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 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CCI is only an average performer.
The long and short term trends are both positive. This is looking good!
CCI is part of the Specialized REITs industry. There are 30 other stocks in this industry. CCI outperforms 79% of them.
CCI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CCI is lagging the market slightly.
In the last month CCI has a been trading in the 99.30 - 115.76 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CCI has an average volume of 3016260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CCI outperforms 60% of them, which is more or less in line with 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.
Although CCI has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
85.28
121.45
5 important support areas can be observed.
- A support zone ranging from 106.14 to 106.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 101.91 to 104.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @100.19 from a horizontal line in the daily time frame.
- A support zone ranging from 98.23 to 98.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @86.14 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 118.57 to 120.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for CCI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCI is up. |
| ChartMill Relative Strength | 60.93 | 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) | 77.33 | OVERBOUGHT | The high RSI value suggests CCI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.99 | POSITIVE | The MACD value suggests CCI has a positive trend. |
| Stochastics (14,3) | 91.81 | OVERBOUGHT | The high Stochastics value suggests CCI may be overbought. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for CCI suggests low volalility. |
| Average Directional Index/ADX (14) | 25.05 | POSITIVE | The high ADX value value for CCI suggests a strong 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)
113.91
+4.18 (+3.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg3.81%
1 Week9.28%
2 Weeks9.56%
1 Month11.87%
3 Month13.69%
6 Month28.73%
12 Month5.94%
2 Year5.19%
3 Year-36.95%
5 Year-31.67%
10 Year39.07%
15 Year188.31%
Volatility
ATR(14)2.25
ATR(20)%1.96%
ATR Inc94.88%
Range Today3.35
ADR(20)2.06
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.93
Mansfield0.13
10 Day High115.76
10 Day Low101.46
20 Day High115.76
20 Day Low99.3
52 Week High120.92
52 Week Low84.2
CS1 End106.7
CR1 Start118.57
Volume & EV
DER(3)-2.52%
DER(5)-1.99%
Volume6.10M
Volume Incr54.79%
Vol(5)4.47M
Vol(50)3.02M