As you can see on the daily chart, CSX stock has a very bearish-looking setup. After declining precipitously from $80 in mid-July, shares continue to put in a series of lower highs.

You can see on the chart that the shares have found support around $15.40. This level first became support in February 2024. It was also support in March and April 2024.

The stock is down 39.78% over the past year, up 25.12% over the past six months. Let’s look at what the charts indicate for Riot stock and how the stock currently maps against Wall Street estimates.