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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 1/9/2026 -
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CSX Corp. (CSX) Technical Analysis

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Summary:
Weekly :Overbought sectorWeekly  MACD line has moved below its signal lineBroken trend resistance lineBroken trend support line
Daily :Williams' Percentage Range is oversoldPrice has crossed below the 50 Day Moving Average
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It was the negative week for the CSX Corp. (CSX). During the week, the CSX dropped -1.07 points, or -2.95%, and closed at 35.20 on Friday, January 9, 2026. It was the worst weekly loss since August 29, 2025. Weekly volume was 7% above average.

CSX is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See CSX long-term trend chart]
A long-term downtrend had started on February 23, 2024 at 40.05 and reached 26.22 on April 7, 2025. CSX lost 13.83 points, or 34.53%, in 58 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (21.00) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See CSX medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 26.22 and reached 37.54 on December 15, 2025. CSX gained -11.32 points, or -43.17%, in 36 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (35.45) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. CSX may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.

Weekly Technical Indicators: [See CSX weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.

Short-term trend: [See CSX short-term trend chart]
A short-term uptrend had started on September 10, 2025 at 31.80 and reached 37.54 on December 15, 2025. CSX gained -5.74 points, or -18.05%, in 96 days. The chart has formed a Rising Wedge chart pattern. The trend support level is at 34.81 and resistance is at 37.69. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a short-term trend.

Daily Technical Indicators: [See CSX daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The daily MACD line is below its signal line since December 19, 2025.

During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 27.04
Williams' Percentage Range (W%R) 87.20
Oversold
Lane's Stochastic (%D-Slow) 22.99
Greed/Fear Indicator (GFI) 20.95
Moving Average Converg./Diverg. (MACD) 0.10
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.73
Williams' Percentage Range (W%R) 41.50
Lane's Stochastic (%D-Slow) 72.77
Greed/Fear Indicator (GFI) 59.53
Moving Average Converg./Diverg. (MACD) 0.82
Trading Signals
Description Value Chart
Weekly Trendline Resistance 37.69
Monthly Trendline Resistance 37.53
Upper Bollinger Band 37.24
Weekly Stochastic Crossing 36.41
20 Day Moving Average 36.39
Parabolic System 35.91
50 Day Moving Average 35.71
Monthly Trendline Support 35.45
Daily Stochastic Crossing 35.24
Price 35.20
Weekly Trendline Support 34.81
Lower Bollinger Band 34.79
Quarterly Trendline Resistance 32.24
Sector and Industry
Description Name Rank
Sector Industrials 11
Industry Railroads 70
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 37.54
High Date 12/15/2025
Low 34.81
Low Date 01/08/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 37.69
Support 34.81
Low 31.80
Low Date 09/10/2025
High 37.54
High Date 12/15/2025
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Support
Resistance 37.53
Support 35.45
Low 26.22
Low Date 04/07/2025
High 37.54
High Date 12/15/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 32.24
Support 21.00
High 40.05
High Date 02/23/2024
Low 26.22
Low Date 04/07/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 25.80
Low Date 10/13/2022
High 40.05
High Date 02/23/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.