CSX CORP (CSX) Technical Analysis
NASDAQ:CSX • US1264081035
Current stock price
38.17 USD
-0.32 (-0.83%)
At close:
38.48 USD
+0.31 (+0.81%)
After Hours:
CSX Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to CSX. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month CSX has a been trading in the 37.88 - 43.34 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that CSX is one of the better performing stocks in the market, outperforming 81% of all stocks. On top of that, CSX also shows a nice and consistent pattern of rising prices.
- CSX is one of the better performing stocks in the Ground Transportation industry, it outperforms 85% of 42 stocks in the same industry.
- CSX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CSX is performing more or less in line with the market.
- CSX has an average volume of 13894100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CSX Weekly and Daily overview Charts
CSX Setup Rating and Analysis
Although CSX has an excellent technical rating, it does not offer a high quality setup 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
CSX Support and Resistance Analysis
32.14
43.61
We found 6 important support areas.
- A support zone ranging from 37.20 to 37.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.52 from a horizontal line in the daily time frame.
- Support @35.80 from a trend line in the daily time frame.
- Support @35.23 from a horizontal line in the daily time frame.
- Support @33.67 from a horizontal line in the daily time frame.
- Support @32.46 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 38.86 to 39.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.70 to 43.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
CSX Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for CSX is down. |
| ChartMill Relative Strength | 81.81 | POSITIVE | CSX has a high relative strength, it outperformed 81.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CSX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CSX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CSX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.45 | NEUTRAL | The RSI value for CSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests CSX has a negative trend. |
| Stochastics (14,3) | 7.91 | OVERSOLD | The low Stochastics value suggests CSX may be oversold. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for CSX suggests some volalility. |
| Average Directional Index/ADX (14) | 32.33 | POSITIVE | The high ADX value value for CSX suggests a strong trend. |
CSX Chart- and CandleStick Pattern Analysis
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)
CSX Technicals: Chart, Performance Metrics, Trend & Indicators
38.17
-0.32 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.83%
1 Week-2.88%
2 Weeks-4.46%
1 Month-9.78%
3 Month4.58%
6 Month15.74%
12 Month29.08%
2 Year2.97%
3 Year27.49%
5 Year18.76%
10 Year344.7%
15 Year45.69%
Volatility
ATR(14)1.03
ATR(20)%2.53%
ATR Inc1.03%
Range Today0.76
ADR(20)0.86
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.81
3 months CRS82
6 months CRS86.43
Mansfield0.9
10 Day High41.46
10 Day Low37.88
20 Day High43.35
20 Day Low37.88
52 Week High43.35
52 Week Low26.22
CS1 End37.26
CR1 Start38.86
Volume & EV
DER(3)-0.09%
DER(5)0.46%
Volume20.25M
Volume Incr8.97%
Vol(5)13.53M
Vol(50)13.89M
CSX CORP / CSX TA FAQ
Can you provide the ChartMill technical rating for CSX CORP?
ChartMill assigns a technical rating of 7 / 10 to CSX.
Can you provide the trend direction for CSX CORP?
The current trend direction for CSX CORP (CSX) is Bullish.
Can you provide the RSI signal for CSX CORP?
CSX CORP (CSX) has an RSI value of 36.4518. This indicates that the stock is currently neutral.
What is the MACD signal for CSX stock?
The MACD indicator for CSX CORP (CSX) has a value of -0.445205, indicating a bearish trend.
Can you provide the short term momentum for CSX CORP?
The short term momentum for CSX CORP (CSX) is negative.