CROWN CASTLE INC (CCI) Technical Analysis
NYSE:CCI • US22822V1017
Current stock price
CCI Technical Rating and Analysis
Overall CCI gets a technical rating of 3 out of 10. In the past year, CCI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 75% of all other stocks performed better in the past year than CCI.
- CCI is one of the lesser performing stocks in the Specialized REITs industry. 77% of 28 stocks in the same industry do better.
- CCI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CCI has a been trading in the 75.96 - 88.69 range, which is quite wide. It is currently trading near the high of this range.
- CCI has an average volume of 3599120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
CCI Weekly and Daily overview Charts
CCI Setup Rating and Analysis
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 resistance zone just above the current price starting at 87.14. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- 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
CCI Support and Resistance Analysis
76.19
2 important support areas can be observed.
- A support zone ranging from 78.37 to 78.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @76.96 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 87.14 to 87.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 91.28 to 91.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @94.23 from a horizontal line in the daily time frame.
- Resistance @98.49 from a horizontal line in the weekly time frame.
- Resistance @105.42 from a trend line in the weekly time frame.
CCI Technical Indicator Signal Analysis
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 | 25.58 | NEGATIVE | CCI has a low relative strength, it was outperformed by 74.42% off all stocks 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 | NEGATIVE | The current price of CCI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.2 | NEUTRAL | The RSI value for CCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.8 | POSITIVE | The MACD value suggests CCI has a positive trend. |
| Stochastics (14,3) | 87.73 | OVERBOUGHT | The high Stochastics value suggests CCI may be overbought. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for CCI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.41 | NEGATIVE | The low ADX value for CCI suggests a weak or negative trend. |
CCI Chart- and CandleStick Pattern Analysis
CCI Technicals: Chart, Performance Metrics, Trend & Indicators
86.29
-0.28 (-0.32%)
CROWN CASTLE INC / CCI TA FAQ
Can you provide the ChartMill technical rating for CROWN CASTLE INC?
ChartMill assigns a technical rating of 3 / 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.
Can you provide the RSI signal for CROWN CASTLE INC?
CROWN CASTLE INC (CCI) has an RSI value of 55.2041. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for CROWN CASTLE INC?
The buy/sell signal for CROWN CASTLE INC (CCI) is hold as the short term and long term trends are mixed.
What is the support and resistance level for CCI stock?
CROWN CASTLE INC (CCI) has a support level at 78.59 and a resistance level at 87.14. Check the full technical report for our detailed analysis of CCI support and resistance levels.