CSX CORP. - 1H - Technical analysis published on 02/02/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 34.40 USD
My targets
35.32 USD (+0.57%)
36.24 USD (+3.19%)
My analysis
CSX CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 34.40 USD. The next resistance located at 35.32 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 36.24 USD. After this resistance, buyers could then target 36.85 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.3
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This analysis was given by Rom_bitc. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CSX CORP. rating 35.12 USD. The price has increased by +1.15% since the last closing with the lowest point at 34.62 USD and the highest point at 35.19 USD. The deviation from the price is +1.44% for the low point and -0.20% for the high point.34.62
35.19
35.12
Here is a more detailed summary of the historical variations registered by CSX CORP.:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CSX CORP. indicates that the overall trend is bullish. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 32.86 | 33.98 | 34.40 | 35.12 | 35.32 | 36.24 | 36.85 |
| Change (%) | -6.44% | -3.25% | -2.05% | - | +0.57% | +3.19% | +4.93% |
| Change | -2.26 | -1.14 | -0.72 | - | +0.20 | +1.12 | +1.73 |
| Level | Intermediate | Minor | Major | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33.82 | 34.02 | 34.37 | 34.57 | 34.92 | 35.12 | 35.47 |
| Camarilla | 34.57 | 34.62 | 34.67 | 34.72 | 34.77 | 34.82 | 34.87 |
| Woodie | 33.90 | 34.06 | 34.45 | 34.61 | 35.00 | 35.16 | 35.55 |
| Fibonacci | 34.02 | 34.23 | 34.36 | 34.57 | 34.78 | 34.91 | 35.12 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.78 | 32.46 | 33.45 | 34.13 | 35.12 | 35.80 | 36.79 |
| Camarilla | 33.97 | 34.12 | 34.28 | 34.43 | 34.58 | 34.74 | 34.89 |
| Woodie | 31.93 | 32.54 | 33.60 | 34.21 | 35.27 | 35.88 | 36.94 |
| Fibonacci | 32.46 | 33.10 | 33.50 | 34.13 | 34.77 | 35.17 | 35.80 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.38 | 30.27 | 32.24 | 35.13 | 37.10 | 39.99 | 41.96 |
| Camarilla | 32.88 | 33.33 | 33.78 | 34.22 | 34.67 | 35.11 | 35.56 |
| Woodie | 26.93 | 30.04 | 31.79 | 34.90 | 36.65 | 39.76 | 41.51 |
| Fibonacci | 30.27 | 32.12 | 33.27 | 35.13 | 36.98 | 38.13 | 39.99 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 69.89 | |
| MACD (12,26,9): | 0.2700 | |
| Directional Movement: | 15.71 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 34.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 34.33 | |
| Elder Ray (13): | 0.33 | |
| Super Trend (3,10): | 34.41 | |
| Zig ZAG (10): | 35.15 | |
| VORTEX (21): | 1.2200 | |
| Stochastique (14,3,5): | 94.90 | |
| TEMA (21): | 35.18 | |
| Williams %R (14): | -7.85 | |
| Chande Momentum Oscillator (20): | 0.41 | |
| Repulse (5,40,3): | 0.3300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 4.04 |
| MA7: | 34.20 | |
| MA20: | 35.45 | |
| MA50: | 36.00 | |
| MA100: | 34.60 | |
| MAexp7: | 34.98 | |
| MAexp20: | 34.65 | |
| MAexp50: | 34.49 | |
| MAexp100: | 34.84 | |
| Price / MA7: | +2.69% | |
| Price / MA20: | -0.93% | |
| Price / MA50: | -2.44% | |
| Price / MA100: | +1.50% | |
| Price / MAexp7: | +0.40% | |
| Price / MAexp20: | +1.36% | |
| Price / MAexp50: | +1.83% | |
| Price / MAexp100: | +0.80% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on CSX CORP. at the time of the generation of this analysis was as follows:
- Thinking about buying stock in Ardelyx, Celyad Oncology, CSX Corp, American Airlines, or Biolase?
- Maughan Capital completes investment into Climate Solutions Exchange Ltd. (CSX)
- Thinking about trading options or stock in Tesla, Paypal, Pinterest, IBM, or CSX Corp?
- Thinking about buying stock in PainReform, Norwegian Cruise Line, Seres Therapeutics, CSX Corp, or Neptune Wellness Solutions?
- Thinking about buying stock in Aerpio Pharmaceuticals, Lufax, Verb Technology, CSX Corp, or Capital One Financial?
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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