CSX Corp., Norfolk Southern, Kansas City Southern, and Canadian Pacific Railway Under StockCall's Microscope
CSX Corp., Norfolk Southern, Kansas City Southern, and Canadian Pacific Railway Under StockCall's Microscope PR Newswire LONDON, March 5, 2013 LONDON, March 5, 2013 /PRNewswire/ -- The markets started the week on a positive note and the stocks, across the board, shared these optimistic sentiments. Service sector also showed sanguine outlook. Railroad companies are generally up on account of lower energy prices, driving down their operating costs. The sector is also likely to see balance restored between demand and supply. The Dow Jones ended its latest session at 14,127.82, up 0.27 percent while NASDAQ was up 0.39 percent to close at 3,182.03. Similarly, S&P also closed on a positive note at 1,525.20, up 0.46 percent. Our research team took a look at the services sector, more precisely the railroads industry which includes major companies like CSX Corp. (NYSE: CSX), Norfolk Southern Corp. (NYSE: NSC), Kansas City Southern (NYSE: KSU), and Canadian Pacific Railway Limited (NYSE:CP). StockCall has released full comprehensive research on CSX, NSC, KSU, and CP and these free technical analyses can be downloaded by signing up at http://www.stockcall.com/technicalanalysis CSX Corp.'s stock ended its previous trading session at $23.15, up 0.78 percent. The stock traded in the range of $22.81 and $23.20 during Monday's session. On the upside, the railroad company stock is trading close to its 52-week high. CSX's stock has traded in the range of $18.88 and $23.49 in the past 52 weeks and it is up 18.05 percent on a year-to-date basis. Free technical analysis on CSX available by signing up at http://www.StockCall.com/CSX030513.pdf Norfolk Southern Corp. shares traded up for Monday's trading session, ending the day 0.71 percent higher at $74.27. The stock fell to an intra-day low of $73.21, while its intra-day high stood at $74.40. With the upward movement, Norfolk Southern gained more than 20 percent this year, compared to a gain of 6.94 percent for the S&P 500. The company's shares have strong support at around $72.40, as the stock shows bullish trend. The stock is trading higher than its 20-day and 50-day moving averages. Register today and access the free research on NSC at http://www.StockCall.com/NSC030513.pdf Kansas City Southern traded in the range of $101.77 and $104.92 in Monday's trading session and ended the day at $103.89, up 1.83 percent. It traded 981,000 shares, in comparison to its usual volume of 1.02 million. The stock's 52 weeks range stands at $61.36 and $107.32. The company has gained 48.95 percent of its value in the past 12 months, while it gained 24.45 percent so far this year. Kansas City Southern is in a bullish mode and may find its first support level at $102.38. It is trading above its 20-day moving average of $97.9. The free report on KSU can be downloaded by signing up now at http://www.StockCall.com/KSU030513.pdf Shares of Canadian Pacific Railway Ltd ended yesterday's trading session up at $125.24, 1.39 percent higher. The stock gained more than 23.24 percent this year, outperforming the broad market. The stock has slipped from $125.95 resistance level. It has support at around $102.38 at the moment. With its upward movement, the railway company is still trading above their 6-day and 20-day moving averages. Free report on CP can be accessed by registering at http://www.StockCall.com/CP030513.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact: Contact Person:William T. Knight, Email: email@example.com, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST).