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S&P 500 Overbought StocksArchive - 10/2/2026 - Sign In to see current Signals. |
CSX Corp. (CSX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week after 5 consecutive negative weeks for the CSX Corp. (CSX). During the week, the CSX gained 0.65 points, or 1.39%, and closed at 47.43 on Friday, October 2, 2026. It was the best weekly gain since August 21, 2026. Weekly volume was -18% below average.
Long-term trend: [See CSX long-term trend chart] A long-term uptrend had started on April 7, 2025 at 26.22 and reached 53.60 on July 27, 2026. CSX gained -27.38 points, or -104.42%, in 68 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Medium-term trend: [See CSX medium-term trend chart] A medium-term downtrend had started on July 27, 2026 at 53.60 and reached 45.79 on September 21, 2026. CSX lost 7.81 points, or 14.57%, in 8 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 44.80 and resistance is at 50.44. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See CSX weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 Lane's Stochastic help. The weekly MACD line is below its signal line since August 28, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See CSX short-term trend chart] A short-term downtrend had started on August 26, 2026 at 52.15 and reached 45.79 on September 21, 2026. CSX lost 6.36 points, or 12.20%, in 26 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (45.94) 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 short-term trend.
Daily Technical Indicators: [See CSX daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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