Bullish vs. Bearish (2 opinions)
Social Sentiment -0.16
CCI Forecast and Technical Stock Analysis
Hold candidate since 2019-12-09 PDF
Crown Castle International Corporation gained 0.31% in the last trading day ( Monday, 9th Dec 2019 ), rising from $135.46 to $135.88 , and has now gained 6 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the day the stock fluctuated 1.21% from a day low at $135.14 to a day high of $136.77. The price has risen in 6 of the last 10 days and is up by 2.69% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.03 million more shares were traded than the day before. In total, 1.56 million shares bought and sold for approximately $212.51 million.
- 30 day high of the CCI stock price was $138.34 and low was $130.28.
- 90 day high was $144.99 and low was $129.86.
- 52 week high for Crown Castle International Corporation - $149.47 and low - $103.21.
Crown Castle International Corporation lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -5.08% during the next 3 months and, with 90% probability hold a price between $121.99 and $132.79 at the end of this period.
Crown Castle International Corporation holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $134.23 and $135.44. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday December 02, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 50 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Crown Castle International Corporation finds support from accumulated volume at $134.41.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.63 (1.21%) between high and low. For the last week, the stock has had daily average volatility of 1.58%.
Since the Crown Castle International Corporation has been rising for 6 days in a row, the risk for the next couple of days has increased. As we cannot be certain with regards to the size of the reaction, we urge caution.
Our recommended stop-loss: $129.03 (-5.04%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 5 days ago.)
1.58 %Average volatility
Very Low Low Medium High Very High
Crown Castle International Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate candidate.
|CCI $135.88 ($0.42 0.31%)|
CCI is up $0.42 today, but where's it headed in 2020?
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!