NORFOLK SOUTHERN

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	NSC
ISIN:

NORFOLK SOUTHERN - Daily - Technical analysis published on 11/08/2019 (GMT)

Who voted?
350
0

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 190.80 USD

My targets

196.89 USD (+0.76%)

203.04 USD (+3.90%)

My analysis

NORFOLK SOUTHERN 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 190.80 USD. The next resistance located at 196.89 USD is the next bullish objective 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 203.04 USD. After this resistance, buyers could then target 206.70 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

FORCE

8.2

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NORFOLK SOUTHERN rating is 195.41 USD. On the day, this instrument lost -0.09% with the lowest point at 194.88 USD and the highest point at 196.50 USD. The deviation from the price is +0.27% for the low point and -0.55% for the high point.

194.88

196.50

195.41

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

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of NORFOLK SOUTHERN indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 16 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 : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	182.82	186.71	190.80	195.41	196.89	203.04	206.70
Change (%)	-6.44%	-4.45%	-2.36%	-	+0.76%	+3.90%	+5.78%
Change	-12.59	-8.70	-4.61	-	+1.48	+7.63	+11.29
Level	Minor	Intermediate	Major	-	Intermediate	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	190.78	192.57	194.08	195.87	197.38	199.17	200.68
Camarilla	194.67	194.98	195.28	195.58	195.88	196.19	196.49
Woodie	190.63	192.50	193.93	195.80	197.23	199.10	200.53
Fibonacci	192.57	193.83	194.61	195.87	197.13	197.91	199.17

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	171.22	175.07	182.01	185.86	192.80	196.65	203.59
Camarilla	185.99	186.98	187.97	188.96	189.94	190.93	191.92
Woodie	172.77	175.85	183.56	186.64	194.35	197.43	205.14
Fibonacci	175.07	179.19	181.74	185.86	189.98	192.53	196.65

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	144.59	155.16	168.58	179.15	192.57	203.13	216.55
Camarilla	175.40	177.60	179.80	182.00	184.20	186.40	188.60
Woodie	146.02	155.87	170.01	179.86	193.99	203.85	217.98
Fibonacci	155.16	164.32	169.98	179.15	188.31	193.97	203.13

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):	67.11
MACD (12,26,9):	4.3200
Directional Movement:	24.34
AROON (14):	92.86
DEMA (21):	191.46
Parabolic SAR (0,02-0,02-0,2):	182.11
Elder Ray (13):	6.67
Super Trend (3,10):	183.14
Zig ZAG (10):	196.13
VORTEX (21):	1.2100
Stochastique (14,3,5):	87.03
TEMA (21):	194.64
Williams %R (14):	-8.24
Chande Momentum Oscillator (20):	7.93
Repulse (5,40,3):	1.4400
ROCnROLL:	1
TRIX (15,9):	0.2600
Courbe Coppock:	11.95

MA7:	190.58
MA20:	185.52
MA50:	179.68
MA100:	183.03
MAexp7:	191.81
MAexp20:	186.30
MAexp50:	182.52
MAexp100:	182.53
Price / MA7:	+2.53%
Price / MA20:	+5.33%
Price / MA50:	+8.75%
Price / MA100:	+6.76%
Price / MAexp7:	+1.88%
Price / MAexp20:	+4.89%
Price / MAexp50:	+7.06%
Price / MAexp100:	+7.06%

News

Don"t forget to follow the news on NORFOLK SOUTHERN. At the time of publication of this analysis, the latest news was as follows:

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

About author

Londinia AI

Online

Overall rating :

15106

Number of analyses :

72424

Followers :

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…