RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CSX
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CSX Corporation stock price ended at $37.07 on Thursday, after gaining 0.624%.
(Updated on Mar 28, 2024)

Sell candidate since Mar 26, 2024 Gain 2.60% PDF

The CSX Corporation stock price gained 0.624% on the last trading day (Thursday, 28th Mar 2024), rising from $36.84 to $37.07. During the last trading day the stock fluctuated 1.32% from a day low at $36.69 to a day high of $37.18. The price has been going up and down for this period, and there has been a 0.11% gain for the last 2 weeks. Volume fell on the last day by -247 thousand shares and in total, 8 million shares were bought and sold for approximately $296.69 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.43% during the next 3 months and, with a 90% probability hold a price between $40.03 and $43.60 at the end of this 3-month period.

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CSX Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 2.60%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The CSX Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $37.10 and $37.45. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for CSX Corporation stock

CSX Corporation finds support from accumulated volume at $35.39 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.485 between high and low, or 1.32%. For the last week the stock has had daily average volatility of 1.87%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CSX) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect CSX Corporation to open at $36.98, and during the day (based on 14 day Average True Range), to move between $36.45 and $37.69, which gives a possible trading interval of +/-$0.620 (+/-1.67%) up or down from last closing price. If CSX Corporation takes out the full calculated possible swing range there will be an estimated 3.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $37.89 (2.21%) than the support at $35.39 (4.53%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is CSX Corporation stock A Buy?

The CSX Corporation stock holds several negative signals and despite the positive trend, we believe CSX Corporation will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.164 Sell Candidate Unchanged

Predicted Opening Price for CSX Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$36.98 ( 0.247%) $37.07

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CSX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 37.46 1.06 %
R2 37.28 0.561 %
R1 37.16 0.253 %
Current price: 37.07
Support S1 36.79 -0.747 %
S2 36.68 -1.06 %
S3 36.49 -1.56 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 38.33 3.40 %
R2 37.94 2.35 %
R1 37.89 2.21 %
Current price 37.07
Support S1 35.39 -4.53%
S2 35.00 -5.58%
S3 34.39 -7.23%

CSX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 14, 2024 Feb 28, 2024 Mar 15, 2024 $0.120 0.325%
2 Oct 11, 2023 Nov 29, 2023 Dec 15, 2023 $0.110 0.324%
3 Jul 12, 2023 Aug 30, 2023 Sep 15, 2023 $0.110 0.357%
4 May 10, 2023 May 30, 2023 Jun 15, 2023 $0.110 0.328%
5 Feb 14, 2023 Feb 27, 2023 Mar 15, 2023 $0.110 0.380%

FAQ

What is the symbol for CSX Corporation Stock and on which exchange is it traded?
The symbol for CSX Corporation is CSX and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell CSX Corporation Stock?
The CSX Corporation stock holds several negative signals and despite the positive trend, we believe CSX Corporation will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy CSX Corporation Stock?
CSX Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy CSX Corporation Stock.

What's the current price of CSX Corporation Stock?
As of the end of day on the 2024-03-28, the price of an CSX Corporation (CSX) share was $37.07.

What is the 52-week high and low for CSX Corporation Stock?
The 52-week high for CSX Corporation Stock is $40.05 and the 52-week low is $29.03.

What is the market capitalization of CSX Corporation Stock?
As of the 2024-03-28, the market capitalization of CSX Corporation is 72.625B.

When is the next earnings date for CSX Corporation?
The upcoming earnings date for CSX Corporation is Apr 18, 2024.
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About CSX Corporation

CSX CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It transports chemicals, agricultural and food products, automotive, minerals, forest products, fertilizers, and metals and equipment; and coal, coke, ... CSX Profile

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