Crown Castle Technical Analysis (NYSE:CCI)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The CCI stock chart pattern can give those who understand technical analysis an indication of which way CCI stock is headed, but cannot predict with 100% certainty as to what can happen to the Crown Castle stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Crown Castle. The technical analysis form of Crown Castle stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Crown Castle Moving Average
Moving averages show the average price of CCI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Crown Castle are mostly signals of long term trends and will help long term traders.
Crown Castle Bollinger Bands
Bollinger bands comprise of a center line usually CCI SMA, and two CCI stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $112.4 is in the lower range of Crown Castle bollinger bands.
Crown Castle Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Crown Castle MACD indicator can be used to identify bullish and bearish trends for the stock.
Crown Castle Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 34.97 is the RSI value of CCI stock.