CSX CORP.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
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Type:	Stocks
Ticker:	CSX
ISIN:

CSX CORP. - Weekly - Technical analysis published on 02/09/2022 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

11%

39%

50%

My opinion

Bullish above 29.71 USD

My targets

37.71 USD (+9.30%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CSX CORP.. As long as you are above the support located at 29.71 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 37.71 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 29.71 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

2.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Rom_bitc. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CSX CORP. rating is 34.50 USD. The price registered a decrease of -2.02% over 5 days and was traded between 33.50 USD and 34.53 USD over the period. The price is currently at +2.99% from its lowest point and -0.07% from its highest point.

33.50

34.53

34.50

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CSX CORP.:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 CSX CORP. in Weekly shows an overall bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral 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.

Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner found no further results concerning independent technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Weekly

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	26.82	29.71	34.40	34.50	37.71
Change (%)	-22.26%	-13.88%	-0.29%	-	+9.30%
Change	-7.68	-4.79	-0.10	-	+3.21
Level	Major	Intermediate	Major	-	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.83	33.24	33.68	34.09	34.53	34.94	35.38
Camarilla	33.88	33.95	34.03	34.11	34.19	34.27	34.34
Woodie	32.84	33.25	33.69	34.10	34.54	34.95	35.39
Fibonacci	33.24	33.57	33.77	34.09	34.42	34.62	34.94

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.30	33.09	33.70	34.49	35.10	35.89	36.50
Camarilla	33.92	34.04	34.17	34.30	34.43	34.56	34.69
Woodie	32.20	33.05	33.60	34.45	35.00	35.85	36.40
Fibonacci	33.09	33.63	33.96	34.49	35.03	35.36	35.89

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	48.00
MACD (12,26,9):	0.5800
Directional Movement:	-5.84
AROON (14):	-21.42
DEMA (21):	35.80
Parabolic SAR (0,02-0,02-0,2):	37.54
Elder Ray (13):	-1.11
Super Trend (3,10):	33.08
Zig ZAG (10):	34.11
VORTEX (21):	1.0800
Stochastique (14,3,5):	23.25
TEMA (21):	35.51
Williams %R (14):	-80.25
Chande Momentum Oscillator (20):	-1.87
Repulse (5,40,3):	-1.5800
ROCnROLL:	-1
TRIX (15,9):	0.4100
Courbe Coppock:	6.45

MA7:	34.40
MA20:	34.83
MA50:	35.85
MA100:	34.74
MAexp7:	34.97
MAexp20:	34.86
MAexp50:	33.14
MAexp100:	30.46
Price / MA7:	+0.29%
Price / MA20:	-0.95%
Price / MA50:	-3.77%
Price / MA100:	-0.69%
Price / MAexp7:	-1.34%
Price / MAexp20:	-1.03%
Price / MAexp50:	+4.10%
Price / MAexp100:	+13.26%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on CSX CORP. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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