CROWN CASTLE INC (CCI) Stock Technical Analysis
USA - NYSE:CCI - US22822V1017 - REIT
Taking everything into account, CCI scores 0 out of 10 in our technical rating. CCI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CCI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 94.39. Right above this resistance zone may be a good entry point.
More info and screens
90.91
We can see 3 important resistance areas.
- A resistance zone ranging from 94.39 to 95.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 98.49 to 98.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @108.86 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CCI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCI is down. |
| ChartMill Relative Strength | 21.2 | NEGATIVE | CCI has a low relative strength, it was outperformed by 78.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CCI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CCI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.86 | NEUTRAL | The RSI value for CCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests CCI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.74 | OVERSOLD | The low Stochastics value suggests CCI may be oversold. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for CCI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.92 | POSITIVE | The high ADX value value for CCI suggests a strong trend. |
91.83
+2.29 (+2.56%)
CROWN CASTLE INC / CCI FAQ
Can you provide the ChartMill technical rating for CROWN CASTLE INC?
ChartMill assigns a technical rating of 0 / 10 to CCI.
Can you provide the trend direction for CROWN CASTLE INC?
The current trend direction for CROWN CASTLE INC (CCI) is Bearish.
What is the RSI signal for CROWN CASTLE INC (CCI) stock?
CROWN CASTLE INC (CCI) has an RSI value of 43.8551. This indicates that the stock is currently neutral.
What is the short term momentum for CROWN CASTLE INC (CCI) stock?
The short term momentum for CROWN CASTLE INC (CCI) is negative.
What is the buy/sell signal for CROWN CASTLE INC (CCI) stock?
The buy/sell signal for CROWN CASTLE INC (CCI) is sell as both the short term and long term trends are negative.