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Takip Edin: @UscMarketsCSX Stock Forecast & CSX Corporation Chart Analysis
This article provides a detailed analysis of CSX-CSX Corporation stock including a forecast for CSX shares. It features CSX Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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CSX Historical Data Review
CSX Current Price Performance Analysis
The CSX Corporation - CSX stock traded on the American stock market, on 06-05-2024, closed at 33.05$ with a %0.85 increased compared to the previous day.
In the last month, the price of CSX changed by %-1.87 decreased in value, from 33.68 dollars on 05-06-2024 to 33.05 dollars, decreased.
Last year, the price of CSX was 31.94 dollars on 06-06-2023, and changed by %3.48 increased in value, to 33.05 dollars increased within a year.
The price of CSX Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
CSX with AI Stock Forecast & Price Target
On the CSX chart CSX Corporation price was recorded as 33.05 Dollars on 06/05/2024.
The artificial intelligence's forecast on CSX stock is as follows.
The artificial intelligence's prediction error margin for CSX stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for CSX Corporation stock over the next 4 months is: 36.2 Dollars.
The commentary on CSX stock Target Price: Highest: 37.853 Dollars is predicted.
The commentary on CSX stock Target Price: Lowest: 32.77 Dollars is predicted.
Resistance Price where CSX Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 36.433 |
| 10-08-2024 | 36.949 |
| 12-02-2024 | 37.853 |
| 01-31-2025 | 36.616 |
| 03-12-2025 | 37.811 |
Support Price where CSX Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-14-2024 | 32.770 |
| 10-28-2024 | 36.646 |
| 01-06-2025 | 36.395 |
| 02-05-2025 | 36.563 |
The commentary on CSX stock: Fluctuations in the target price can be expected in the coming days.
The target price for CSX Corporation stock by the end of 2024 is predicted to be 36.536 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CSX stock, and the 2024 target price predictions for CSX Corporation are detailed above.
The technical analysis and charts for the commentary on CSX stock are below.
CSX Support & Resistance and Trend Analysis
CSX stock you have reviewed the technical analysis support resistance charts regarding.
CSX : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CSX review, the CSX Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
CSX Corporation Support and Resistance Prices:
| CSX Support Level Price | CSX Resistance Level Price |
|---|---|
| 32.59 | 34.12 |
| 32.78 | 34.69 |
| 32.96 | 34.84 |
| 33.45 | 34.97 |
| 34.18 | 34.98 |
| 34.23 | 35.09 |
| 35.10 | 35.50 |
| 35.70 | 36.75 |
| 36.35 | 37.17 |
| 36.70 | 38.03 |
| 38.35 | |
| 38.61 | |
| 40.12 |
CSX Technical Analysis: SMA, RSI, MACD
Upon reviewing the CSX chart, buy and sell signals have been generated in the CSX Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for CSX stock are as follows:- CSX technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for CSX Corporation gave a 'Buy' signal when the RSI was at 27.823, with the current RSI value at 42.084.
- The technical analysis for CSX Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for CSX Corporation stock: Click here to read more predictions on Volkswagen AG stock.
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