| CSX latest price $27.7575 (2.45%) ($27.1697 - $27.7671) on Wed. Sep. 7, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 63 |
Latest Price | $27.7575(2.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CSX advances 0.2% a day on average for past five trading days. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CSX advance at 0% a week (0% probability) IVE(53%) IWD(53%) XLI(53%) SDY(52%) SPY(51%) |
Factors Impacting CSX price | CSX will decline at least -0.775% in a week (0% probabilities). VIXM(-17%) TLT(-17%) UUP(-11%) GDXJ(-5%) IBUY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.775% (StdDev 1.55%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
| |
|
|