CSX CORP (CSX) Stock Technical Analysis
NASDAQ:CSX - Nasdaq - US1264081035 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CSX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CSX is only an average performer.
The long and short term trends are both positive. This is looking good!
CSX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CSX is lagging the market slightly.
In the last month CSX has a been trading in the 31.84 - 34.59 range, which is quite wide. It is currently trading near the high of this range.
CSX has an average volume of 14487000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CSX outperforms 58% of them, which is more or less in line with the market.
CSX is part of the Ground Transportation industry. There are 40 other stocks in this industry, CSX did better than 61% of them.
CSX has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
31.26
36.93
When analyzing the support we can see 2 important areas.
- A support zone ranging from 33.47 to 33.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 31.58 to 32.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @35.08 from a trend line in the weekly time frame.
- Resistance @36.56 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for CSX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CSX is up. |
| ChartMill Relative Strength | 58.81 | NEUTRAL | CSX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CSX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CSX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CSX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.3 | NEUTRAL | The RSI value for CSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CSX has a positive trend. |
| Stochastics (14,3) | 78.83 | NEUTRAL | The Stochastics value for CSX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for CSX suggests low volalility. |
| Average Directional Index/ADX (14) | 38.45 | POSITIVE | The high ADX value value for CSX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
33.98
-0.12 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.35%
1 Week2.81%
2 Weeks3.25%
1 Month4.91%
3 Month22.76%
6 Month3.82%
12 Month-2.05%
2 Year1.98%
3 Year5.1%
5 Year42.89%
10 Year225.9%
15 Year93.36%
Volatility
ATR(14)0.57
ATR(20)%1.63%
ATR Inc75.98%
Range Today0.52
ADR(20)0.54
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.81
Mansfield-0.32
10 Day High34.59
10 Day Low32.56
20 Day High34.59
20 Day Low31.84
52 Week High37.1
52 Week Low26.22
CS1 End33.84
CR1 Start35.08
Volume & EV
DER(3)1.91%
DER(5)0.35%
Volume15.30M
Volume Incr5.83%
Vol(5)14.55M
Vol(50)14.49M