October 25, 2020

Knight-Swift Transportation Sees Hammer Chart Pattern: Time to Buy?

Knight-Swift Transportation Holdings Inc. KNX has been struggling lately, but the selling pressure may be coming to an end soon. That is because KNX recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.

What is a Hammer Chart Pattern?

A hammer chart pattern is a popular technical indicator that is used in candlestick charting. The hammer appears when a stock tumbles during the day, but then finds strength at some point in the session to close near or above its opening price. This forms a candlestick that resembles a hammer, and it can suggest that the market has found a low point in the stock, and that better days are ahead.

Other Factors

Plus, earnings estimates have been rising for this company, even despite the sluggish trading lately. In just the past 60 days alone 2 estimates have gone higher, compared to none

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Knight-Swift Transportation Holdings Inc. Announces Timing of Third Quarter 2020 Earnings Release

Press release content from Business Wire. The AP news staff was not involved in its creation.


Knight-Swift Transportation Holdings Inc. (NYSE: KNX) expects to release its 2020 third quarter earnings on Wednesday, October 21, 2020 prior to the market open by filing a Form 8-K with the SEC. The earnings release will be available on the Company’s website http://investor.knight-swift.com/events and the Form 8-K will be available on the SEC website http://www.sec.gov.

The Company assumes no responsibility to update any information posted on its website.

The earnings release may contain forward-looking statements made by the Company that involve risks, assumptions and uncertainties that are difficult to predict. Investors are directed to the information contained in Part II, Item 1A. “Risk Factors” in our Quarterly Report for the quarter ended March 31, 2020 and in Part I, Item 1A., Risk Factors, in Knight-Swift’s

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Knight-Swift Transportation Holdings Inc. Announces New Sustainability Initiative and Deployment of Zero-Emissions Vehicle

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (“Knight-Swift” or “the Company”), North America’s largest truckload transportation company, announced today that the Company has set a goal to reduce its carbon emissions in half by the year 2035.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200929005478/en/

(Photo: Business Wire)

Knight-Swift CEO Dave Jackson stated, “Sustainability has always been at the core of our culture. While we have made significant strides in improving our environmental footprint over the years, we believe that setting an ambitious public goal to reduce carbon emissions generated by our fleet by 50% over the next 15 years quantifies our commitment. Our passionate and dedicated team members have the knowledge to rally around and execute on this achievable goal that will benefit our families, our communities, and future generations.”

The Company anticipates meeting this goal through various initiatives, including:

• Implementing next generation tractor and trailer

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