NORFOLK SOUTHERN CORP (NSC)

US6558441084 - Common Stock

261.26  -3.5 (-1.32%)

After market: 261.26 0 (0%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to NSC. Both in the recent history as in the last year, NSC has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NSC did better than 70% of all other stocks.
NSC 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 NSC is lagging the market slightly.
NSC has an average volume of 1223190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NSC is part of the Ground Transportation industry. There are 38 other stocks in this industry, NSC did better than 64% of them.
In the last month NSC has a been trading in the 246.18 - 277.60 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
NSC Weekly chart
NSC Daily chart
Setup Rating and Analysis

7

NSC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 252.98, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

229.60

263.87

3 important support areas can be observed.

  • A support zone ranging from 243.19 to 252.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @237.18 from a horizontal line in the daily time frame.
  • Support @231.92 from a trend line in the weekly time frame.

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
CRS70.3
Mansfield-0.27
10 Day High277.6
10 Day Low246.18
20 Day High277.6
20 Day Low246.18
52 Week High277.6
52 Week Low206.71
Performance
1 Week-3.83%
2 Weeks4.47%
1 Month3.52%
3 Month8.66%
6 Month12.87%
12 Month23.8%
2 Year1.86%
3 Year-1.51%
5 Year35.02%
10 Year134.02%
15 Year408.29%
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)0.35
RSI(14)52.65
LBB241.9
UBB280.75
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
265.30246.1719.14 (7.21%)13.86%
An entry @265.30. This is a Buy Stop order right above the 10 day moving average.An exit @246.17. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 19.14 points, which is 7.21%.For a 1.00% total portfolio risk, you can invest 13.86% of your capital in this trade.

  • 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.
NSC Daily chart

NORFOLK SOUTHERN CORP

NYSE:NSC (11/15/2024, 8:04:00 PM)

After market: 261.26 0 (0%)

261.26

-3.5 (-1.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-1.32%
1 Week-3.83%
2 Weeks4.47%
1 Month3.52%
3 Month8.66%
6 Month12.87%
12 Month23.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.64
ATR(20)%2.55%
ATR Inc
Range Today6.11
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 High277.6
10 Day Low246.18
20 Day High277.6
20 Day Low246.18
52 Week High277.6
52 Week Low206.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.15M
Volume Incr-18.78%
Vol(5)1.08M
Vol(50)1.22M