CROWN CASTLE INC (CCI) Stock Technical Analysis
USA - NYSE:CCI - US22822V1017 - REIT
95.39 USD
-0.19 (-0.2%)
95.39 USD
0 (0%)
Taking everything into account, CCI scores 0 out of 10 in our technical rating. CCI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CCI is a bad performer in the overall market: 85% of all stocks are doing better.
CCI is one of the lesser performing stocks in the Specialized REITs industry. 64% of 29 stocks in the same industry do better.
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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CCI has an average volume of 3371310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
CCI has a poor technical rating and the quality of the setup is also only medium 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
85.28
119.76
When analyzing the support we can see 2 important areas.
- A support zone ranging from 94.11 to 94.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @86.14 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 95.93 to 97.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 102.75 to 103.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @110.33 from a trend line in the weekly time frame.
- 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 | DOWN | NEGATIVE | The long term trend for CCI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCI is down. |
| ChartMill Relative Strength | 15.36 | NEGATIVE | CCI has a low relative strength, it was outperformed by 84.64% 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) | DOWN | NEGATIVE | The current price of CCI is below a declining 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) | 37.11 | NEUTRAL | The RSI value for CCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests CCI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.22 | NEUTRAL | The Stochastics value for CCI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for CCI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.2 | 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)
95.39
-0.19 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-0.2%
1 Week-0.79%
2 Weeks-2.4%
1 Month-5.6%
3 Month-3.05%
6 Month-7.59%
12 Month-19.74%
2 Year3.65%
3 Year-34.01%
5 Year-42.71%
10 Year20.95%
15 Year116.06%
Volatility
ATR(14)2.21
ATR(20)%2.15%
ATR Inc-32.96%
Range Today0.91
ADR(20)1.84
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.36
Mansfield-1.49
10 Day High99.82
10 Day Low91.3
20 Day High104.61
20 Day Low91.3
52 Week High120.92
52 Week Low84.2
CS1 End94.83
CR1 Start95.93
Volume & EV
DER(3)-0.37%
DER(5)0.36%
Volume2.93M
Volume Incr52.84%
Vol(5)5.12M
Vol(50)3.37M