CP technical analysis

CP Technical Analysis

Analysis date

August 7, 2026

Market

New York Stock Exchange (USD)

Daily cutoff

August 5, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

CP Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
CP
Market
New York Stock Exchange
Currency
USD (US Dollar)
Latest completed bar
August 5, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series91.45August 5, 2026-Verified
Verification series91.45August 5, 20260.00%Verified

Bottom line

CP Technical Analysis Summary

CP technical analysis shows a bullish structure on both timeframes, with price trading above all major moving averages on the daily and weekly charts. As of the August 5 cutoff, price at 91.45 sits above SMA20 (91.16), SMA50 (89.40), and SMA200 (80.72) in a bullish alignment, with RSI14 at 55.26 on the daily chart and 57.22 on the weekly chart. The daily MACD histogram is slightly negative, pointing to a short-term pause after the recent advance, while the weekly MACD histogram remains positive. The main resistance is the 52-week high at 93.95, where the 20- and 60-period daily highs also cluster. Support rests at 87.20 (20-day low) and 83.95 (60-day low). A sustained close above 93.95 would confirm a breakout to new highs; a break below 87.20 would shift the near-term outlook lower.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 5, 2026)

Trend
Bullish. Price at 91.45 is above SMA20 (91.16), SMA50 (89.40), and SMA200 (80.72) in a bullish stack, with the moving averages ordered SMA20 above SMA50 above SMA200. The longer-term uptrend is intact, and price is pressing toward the upper end of its recent range.
Momentum
Neutral-bullish. RSI14 at 55.26 is in neutral territory with a slight bullish bias. MACD line at 0.47 sits just below the signal at 0.69, and the histogram is slightly negative at -0.22, indicating short-term momentum is pausing rather than reversing.
Volatility
Moderate. ATR14 at 2.02 (2.20% of price) reflects average daily swings of about 2.2%. Bollinger Bands span 88.71 to 93.61, and price near the middle band suggests volatility is neither stretched nor compressed.
Volume
Above average. Latest volume of 5,602,700 is about 1.91x the 20-period average (2,929,340), showing elevated participation on the latest session.

Assessment

The daily chart shows a healthy uptrend with price above all major moving averages and approaching the 52-week high at 93.95. The slightly negative MACD histogram points to consolidation before a potential breakout attempt. A close above 93.95 would likely accelerate upside; otherwise, price may base between the SMA20 at 91.16 and the 20-day low at 87.20.

Weekly (July 27, 2026 week)

Trend
Bullish. Price at 88.89 is above SMA20 (86.06), SMA50 (79.76), and SMA200 (77.74), all in bullish order. The weekly uptrend is well established, though the last completed week closed lower by 3.76% after a strong run.
Momentum
Neutral-bullish. RSI14 at 57.22 sits above the midline with a bullish bias. MACD line at 3.21 is above the signal at 3.08 with a positive histogram of 0.13, showing momentum is constructive but not stretched.
Volatility
Moderate. ATR14 at 4.05 (4.55% of price) reflects normal weekly ranges for a railroad operator. Bollinger Bands span 77.07 to 95.06, leaving room for further upside before reaching the upper band.
Volume
Slightly above average. Weekly volume of 14,839,500 is about 1.11x the 20-week average (13,412,245), indicating normal participation.

Assessment

The weekly chart reinforces the bullish daily picture. Price is above all major weekly moving averages with a positive MACD histogram, although the last completed week pulled back 3.76%. The 52-week high at 93.95 remains the key upside target, and the SMA20 at 86.06 is the first support if price dips.

Key indicators

CP Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)55.2657.22
MACD (12, 26, 9)0.47 / 0.69 / -0.223.21 / 3.08 / 0.13
ATR (14)2.02 (2.20%)4.05 (4.55%)
Bollinger Bands (20, 2)88.71 - 93.6177.07 - 95.06
SMA (20)91.1686.06
SMA (50)89.4079.76
SMA (200)80.7277.74

Price structure

CP Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price91.4588.89
1-Period Return+0.90%-3.76%
5-Period Return+0.18%+1.32%
20-Period Return+2.29%+9.72%
60-Period Return+6.52%+9.47%
252-Period Return+23.72%+39.03%
52-Week Low68.1368.13
52-Week High93.9593.95
52-Week Position90.32%80.40%

Key levels

CP Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High93.9593.95
20-Period Low87.2076.13
60-Period High93.9593.95
60-Period Low83.9568.13

Scenarios

CP Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks and holds above the 52-week high at 93.95, where the 20- and 60-period daily highs also cluster, on rising volume.

Invalidation

Price falls back below the SMA20 at 91.16 and then the 20-day low at 87.20.

What to watch

Daily RSI holding above 55; MACD histogram turning positive; weekly RSI staying above 55; volume expanding on up days; rail freight volumes and trade headlines.

Range-Bound

Trigger

Price oscillates between support at 87.20 (20-day low) and resistance at 93.95 (20/60-period high and 52-week high) without a decisive breakout.

Invalidation

A decisive break above 93.95 or below 87.20 with above-average volume.

What to watch

RSI oscillating between 45 and 60; MACD histogram hovering near zero; volume staying near average; the SMA20 at 91.16 acting as a pivot.

Bearish

Trigger

Price fails to hold above the moving averages and breaks below the 20-day low at 87.20, then the 60-day low at 83.95.

Invalidation

Price reclaims and holds above SMA20 (91.16) and posts a higher low.

What to watch

Daily RSI sliding below 45; MACD line crossing under the signal; rising volume on down days; a weekly close below SMA20 (86.06).

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 7, 2026.