CSX CORP. - Daily - Technical analysis published on 10/21/2019 (GMT)
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- Timeframe : Daily
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- Status : NEUTRAL
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bearish
Technical indicators
39%
17%
44%
My opinion
Neutral between 67.36 USD and 69.42 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 69.42 USD. The first support is located at 67.36 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by CSX CORP..
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CSX CORP. rating is 68.67 USD. On the day, this instrument lost -1.59% and was between 68.30 USD and 69.21 USD. This implies that the price is at +0.54% from its lowest and at -0.78% from its highest.68.30
69.21
68.67
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CSX CORP.:
Technical
A technical analysis in Daily of this CSX CORP. chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
MACD indicator is back over 0
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near resistance of triangle
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 64.25 | 65.86 | 67.36 | 68.67 | 69.42 | 73.96 | 75.45 |
| Change (%) | -6.44% | -4.09% | -1.91% | - | +1.09% | +7.70% | +9.87% |
| Change | -4.42 | -2.81 | -1.31 | - | +0.75 | +5.29 | +6.78 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 66.26 | 67.90 | 68.84 | 70.48 | 71.42 | 73.06 | 74.00 |
| Camarilla | 69.07 | 69.31 | 69.54 | 69.78 | 70.02 | 70.25 | 70.49 |
| Woodie | 65.91 | 67.73 | 68.49 | 70.31 | 71.07 | 72.89 | 73.65 |
| Fibonacci | 67.90 | 68.89 | 69.49 | 70.48 | 71.47 | 72.07 | 73.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 62.56 | 64.10 | 66.57 | 68.11 | 70.58 | 72.12 | 74.59 |
| Camarilla | 67.95 | 68.32 | 68.68 | 69.05 | 69.42 | 69.79 | 70.15 |
| Woodie | 63.04 | 64.33 | 67.05 | 68.34 | 71.06 | 72.35 | 75.07 |
| Fibonacci | 64.10 | 65.63 | 66.58 | 68.11 | 69.64 | 70.59 | 72.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 58.11 | 61.78 | 65.52 | 69.19 | 72.93 | 76.60 | 80.34 |
| Camarilla | 67.23 | 67.91 | 68.59 | 69.27 | 69.95 | 70.63 | 71.31 |
| Woodie | 58.16 | 61.80 | 65.57 | 69.21 | 72.98 | 76.62 | 80.39 |
| Fibonacci | 61.78 | 64.61 | 66.36 | 69.19 | 72.02 | 73.77 | 76.60 |
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): | 51.72 | |
| MACD (12,26,9): | 0.0800 | |
| Directional Movement: | 10.55 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 68.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 66.17 | |
| Elder Ray (13): | 0.37 | |
| Super Trend (3,10): | 70.57 | |
| Zig ZAG (10): | 68.67 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 64.21 | |
| TEMA (21): | 68.57 | |
| Williams %R (14): | -51.11 | |
| Chande Momentum Oscillator (20): | 2.40 | |
| Repulse (5,40,3): | -2.1200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 0.15 |
| MA7: | 68.74 | |
| MA20: | 68.05 | |
| MA50: | 67.67 | |
| MA100: | 70.97 | |
| MAexp7: | 68.66 | |
| MAexp20: | 68.33 | |
| MAexp50: | 68.74 | |
| MAexp100: | 69.94 | |
| Price / MA7: | -0.10% | |
| Price / MA20: | +0.91% | |
| Price / MA50: | +1.48% | |
| Price / MA100: | -3.24% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.50% | |
| Price / MAexp50: | -0.10% | |
| Price / MAexp100: | -1.82% |
News
Don"t forget to follow the news on CSX CORP.. At the time of publication of this analysis, the latest news was as follows:
-
Jim Cramer Breaks Down Big Tech's Excursion to Capitol Hill, and CSX Earnings
- CSX Corp. to Host Earnings Call
- Option-trading opportunities on CSX Corp., Intel Corp., JPMorgan Chase & Co., Qualcomm Inc., and Unum Group
- Recent Analysis Shows Williams Partners, GameStop, Opko Health, Athersys, CSX, and Kratos Defense & Security Solutions Market Influences — Renewed Outlook, Key Drivers of Growth
- IIROC Trade Resumption / L'OCRCVM permet la reprise de la negociation - CSX
This member declared not having a position on this financial instrument or a related financial instrument.
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