Trading Signals: CSX Stock Price Prediction and Forecast

^ CSX: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Tue. Jan. 26, 2021

Trading Signals: CSX Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Tue. Jan. 26, 2021)

(CSX Corp)
CSX latest price $86.8700 (-1.18%) ($86.6100 - $86.8700) on Tue. Jan. 26, 2021.

Trend Analysis and Forecast

Trend Pattern   Growing Downtrend
Trend Narrative   Downtrend
Average Daily Price Swing   $2.88 (3.14% one month average)
Average Daily Percentage Swing   1.6% (three month average)
Weekly Trend Force   -0.8% (StdDev 1.6%)
Daily Moving Force   -1.1%
Rebound Strength   None(0%)
Trend   -0.34%
Trend Strength   -0.1%
RSI   47
Momentum   2
Latest Price   $86.8700(-1.18%)
Forecasted Low Price   85.39(-1.7%)
Forecasted High Price   87.22(0.4%)
Direction of Next Movement   Lower(-2.2%)
% Change Needed to Confirm Rebound   3.5% ((89.88))
% Change Needed for Trend Reversal   6.2%
Hourly Trend -0.5% [$87.1(-0.45), $88.42(-1.6)]
Stocks Behave Similarly   Similar Stock List
Complacency   1
Intraday Reversal Probability   There's a high probability the price will reverse sharply to upside intraday or next day..
Daily Trend   CSX declines -1.3% a day on average for past five trading days.
Weekly Trend   CSX declines -2.3% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support CSX decline at-0.4% a week (75% probability)
XLI(79%)    IVE(74%)    IWD(74%)    IYT(74%)    XLB(73%)
Factors Impacting CSX price   CSX will decline at least -0.5% in a week (40% probabilities).
VXX(-47%)    VIXM(-45%)    SHY(-40%)    TLT(-33%)    BND(-27%)
Explanation The decline is sustainable and supported by the broad market.
Trading Plan   Not Available

Valuation to SPY -2.2

Relative Volatility 1.4 (options are expensive)

Market Trend Strength   -1.7% (StdDev 1.6%)
Hourly BBV -4.4 ()
Intraday Trend 0%

Next Day Open Price   $86.78(-0.1%)
Resistance Level   $91.71
5 Day Moving Average   $89.49(-2.93%)
10 Day Moving Average   $91.6(-5.16%)
20 Day Moving Average   $91.71(-5.28%)
To recent high   -9.6%
To recent low   14.4%
Market Cap   $66.46b

Option Sentiment

Earning Release Date   Tue. Jan. 19, 2021
Analyst One Year Target Price   $90.00 ($52.00 - $102.00)
  25 analysts (last updated on Tue. Nov. 24, 2020)
% to Average Target Price   3.6%
% to Low Target Price   -40.14%
% to High Target Price   17.42%

CSX Corp. engages in the provision of rail-based freight transportation services. Its services include rail service, the transport of intermodal containers and trailers, rail-to-truck transfers and bulk commodity operations. The company was founded in 1827 and is headquartered in Jacksonville, FL.

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. CSX price fluctuates within 3.14% (three month std-dev: 1.6% one year average std_dev: 0%) daily (68% of days).
$. CSX price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Jan_26_2021	91.71 (-0%)	91.6 (-0.4%)	89.49 (-1.3%)	88.42	87.1(0%)	86.87(-1.18%)	86.61-86.87	-1.4(-1.7)	-4.4	-1.1%	-0.8%	0%	-0.34%	-0.1%	47	2	Growing Downtrend	Lower(-1.3%)	1	-2.2	1.5	Downtrend	86.22(-0.75%)	85.64-87.55	3.12	-9.6%-14.4%
2	Jan_25_2021	91.9 (0%)	92.54 (-0.2%)	90.65 (-1.2%)	90.02	87.55(0%)	87.91(0.25%)	85.88-87.91	-1.3(-1.5)	-1.4	-1.9%	-0.6%	0%	-0.12%	0.7%	55	1.8	Growing Downtrend	Lower(-2.5%)	2	-2.3	2.2	Relative Oversold	88.61(0.8%)	87.15-89.82	4.97	-8.5%-15.8%
3	Jan_22_2021	92.03 (0%)	93.34 (0%)	91.76 (-1.3%)	91.33	89.73(0%)	87.7(-4.43%)	87.7-87.7	-1.5(-1.7)	-2	-2.2%	-0.6%	0%	0.06%	1.4%	46	1.7	N/A	Range(-0.6%)	3	-2.9	2.1	Range Bound	88.31(0.69%)	89.04-87.7	5.31	-8.7%-15.5%
4	Jan_21_2021	92.16 (0.2%)	94.05 (0.2%)	92.93 (-0.6%)	92.67	92.49(0%)	91.76(-1.57%)	91.76-91.76	-0.2(-0.2)	-1.3	-0.5%	-0%	0%	0.22%	2.1%	56	1.6	Downtrend Reversal	Range(0.3%)	4	-1.5	2.4	Uptrend Consolidation	91.94(0.2%)	91.88-92.15	3.09	-4.5%-20.9%
5	Jan_20_2021	92.06 (0.2%)	94.1 (0.4%)	93.52 (-0.6%)	93.1	92.92(0%)	93.23(0.62%)	93.23-93.23	0.4(0.5)	-1.2	-0.2%	0.3%	0%	0.32%	2.2%	63	1.6	Correction	Range(0.1%)	5	-0.7	2.3	Uptrend	93.76(0.57%)	92.98-94.09	2	-3%-22.8%

