CSX CORP.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	CSX
ISIN:

CSX CORP. - 1H - Technical analysis published on 09/13/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

22%

My opinion

Bullish above 30.08 USD

My targets

30.89 USD (+1.01%)

31.59 USD (+3.30%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CSX CORP. as long as the price remains well above 30.08 USD. The buyers' bullish objective is set at 30.89 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 31.59 USD. If there is any crossing, the next objective would be the resistance located at 32.49 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

6.1

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.

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Additional analysis

Quotes

The CSX CORP. rating is 30.58 USD. The price registered a decrease of -0.03% on the session and was traded between 30.08 USD and 30.66 USD over the period. The price is currently at +1.66% from its lowest and -0.26% from its highest.

30.08

30.66

30.58

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

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of CSX CORP. in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This 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.

An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	29.56	30.08	30.53	30.58	30.89	31.59	32.49
Change (%)	-3.34%	-1.64%	-0.16%	-	+1.01%	+3.30%	+6.25%
Change	-1.02	-0.50	-0.05	-	+0.31	+1.01	+1.91
Level	Major	Major	Intermediate	-	Intermediate	Intermediate	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	29.46	29.78	30.19	30.51	30.92	31.24	31.65
Camarilla	30.39	30.46	30.52	30.59	30.66	30.72	30.79
Woodie	29.50	29.80	30.23	30.53	30.96	31.26	31.69
Fibonacci	29.78	30.06	30.23	30.51	30.79	30.96	31.24

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	28.21	28.83	29.39	30.01	30.57	31.19	31.75
Camarilla	29.63	29.73	29.84	29.95	30.06	30.17	30.28
Woodie	28.18	28.82	29.36	30.00	30.54	31.18	31.72
Fibonacci	28.83	29.28	29.56	30.01	30.46	30.74	31.19

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.75	27.88	29.04	31.17	32.33	34.46	35.62
Camarilla	29.30	29.60	29.90	30.20	30.50	30.80	31.11
Woodie	25.27	27.64	28.56	30.93	31.85	34.22	35.14
Fibonacci	27.88	29.14	29.91	31.17	32.43	33.20	34.46

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):	60.36
MACD (12,26,9):	0.1300
Directional Movement:	12.71
AROON (14):	-28.57
DEMA (21):	30.54
Parabolic SAR (0,02-0,02-0,2):	30.78
Elder Ray (13):	0.14
Super Trend (3,10):	30.13
Zig ZAG (10):	30.57
VORTEX (21):	1.1500
Stochastique (14,3,5):	68.86
TEMA (21):	30.64
Williams %R (14):	-34.21
Chande Momentum Oscillator (20):	0.22
Repulse (5,40,3):	0.3100
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	2.12

MA7:	30.06
MA20:	30.38
MA50:	31.73
MA100:	31.81
MAexp7:	30.51
MAexp20:	30.38
MAexp50:	30.27
MAexp100:	30.39
Price / MA7:	+1.73%
Price / MA20:	+0.66%
Price / MA50:	-3.62%
Price / MA100:	-3.87%
Price / MAexp7:	+0.23%
Price / MAexp20:	+0.66%
Price / MAexp50:	+1.02%
Price / MAexp100:	+0.63%

Quotes : - 15 min delayed data - NASDAQ Stocks

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:

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

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