csx corporation technical analysis charts
TRANSCRIPT
March 25, 2016
CSX: CSX Corporation technical analysis charts
On Thursday, compared to Wednesday, price action opened lower (25.77, vs
Wednesday's close of 25.86), saw a lower high (26.18, vs Wednesday's high of
26.37) and lower low (25.50, vs Wednesday's low of 25.81); and closed higher
(26.17, vs Wednesday's close of 25.86). The day's range was 68 ticks.
On the DAILY BOLLINGER BANDS CHART below, Thursday represents the 2nd
consecutive entire day above the middle of the Bollinger Band envelope (25.58),
generating a negative signal towards the middle of the envelope The Bollinger
Bands (23.91-27.24) are pointing higher; and narrowed from a width of 345 ticks
on Wednesday to a width of 333 ticks on Thursday.
The RSI (57.54) below is in neutral mode between the key 20 (oversold) and 80
(overbought) levels.
March 25, 2016
The MACD 12 day moving average is below the MACD 26 day moving average;
both are above zero and rising.
The Slow Stochastics, below, is in neutral mode.
The Commodity Channel Index (36.35), below, is in negative mode below the
overbought 200 level.
On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action rose
towards the top of the 20 day moving average envelope (25.58). The parameters
of the envelope (24.81-26.34) are pointing higher.
March 25, 2016
On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving
average (26.41, moving down) is above the 20 day moving average (25.58, moving
up), in positive mode. The 3-50 day strip of moving averages ranges from the 50
day moving average (24.21) at the bottom of the range to the 5 day moving
average (26.41) at the top of the range.
The Parabolic Stop and Reverse (27.23) below is in the 2nd day of sell mode.
March 25, 2016
On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 2nd
consecutive entire week below the top Bollinger Band (29.32). The Bollinger
Bands (21.45-29.32) are converging; contracting from a width of 798 ticks on
Wednesday to a width of 787 ticks on Thursday.