6	Jan_19_2021	91.93 (0.2%)	93.79 (0.4%)	94.07 (-0.7%)	93.47	92.85(0%)	92.65(-0.87%)	92.55-92.65	0.2(0.3)	-1.7	-0.7%	0.3%	0%	0.38%	2%	57	1.7	Correction	Range(0%)	5	-0.2	2.3	Uptrend	93.32(0.72%)	92.52-93.66	2.65	-3.6%-22.1%
7	Jan_15_2021	91.83 (0.2%)	93.4 (0.4%)	94.75 (-0.5%)	94.31	93.29(0%)	93.46(-0.12%)	91.89-93.46	0.6(0.7)	-2.2	-0.8%	0.2%	0%	0.44%	1.7%	61	1.7	Confirmed Correction	Range(-0.5%)	5	0.9	2.5	Uptrend	94.25(0.85%)	93.14-94.73	4.16	-2.7%-23.1%
8	Jan_14_2021	91.62 (0.2%)	93.16 (0.6%)	95.19 (-0.1%)	95.06	94.09(0%)	93.57(-1.17%)	93.3-93.57	0.7(0.8)	-1.4	-0.9%	0.3%	0%	0.5%	1.7%	62	1.7	Confirmed Correction	Range(-0%)	6	0.6	2.5	Uptrend	94.52(1.02%)	93.19-95.09	2.39	-2.6%-23.3%
9	Jan_13_2021	91.45 (0.2%)	92.86 (0.6%)	95.31 (0.6%)	95.6	95.33(0%)	94.68(-1.34%)	94.68-94.68	1.1(1.3)	0.5	-0.2%	0.5%	0%	0.54%	1.5%	66	1.7	Uptrend	Higher(1%)	6	1.1	1.9	Uptrend Dip	97.15(2.61%)	93.65-98.03	3.95	-1.5%-24.7%
10	Jan_12_2021	91.15 (0.2%)	92.34 (0.6%)	94.73 (1.4%)	95.48	96.03(0%)	95.97(-0.11%)	95.97-95.97	1.8(2)	4.5	0.7%	0.5%	0%	0.46%	1.3%	70	1.6	Growing Uptrend	Higher(1.3%)	7	2.2	2	Relative Overbought	96.13(0.17%)	93.35-98.4	2.14	-0.1%-26.4%

11	Jan_11_2021	90.85 (0.2%)	91.78 (0.4%)	93.44 (1.8%)	94.44	95.87(0%)	96.08(0.44%)	96.08-96.08	2.2(2.5)	2.9	1.4%	0.6%	-0.9%	0.34%	1%	66	1.5	Overbought	Lower(-1.2%)	7	2.7	1.6	Approaching Top	95.71(-0.38%)	93.21-97.77	3.11	0%-26.6%
12	Jan_8_2021	90.52 (0%)	91.14 (0.2%)	91.82 (1.1%)	92.79	94.94(0%)	95.66(1.62%)	95.66-95.66	2.7(3)	2.3	1.8%	0.6%	-2.4%	0.16%	0.7%	64	1.2	Overbought	Lower(-4.1%)	6	2.2	1	N/A	94.74(-0.96%)	92.78-96.35	3.18	0%-26%
13	Jan_7_2021	90.3 (-0%)	90.5 (0.2%)	90.87 (0.8%)	90.88	93.01(0%)	94.14(2.54%)	94.14-94.45	2.9(3.1)	1.8	1.7%	0.4%	-2.1%	0.08%	0.2%	65	0.8	Overbought	Lower(-3.6%)	6	1.4	0.6	Uptrend Reversal	94.54(0.43%)	94.2-94.78	2.64	0%-24%
14	Jan_6_2021	90.14 (-0%)	90.01 (0%)	90.12 (0.6%)	89.97	90.65(0%)	91.8(2.56%)	91.8-91.8	1.6(1.8)	1.7	1.3%	0.2%	0%	-0%	-0.1%	55	0.6	N/A	Higher(1.5%)	5	0.6	-0.8	Rebound	91.02(-0.85%)	91.8-90.69	3.18	-1.2%-20.9%
15	Jan_5_2021	90.13 (-0%)	89.77 (-0%)	89.63 (-0.3%)	89.63	88.76(0%)	89.51(1.69%)	89.51-89.51	-0.6(-0.7)	0.5	-0.3%	-0.1%	0%	-0.04%	-0.4%	53	0.6	N/A	Range(-0.4%)	5	-1.1	-0.3	Growing Downtrend	89.51(-0%)	89.47-89.62	2.34	-3.7%-17.9%

