CROWN CASTLE INC (CCI) Stock Technical Analysis
NYSE:CCI • US22822V1017
Taking everything into account, CCI scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CCI was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, CCI is a bad performer in the overall market: 61% of all stocks are doing better.
- In the last month CCI has a been trading in the 77.01 - 91.25 range, which is quite wide. It is currently trading near the high of this range.
- CCI has an average volume of 3252310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- CCI is part of the Specialized REITs industry. There are 28 other stocks in this industry, CCI did better than 44% of them.
- CCI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CCI is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of CCI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
89.48
We can see 3 important resistance areas.
- Resistance @91.28 from a horizontal line in the daily time frame.
- 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 @106.73 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 | UP | POSITIVE | The short term trend for CCI is up. |
| ChartMill Relative Strength | 39.76 | NEUTRAL | CCI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CCI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CCI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.27 | NEUTRAL | The RSI value for CCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests CCI has a positive trend. |
| Stochastics (14,3) | 84.95 | OVERBOUGHT | The high Stochastics value suggests CCI may be overbought. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for CCI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.85 | NEUTRAL | The ADX value for CCI suggests a possible start of a new trend. |
90.38
+2.57 (+2.93%)
CROWN CASTLE INC / CCI FAQ
Can you provide the ChartMill technical rating for CROWN CASTLE INC?
ChartMill assigns a technical rating of 2 / 10 to CCI.
What is the current trend direction of CROWN CASTLE INC (CCI) stock?
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 59.2684. This indicates that the stock is currently neutral.
What is the MACD signal for CCI stock?
The MACD indicator for CROWN CASTLE INC (CCI) has a value of 0.595587, indicating a bearish trend.
Can you provide the support and resistance levels for CROWN CASTLE INC?
CROWN CASTLE INC (CCI) has a resistance level at 91.28. Check the full technical report for our detailed analysis of CCI support and resistance levels.