csx corporation technical analysis charts

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Page 1: CSX Corporation technical analysis charts

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.

Page 2: CSX Corporation technical analysis charts

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.

Page 3: CSX Corporation technical analysis charts

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.

Page 4: CSX Corporation technical analysis charts

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.