NYSE:CNI - New York Stock Exchange, Inc. - CA1363751027 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to CNI. In the last year, CNI was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
CNI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 106.88. Right above this resistance zone may be a good entry point.
94.51
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CNI is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNI is up. |
ChartMill Relative Strength | 31.23 | NEUTRAL | CNI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 58.1 | NEUTRAL | The RSI value for CNI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests CNI has a negative trend. |
Stochastics (14,3) | 44.55 | NEUTRAL | The Stochastics value for CNI is a neutral value. |
Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for CNI suggests low volalility. |
Average Directional Index/ADX (14) | 18.99 | NEGATIVE | The low ADX value for CNI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
108.14 | 103.49 | 4.65 (4.30%) | 23.26% |
An entry @108.14. This is a Buy Stop order right above the resistance zone. | An exit @103.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.65 points, which is 4.30%. | When investing 23.26% of your capital in this trade, your total portfolio risk will be 1.00%. |
105.57
-0.52 (-0.49%)