CCI stock: buy or sell

CCI stock price: $157.25 1.61% At close on Jan 15th, 2021

Updated on:
Jan 18th, 2021

1

CCI stock brief

  • Counting last Friday, it's been 3 consecutive sessions in green for Crown Castle International. Price closed last Friday at $157.25 after growing a 1.61%.
  • From the chart point view, price is drawing an scaled downtrend since last November with lower tops and lower bottoms. this downtrend marked a -7.87% loss.
  • Smith Barney Citigroup published a strong positive rating for Crown Castle International last Thursday
  • Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 route miles of fiber supporting small cells and fiber solutions across every major U. S. market.

Should I buy Crown Castle International stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $CCI stock a buy?

In the current situation of Crown Castle International there is not any eligible buy setup. This doesn't mean we expect a selloff for $CCI in coming sessions, or that it may not climb higher. Simply, it doesn't match our recommended trading systems

Should I sell Crown Castle International stock?

"To sell or not to sell", if you are holding Crown Castle International shares?. Trading strategies allow us to avoid impulsive decisions based on our personal sentiments or the noise that surrounds the market. When selling, as well as buying, detailed setups are very simple to use but are only applicable for selling shares in your porfolio, not for selling short Crown Castle International stock

As a rule of thumb, you must never hold a trade that leads to losses greater than those expected upon purchase. When to sell shares must always be ruled by the stop-loss (automatic or manual)

Is it time to sell Crown Castle International stock?

In the current situation of Crown Castle International there is not any eligible sell setup, so Crown Castle International stock holders with operations in profit can keep their positions

Crown Castle International ratings

In the last 30 days, just one rating was published for Crown Castle International

Crown Castle International analysts' ratings - Last month
Brokerage firmRating
Jan 14th, 2021
Smith Barney Citigroup NeutralStrong buy

Crown Castle International stock analysis

Crown Castle International accumulates a selloff of -7.87% since its latest top last November at $170.68. Like in all downtrends, the stock oscillates drawing lower highs and lows. In this case, we have seen 2 consecutive lower tops.

SMAs overview

CCI stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $159.36 (1.34% above)
  • R2: $163.63 (4.06% above)
  • R3: $164.02 (4.31% above)
  • The current support levels are:

  • S1: $156.61 (-0.41% below)
  • S2: $153.70 (-2.26% below)
  • S3: $152.78 (-2.84% below)
  • Bollinger bands

    Since the price broke down the lower band last Tuesday, the price bounced by 5.44%. The price is trading very close to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a sell signal, as price can move in these levels for many days and weeks

    CCI stock Bollinger Bands chart

    Relative strength index

    When the fluctuates for so long below 70 and above 30, without indicating moments of overvaluation and undervaluation, the indicator turns out to be of little use, and we currently are in one of these cases.

    CCI stock RSI chart

    Crown Castle International stock price history

    Crown Castle International started trading priced at an adjusted price1 of $10.04 on Aug 1998. Since then, CCI stock surged by 1,466.24%, with an average of 66.65% per year. If you had invested $1,000USD in Crown Castle International stock on the IPO, it would be valued $15,662.35 today.

    1: Adjusted price after possible price splits or reverse-splits

    CCI stock price history chart

    Price target for Crown Castle International stock

    Nobody can predict how much a stock will be priced tomorrow. Banks and financial organisations publish their analysis forecasting how a stock will performance in the future.

    Along with buy or sell recommendations, financial institutions release their price forecasts based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new fundamental data by the company, and usually. Again, these targets are not direct recommendations for small investors and should not be trusted blindly.

    In the previous 30 days we couldn't find any price target posted for Crown Castle International stock.

    Crown Castle International stock price predictions
    Brokerage firmPrice target
    Jan 14th, 2021
    Smith Barney Citigroup Not available

    Earnings and financials

    Crown Castle International ($CCI) hosted the shareholders event and released the report last October. CCI surpassed consensus earnings estimates and posted of $1.56, that is a 205.88% improvement compared to the initial predictions of $0.51. However, reported revenues of $1.5 billion were in line with Wall St. estimates.

    Same quarter last year, reported EPS was $0.58, so recently reported EPS means an improvement of 168.97%. Looking at revenues, figures merely moved compared to $15.1B year over year.

    CCI ($CCI) will host the quarterly earnings call late next February. Wall Street forecasts of $0.63, compared to previous quarter that was $1.56.

    Crown Castle International performance

    CCI performance compared
    Company1m3m6m
    Crown Castle International ($CCI) 0.90% -5.10% -9.90%

    Please read:
    The opinions contained in this post are personal and not recommendations for you to buy or sell stocks. The author of this report does not know the individual scenarios of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are provided for learning reasons only

    CCI summary

    Friday, January 15th, 2021
    Open$154.78
    Close$157.25
    Day range$154.03 - $157.96
    Previous close$154.76
    Session gain1.61%
    Average true range$3.91
    50d mov avg$159.21
    100d mov avg$159.98
    200d mov avg$160.28
    Earnings dateFebruary 24th, 2021

    Frequently asked questions

    What is Crown Castle International stock symbol?

    Crown Castle International Corp. (REIT) is a public company trading in the US stock market with the CCI symbol

    Is Crown Castle International stock a buy or sell?

    Crown Castle International had one rating in the last 4 weeks Read the article to get additional tips on trading CCI stock.

    Will CCI go up?

    There were no predictions published by analysts in the last 4 weeks for Crown Castle International.