Csx Corporation Stock Technical Analysis

CSX Stock  USD 34.39  0.23  0.67%   
As of the 19th of April, CSX shows the mean deviation of 0.7514, and Risk Adjusted Performance of (0.0008). CSX Corporation technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect thirteen technical drivers for CSX Corporation, which can be compared to its peers. Please confirm CSX Corporation risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if CSX Corporation is priced some-what accurately, providing market reflects its regular price of 34.39 per share. Given that CSX has information ratio of (0.08), we suggest you to validate CSX Corporation's prevailing market performance to make sure the company can sustain itself at some point in the future.

CSX Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CSX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CSX
  
CSX's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

CSX Analyst Consensus

Target PriceAdvice# of Analysts
36.38Strong Buy28Odds
CSX Corporation current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most CSX analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand CSX stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CSX Corporation, talking to its executives and customers, or listening to CSX conference calls.
CSX Analyst Advice Details
CSX technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of CSX technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CSX trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

CSX Corporation Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of CSX Corporation volatility. High ATR values indicate high volatility, and low values indicate low volatility.

CSX Corporation Trend Analysis

Use this graph to draw trend lines for CSX Corporation. You can use it to identify possible trend reversals for CSX as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual CSX price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

CSX Best Fit Change Line

The following chart estimates an ordinary least squares regression model for CSX Corporation applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that the returns on investment in CSX Corporation will continue to fail. It has 122 observation points and a regression sum of squares at 4.92, which is the sum of squared deviations for the predicted CSX price change compared to its average price change.

About CSX Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of CSX Corporation on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of CSX Corporation based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CSX Corporation price pattern first instead of the macroeconomic environment surrounding CSX Corporation. By analyzing CSX's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of CSX's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to CSX specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0099170.01290.01270.0228
Price To Sales Ratio6.764.464.754.99

CSX April 19, 2024 Technical Indicators

Most technical analysis of CSX help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for CSX from various momentum indicators to cycle indicators. When you analyze CSX charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether CSX Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CSX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Csx Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Csx Corporation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for CSX Stock analysis

When running CSX's price analysis, check to measure CSX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CSX is operating at the current time. Most of CSX's value examination focuses on studying past and present price action to predict the probability of CSX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSX's price. Additionally, you may evaluate how the addition of CSX to your portfolios can decrease your overall portfolio volatility.
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Is CSX's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CSX. If investors know CSX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CSX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.1)
Dividend Share
0.33
Earnings Share
1.85
Revenue Per Share
7.287
Quarterly Revenue Growth
(0.01)
The market value of CSX Corporation is measured differently than its book value, which is the value of CSX that is recorded on the company's balance sheet. Investors also form their own opinion of CSX's value that differs from its market value or its book value, called intrinsic value, which is CSX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CSX's market value can be influenced by many factors that don't directly affect CSX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CSX's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.