Weaker Buy Today CCI ranks #646 as BUY CANDIDATE. Stronger Buy
Today CCI ranks #646 as BUY CANDIDATE.

CCI stock Crown Castle International Corporation

CCI stock
Crown Castle International Corporation

23 January 2019
Change 0.99%
Chart period: 2018-10-24 - 2019-01-23
VOLUME
Buy
TREND
Hold

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy
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Crown Castle International Corporation Stock Analysis

Technical stock analysis for 23 January 2019

Buy candidate since 2019-01-23
Shorts 2.88% ( 2018-12-31 )
Cash n/a
Loans n/a
Beta 0.38
ROA 1.39

Crown Castle International Corporation gained 0.99% in the last trading day, rising from $109.19 to $110.27 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 6 of the last 10 days and is up by 2.54% 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, 0.11 million more shares were traded than the day before. In total, 2.43 million shares bought and sold for approximately $267.77 million.

Close price at the end of the last trading day (Wednesday, 23rd Jan 2019) of the CCI stock was $110.27. This is 0.99% more than the trading day before Tuesday, 22nd Jan 2019.

During day the stock fluctuated 1.22% from a day low at $108.97 to a day high of $110.30.

30 day high of the CCI stock price was $110.30 and low was $103.21.
90 day high was $117.60 and low was $103.21.
52 week high for the Crown Castle International Corporation - $117.60 and low - $98.85.

Trend

Given the current horizontal trend you can expect Crown Castle International Corporation with 90% probability to be traded between $99.82 and $114.41 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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Signals

Only positive signals in the chart today. 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 $107.98 and $110.02. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday January 09, 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.

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Relative Strength Index (RSI)

RSI14 is 68 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Crown Castle International Corporation finds support from accumulated volume at $106.78.

Support: $106.78 Price: $110.27 Resistance: $112.12

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.33 (1.22%) between high and low. For the last week, the stock has had a daily average volatility of 1.32%.

Our recommended stoploss: $104.97 (-4.80%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 9 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for this stock to perform well in the short-term period. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Weaker Buy Today CCI ranks #646 as BUY CANDIDATE. Stronger Buy
Today CCI ranks #646 as BUY CANDIDATE.