StockCall Scrutinizes CSX Corp., Union Pacific, Norfolk Southern, and Canadian National Railway

Apr 03, 2013, 08:00 ET from

LONDON, April 3, 2013 /PRNewswire/ --

Markets closed at record high level after receiving positive fillip from strong factory order data. The report showed that the domestic economy continues to grow. The U.S. government's decision to drop insurance payment cut plans was also received positively by the markets. Markets showed bullish sentiments across the board including the Services sector. We took a look at companies like CSX Corporation (NYSE: CSX), Union Pacific Corporation (NYSE: UNP), Norfolk Southern Corp. (NYSE: NSC) and Canadian National Railway (NYSE: CNI) from the Railroads industry. StockCall reviewed the Railroads industry, choosing CSX, UNP, NSC, and CNI for its technical coverage. These free reports can be seen for free at

CSX Corporation's stock is in a bullish mode and is trading in-line with its 20-day SMA of $24.19. It ended its latest trading session on Tuesday 0.04 percent lower at $24.19, and the stock oscillated in the range of $24.13 and $24.53 during the session. The stock trades at Price/Earnings ratio of 13.51 and thus is fairly priced. CSX is expected to face its first resistance level at $24.34. It traded 7.40 million shares in comparison to its usual trading volume of 8.00 million shares. The stock trades at beta of 1.34 and is, therefore, highly volatile. Download the free research on CSX by signing up now at

Union Pacific Corporation's stock closed at $140.82, 0.51 percent higher. The stock traded in the range of $140.44 and $142.66 during yesterday's session. It is currently above its-20 day moving average price of $140.80. Union Pacific gained 13.99 percent so far this year. Its Price/Earnings ratio is 17.01, which is in-line with industry average. The railroads company's stock is in a bullish phase and its first resistance level is at $141.69. On the downside, its first support is at $140.09. Upon breaching this level, its second support level is at $137.63. Union Pacific Corp. commands market capitalization of $65.96 billion. Register for today's free analysis on UNP at

With a mild upward movement in its Tuesday's trading session, Norfolk Southern Corp. is still up 24.86 percent for the year. It has gained 15.83 percent in the past 52 weeks. The stock closed 0.17 percent higher at $76.25 on volume of 1.58 million shares. Its average trading volume stands at 2.12 million shares. Shares of NSC currently face resistance at around $78.74. The stock has support at around $75.78. It is trading above its 20-day and 50-day moving averages, which is a bullish signal. Norfolk Southern is a mildly volatile stock as it commands beta of 1.13. Free report on NSC can be accessed by registering at

Canadian National Railway traded in the range of $98.80 and $100.53 during Tuesday's trading session. It opened at $99.22 and closed at $98.99, up 0.30 percent. The stock is currently in a bullish mode and has its first resistance level at $100.32. Upon breaching this level, the stock may go as high as $102.87. It traded 602,626 shares and is below its 20-day moving average price. Its first support level is at $97.36. In year 2013, the stock is up 9.7 percent so far. Canadian National Railway's market capitalization stands at $42.21 billion and its stock has neutral beta of 1. Register with StockCall and download the research on CNI for free at

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