After completing its last trading session, CSX Corporation (CSX) dropped by -1.1% – here is what that looked like (as of 2019-10-29):
What is the cause of all this?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most important ones are as follows:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.006, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.94, an Accumulation/Distribution Index (ADI) of 0.94, an On-Balance Volume (OBV) of 2729.806, and a Chaiikin Money Flow (CMF) of 72.32. 35.857
Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:
That is what an analysis of technical indicators seems to indicate for CSX Corporation (CSX). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.
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