Schneider National's 15min Chart Triggers Bearish Bollinger Bands Expansion Downward

Based on the 15-minute chart of Schneider National, the Bollinger Bands are currently expanding downward, and a bearish Marubozu candlestick pattern has formed at 11:00 AM on September 10, 2025. This suggests that the market trend is being driven by selling pressure, with sellers exerting control over market movements. As a result, it is likely that bearish momentum will continue.

UBS has downgraded Knight-Swift Transportation, Schneider National, and J.B. Hunt Transport Services to Neutral, citing muted demand and a lack of expected truckload pricing increases in 2026. The Swiss bank projects contract rates to rise by just 2% next year, a significant reduction from the mid-single-digit increases anticipated by analysts. This downward revision in earnings estimates has led UBS to lower its 2026 forecasts for the three carriers, with Knight-Swift's estimate falling to $2.15 per share, Schneider's to $1.18, and J.B. Hunt's to $6.30 UBS downgrades Knight-Swift, Schneider and J.B. Hunt on weak truck demand^[1].

The downgrade reflects UBS's belief that capacity is gradually leaving the market, but there is no clear driver for the mid-single-digit truckload contract rate increases expected by analysts. UBS now forecasts contract rates rising just 2% in 2026, with a stronger 7% increase pushed out to 2027. This adjustment leaves UBS's 2026 earnings estimates for the three carriers about 10% below Wall Street consensus.

The bank also downplayed the likelihood of Federal Reserve rate cuts spurring a near-term freight recovery, stating that lower borrowing costs may not reduce long-term yields if inflation and growth expectations remain elevated. UBS rolled forward its valuation framework to 2027 earnings, applying multiples of 15 times for Knight-Swift and Schneider and 20 times for J.B. Hunt.

Analysts said those levels, slightly below mid-cycle, reflect that 2027 will be three years past the 2024 trough in truckload rates. With limited upside of 5% to 15% over the next year, UBS no longer sees enough justification for Buy ratings on the three stocks.

The 15-minute chart of Schneider National indicates a bearish trend, with Bollinger Bands expanding downward and a bearish Marubozu candlestick pattern forming at 11:00 AM on September 10, 2025. This suggests that the market trend is being driven by selling pressure, with sellers exerting control over market movements. As a result, it is likely that bearish momentum will continue.

Investors should closely monitor these developments and consider the potential impact on their portfolios. The financial outlook for these trucking companies remains uncertain, with the market showing signs of continued downward pressure.