CSX CORP (CSX)

US1264081035 - Common Stock

35.34  +0.77 (+2.23%)

After market: 35.31 -0.03 (-0.08%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to CSX. Although CSX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
CSX has an average volume of 12031000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CSX turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
CSX is an average performer in the Ground Transportation industry, it outperforms 48% of 38 stocks in the same industry.
CSX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CSX is lagging the market.
In the last month CSX has a been trading in the 32.96 - 37.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CSX Weekly chart
CSX Daily chart
Setup Rating and Analysis

6

CSX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

30.72

38.77

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 34.43 to 34.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 33.07 to 33.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 32.17 to 32.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @31.03 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 37.87 to 38.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.85
Mansfield-0.98
10 Day High36.96
10 Day Low34.41
20 Day High37.1
20 Day Low32.96
52 Week High40.12
52 Week Low31.65
Performance
1 Week-0.81%
2 Weeks-0.62%
1 Month6.77%
3 Month4.9%
6 Month4.62%
12 Month8.27%
2 Year8.11%
3 Year1.96%
5 Year48.2%
10 Year190.55%
15 Year123.29%
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)53.96
LBB33.43
UBB37.31
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
35.5534.421.13 (3.17%)25.00%
An entry @35.55. This is a Buy Stop order right above the 10 day moving average.An exit @34.42. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.13 points, which is 3.17%.For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of CSX. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CSX Daily chart

CSX CORP

NASDAQ:CSX (11/21/2024, 7:16:12 PM)

After market: 35.31 -0.03 (-0.08%)

35.34

+0.77 (+2.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg2.23%
1 Week-0.81%
2 Weeks-0.62%
1 Month6.77%
3 Month4.9%
6 Month4.62%
12 Month8.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.91
ATR(20)%2.22%
ATR Inc
Range Today0.76
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High36.96
10 Day Low34.41
20 Day High37.1
20 Day Low32.96
52 Week High40.12
52 Week Low31.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume12.04M
Volume Incr-29.4%
Vol(5)9.40M
Vol(50)12.03M