.7)


REK Forecast + Options Trading Strategies   [REK]  ProShares Short Real Estate (-0.71)


KNX News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent KNX News






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