16	Jan_4_2021	90.24 (-0%)	89.87 (-0%)	89.87 (-0.4%)	89.59	89.29(0%)	88.02(-3.14%)	88.02-88.02	-2(-2.3)	-2	-1%	-0.3%	0%	-0.02%	-0.4%	42	0.7	Oversold	Range(0.3%)	5	-2.1	-0.7	Oversold	88.62(0.68%)	88-88.78	3.15	-5.3%-16%
17	Dec_31_2020	90.38 (-0%)	90.14 (0%)	90.27 (0.2%)	90.26	90.5(0%)	90.87(0.51%)	89.66-90.87	0.5(0.6)	2.3	0.4%	0.1%	0%	0.02%	-0.3%	53	0.6	N/A	Range(0.5%)	7	-0.8	1.1	Uptrend Reversal	91.15(0.31%)	90.91-91.31	2.98	-2.2%-19.7%
18	Dec_30_2020	90.36 (-0%)	89.99 (-0%)	90.05 (0.2%)	90.13	89.89(0%)	90.41(1.18%)	90.41-90.49	0.1(0.1)	0	%	0%	0%	-0.04%	-0.4%	42	0.6	N/A	Range(0%)	7	-0.9	0.9	After Bottom	90.35(-0.07%)	90.35-90.35	1.32	-2.7%-19.1%
19	Dec_29_2020	90.37 (-0%)	89.95 (-0%)	89.87 (-0.1%)	89.96	90.02(0%)	89.36(-1.47%)	89.36-89.36	-1.2(-1.2)	-1.6	-0.2%	0%	0%	-0.08%	-0.5%	40	0.6	N/A Downtrend Pop	Range(0.5%)	7	-1.9	1.2	Rebound	89.94(0.65%)	89.27-90.22	2.17	-3.9%-17.7%
20	Dec_28_2020	90.41 (-0.2%)	89.93 (-0.2%)	89.93 (0.1%)	90	90.36(0%)	90.69(0.73%)	90.69-90.69	0.3(0.3)	2.1	0.4%	0%	0%	-0.12%	-0.5%	42	0.6	Uptrend Reversal	Range(0.4%)	6	-0.9	0.8	Downtrend Consolidation	90.61(-0.09%)	90.61-90.61	1.25	-2.4%-19.5%

21	Dec_24_2020	90.43 (-0.2%)	89.93 (-0.2%)	89.88 (-0.1%)	89.73	89.9(0%)	90.03(0.3%)	90.03-90.03	-0.5(-0.5)	0.7	0.1%	-0%	0%	-0.16%	-0.6%	40	0.6	Downtrend Consolidation	Range(0.1%)	5	-0.8	1	Downtrend	89.94(-0.1%)	89.86-90.11	0.88	-3.2%-18.6%
22	Dec_23_2020	90.54 (-0.2%)	89.89 (-0.2%)	90.01 (0.1%)	89.85	89.65(0%)	89.76(0.26%)	89.76-89.76	-0.6(-0.8)	0.7	%	-0.2%	0%	-0.14%	-0.7%	48	0.7	Growing Downtrend	Range(-0.2%)	4	-0.8	1	Downtrend	89.7(-0.07%)	89.62-89.88	3.52	-3.4%-18.3%
23	Dec_22_2020	90.69 (-0.2%)	90.09 (-0.2%)	89.92 (-0.1%)	90.07	89.57(0%)	89.53(-0.09%)	89.53-89.53	-0.9(-1.1)	0.6	-0.3%	-0.2%	0%	-0.14%	-0.7%	46	0.7	Growing Downtrend	Range(-0.5%)	4	-0.9	1.2	Growing Downtrend	89.44(-0.1%)	89.32-89.71	3.5	-3.7%-18%
24	Dec_21_2020	90.82 (-0.2%)	90.28 (-0.2%)	90.04 (0.1%)	90.01	90.05(0%)	89.62(-0.96%)	89.62-89.62	-1(-1.2)	0.4	-0.3%	-0.2%	0%	-0.12%	-0.6%	47	0.7	Growing Downtrend	Range(-0%)	5	-1	0.1	Downtrend	89.58(-0.05%)	89.47-89.83	1.59	-3.6%-18.1%
25	Dec_18_2020	90.92 (-0.2%)	90.51 (-0.2%)	89.91 (0%)	90.14	90.57(0%)	90.48(-0.19%)	90.48-90.48	-0.3(-0.4)	0.2	0.5%	-0.1%	0%	-0.1%	-0.4%	53	0.7	Downtrend Consolidation	Range(0.5%)	5	-0.9	1.9	Downtrend	90.39(-0.1%)	90.33-90.53	2.32	-2.7%-19.2%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low