pool adsCSX $CSX is Weak on a Near Term basis, Shown in Charts and Graphs
CSX (NYSE: CSX) is Weak on a Near Term basis, Shown in Charts and Graphs below.
Suggestion: update this report regularly because the data changes as the stock price changes over time.
The technical data in the table below shows both support and resistance levels, and that data allows us to create objective trading plans. The data can be used to create swing trading, day trading, and longer term trading plans, each with integrated risk controls; we do this for about 1300 other stocks too.
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Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Weak | Neutral | Neutral |
| P1 | 64.18 | 63.02 | 59.14 |
| P2 | 64.85 | 66.43 | 64.78 |
| P3 | 66.05 | 69.69 | 70.10 |
Support and Resistance Plot Chart for CSX
Long Term Trading Plans for CSX
July 16, 2018, 3:26 pm ET
The technical Summary and associated Trading Plans for CSX listed below will help you make important timing decisions for your trades. This data is based on our proprietary analysis for CSX. In addition we offer Market Timing Models and Stock Filters in the links above which may increase the proficiency of the decisions you make.
CSX - (Long) Support Plan
Buy over 59.14 target 64.78 stop loss @ 58.88.
The technical summary data tells us to buy CSX near 59.14 with an upside target of 64.78. This data also tells us to set a stop loss @ 58.88 to protect against excessive loss in case the stock begins to move against the trade. 59.14 is the first level of support below 63.64 , and by rule, any test of support is a buy signal. In this case, support 59.14 would be being tested, so a buy signal would exist.
CSX - (Short) Resistance Plan
Short under 64.78 target 59.14 stop loss @ 65.04.
The technical summary data is suggesting a short of CSX as it gets near 64.78 with a downside target of 59.14. We should have a stop loss in place at 65.04 though. 64.78 is the first level of resistance above 63.64, and by rule, any test of resistance is a short signal. In this case, if resistance 64.78 is being tested, so a short signal would exist.
Blue = Current Price
Red= Resistance
Green = Support
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