CROWN CASTLE INC (CCI) Stock Technical Analysis
NYSE:CCI - New York Stock Exchange, Inc. - US22822V1017 - REIT - Currency: USD
Overall CCI gets a technical rating of 5 out of 10. In the last year, CCI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
CCI has an average volume of 3071480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, CCI turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
CCI is part of the Specialized REITs industry. There are 30 other stocks in this industry, CCI did better than 51% 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.
In the last month CCI has a been trading in a tight range between 97.89 and 103.71.
Although the technical rating is only medium, CCI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 100.43, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
85.28
119.76
3 important support areas can be observed.
- A support zone ranging from 98.23 to 101.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @94.83 from a horizontal line in the daily time frame.
- Support @86.14 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 102.98 to 103.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 106.39 to 107.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @118.57 from a horizontal 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 | 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 | 43.36 | NEUTRAL | CCI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCI is above the rising 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 | MIXED | The current price of CCI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.56 | NEUTRAL | The RSI value for CCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests CCI has a positive trend. |
| Stochastics (14,3) | 57.61 | NEUTRAL | The Stochastics value for CCI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for CCI suggests low volalility. |
| Average Directional Index/ADX (14) | 14.51 | 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)
102.73
+2.08 (+2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg2.07%
1 Week0.2%
2 Weeks4.41%
1 Month2.37%
3 Month1.73%
6 Month14.16%
12 Month6.93%
2 Year-9.84%
3 Year-38.99%
5 Year-38.61%
10 Year27.93%
15 Year175.71%
Volatility
ATR(14)2
ATR(20)%1.83%
ATR Inc33.15%
Range Today3.49
ADR(20)1.83
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.36
Mansfield-0.68
10 Day High103.71
10 Day Low97.9
20 Day High103.71
20 Day Low97.89
52 Week High120.92
52 Week Low84.2
CS1 End100.43
CR1 Start101.5
Volume & EV
DER(3)0.81%
DER(5)0.47%
Volume3.90M
Volume Incr13.86%
Vol(5)3.62M
Vol(50)3.07M