CROWN CASTLE INC (CCI) Stock Technical Analysis
NYSE:CCI - US22822V1017 - REIT
103.79 USD
+0.99 (+0.96%)
104.69 USD
+0.9 (+0.87%)
Overall CCI gets a technical rating of 2 out of 10. 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.
75% of all other stocks performed better in the past year than CCI.
CCI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CCI has an average volume of 3161730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CCI is part of the Specialized REITs industry. There are 30 other stocks in this industry, CCI did better than 58% 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.
Although the technical rating is bad, CCI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 103.45, a Stop Loss order could be placed below this zone.
More info and screens
85.28
120.04
We found 3 important support areas.
- A support zone ranging from 100.19 to 103.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @98.39 from a horizontal line in the weekly time frame.
- Support @86.14 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @106.70 from a horizontal line in the daily time frame.
- Resistance @110.83 from a trend line in the weekly time frame.
- A resistance zone ranging from 118.57 to 118.85. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for CCI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCI is neutral. |
| ChartMill Relative Strength | 25.34 | NEGATIVE | CCI has a low relative strength, it was outperformed by 74.66% 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) | UP | MIXED | The current price of CCI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CCI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.54 | NEUTRAL | The RSI value for CCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests CCI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.74 | NEUTRAL | The Stochastics value for CCI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CCI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.03 | NEGATIVE | The low ADX value for CCI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
103.79
+0.99 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg0.96%
1 Week2.07%
2 Weeks-0.68%
1 Month-6.9%
3 Month3.62%
6 Month12.58%
12 Month-7.64%
2 Year3.27%
3 Year-39.24%
5 Year-36.42%
10 Year24.46%
15 Year152.41%
Volatility
ATR(14)1.96
ATR(20)%2.33%
ATR Inc-39.73%
Range Today1.63
ADR(20)2.3
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.34
Mansfield-0.75
10 Day High104.64
10 Day Low99.75
20 Day High112.75
20 Day Low99.75
52 Week High120.92
52 Week Low84.2
CS1 End103.45
CR1 Start106.7
Volume & EV
DER(3)2.99%
DER(5)2.61%
Volume2.39M
Volume Incr-21.23%
Vol(5)2.76M
Vol(50)3.16M