CSX CORP (CSX) Technical Analysis
NASDAQ:CSX • US1264081035
Current stock price
CSX Technical Rating and Analysis
Overall CSX gets a technical rating of 8 out of 10. In the last year, CSX was one of the better performers, but we do observe some doubts in the very recent evolution.
- CSX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that CSX is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by CSX over the past year are nicely spread over this period.
- CSX is one of the better performing stocks in the Ground Transportation industry, it outperforms 90% 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 13576000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CSX Weekly and Daily overview Charts
CSX Setup Rating and Analysis
Although CSX has an excellent technical rating, the quality of the presented setup is not ideal 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
33.93
We found 4 important support areas.
- A support zone ranging from 38.16 to 39.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.52 to 37.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.23 from a horizontal line in the daily time frame.
- Support @34.27 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- 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 | NEUTRAL | NEUTRAL | The short term trend for CSX is neutral. |
| ChartMill Relative Strength | 84.59 | POSITIVE | CSX has a high relative strength, it outperformed 84.59% 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) | 48.3 | NEUTRAL | The RSI value for CSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests CSX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.95 | NEUTRAL | The Stochastics value for CSX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for CSX suggests some volalility. |
| Average Directional Index/ADX (14) | 27.67 | POSITIVE | The high ADX value value for CSX suggests a strong trend. |
CSX Chart- and CandleStick Pattern Analysis
CSX Technicals: Chart, Performance Metrics, Trend & Indicators
39.67
+0.12 (+0.3%)
CSX CORP / CSX TA FAQ
Can you provide the ChartMill technical rating for CSX CORP?
ChartMill assigns a technical rating of 8 / 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 48.2955. 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 -0.109953, indicating a bearish trend.
Can you provide the short term momentum for CSX CORP?
The short term momentum for CSX CORP (CSX) is neutral.