Why Canadian National Railway Company ($CNI) Is Doing What It’s Doing (2019-07-29)

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REPORTING FOR 2019-07-29 | LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how Canadian National Railway Company ($CNI) has been trading over the last 2 weeks and the past day especially. On its latest session, Canadian National Railway Company ($CNI) opened at 94.48, reaching a high of 94.96 and a low of 94.28 before closing at a price of 94.86. There was a total volume of 798704.

VOLUME INDICATORS: We saw an accumulation-distribution index of 392.20552, an on-balance volume of -94.36, chaikin money flow of 1.83333 and a force index of 2.7648. There was an ease of movement rating of 0.0028, a volume-price trend of 3.66822 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 0.63576, bolinger bands of 94.94738, an upper bollinger band of 92.88262, lower bollinger band of 94.28, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 94.57333, high band keltner channel of 94.09333, low band keltner channel of 95.05333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 94.28, a donchian channel low band of 94.28, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.01638, a MACD signal of -0.0091, a MACD difference of -0.00728, a fast Exponential Moving Average (EMA) indicator of 94.28, a slow Exponential Moving Average (EMA) indicator of 94.28, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.1586, a trix of 2.70501, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -3.55126, a KST Oscillator (KST) of 39.14148 and a KST Oscillator (KST Signal) of 39.14148 (leaving a KST difference of -2.01149). We also found an Ichimoku rating of 94.72, an Ichimoku B rating of 94.72, a Ichimoku visual trend A of 92.01216, an Ichimoku visual trend B of 92.19928, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 94.66845, a stochastic oscillator of 141.66667, a stochastic oscillator signal of 141.66667, a Williams %R rating of 41.66667 and an awesome oscillator of -0.33383.

RETURNS: There was a daily return of 3.91415, a daily log return of -0.7773 and a cumulative return of -0.77429.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-29 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Canadian National Railway Company ($CNI)…

For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on Canadian National Railway Company, we strongly advise Canadian National Railway Company investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like Canadian National Railway Company – without this you are trading blind:

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DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Canadian National Railway Company ($CNI) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

Gary Ivenchuck

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