Crown Castle Inc. (CCI) 1WTechnical Analysis
- The weekly chart of Crown Castle Inc. (CCI) shows a potential reversal after a prolonged downtrend.
- A breakout above the descending trendline and consolidation above $110.85 (0.786 Fibonacci) could signal the start of an upward movement.
- Key Resistance Levels: $132.06 – $146.95 – $161.85 – $180.28 – $210.07.
- Key Support Zone: $83.83 - $90.
- CCI and RSI indicators confirm improving sentiment.
A sustained breakout above $110-112 could lead to mid-term growth.
Fundamental Analysis
Crown Castle is one of the largest telecommunications infrastructure operators in the US.
- Stable revenues due to long-term contracts with telecom providers.
- Dividend yield of ~6%, making it attractive for long-term investors.
- 5G expansion and IoT growth create long-term opportunities.
Risks: High debt burden, interest rate impact, and competition with American Tower.
CCI has growth potential if it breaks above the $110-112 zone. However, macroeconomic risks remain relevant.
CCI trade ideas
buying opportunity for investors with a long-term perspective.Technical Analysis:
As of January 1, 2025, CCI's stock is trading at $90.76. The 50-day moving average is approximately $104.43, and the 200-day moving average is around $104.87, indicating a recent downward trend. The Relative Strength Index (RSI) is at 13.92%, suggesting the stock is oversold, which could present a buying opportunity for investors anticipating a rebound.
Fundamental Analysis:
Crown Castle reported a net profit margin of 18.34%, ranking it favorably within the REIT industry.
The company has a strong presence with approximately 40,000 towers, leasing infrastructure to major wireless carriers like AT&T, T-Mobile, and Verizon. Despite challenges, including the cancellation of 7,000 small cell node contracts due to industry budget constraints, Crown Castle maintained its site-rental revenue and adjusted funds from operations (AFFO) outlook.
Analysts have set a 12-month price target of $116.15 for CCI, representing a potential upside of approximately 27.98% from the current price.
Conclusion:
While Crown Castle faces industry challenges, its solid market position and consistent revenue streams from long-term leases with major carriers suggest potential for future growth. The current technical indicators, particularly the oversold RSI, combined with a favorable analyst price target, may present a compelling buying opportunity for investors with a long-term perspective.
Crown Castle Inc. (CCI) - SK Sequence Strategy AnalysisTrading the Sequence Setup:
Entry Zone:
Buying near the WCL zone ($98–$105) provides a favorable risk-reward opportunity, following the sequence structure.
Stop Loss:
Place stops below $95 to protect against a breakdown in the sequence.
Profit Targets:
T1: $148 (1.618 Fib extension)
T2: $155 (1.809 Fib extension)
T3: $161 (2.0 Fib extension)
Invalidation:
A breakdown below the WCL zone and $95 invalidates the upward sequence, potentially targeting $90 or lower levels.
$CCI - big move but needs supportREITs showing a similar pattern before earnings…. Keeping an eye on them.
This just ran to its previous resistance. Tested it multiple times. It wants to break through.
Fibs channel shows plenty of space to swim from the 1week fib chart. At 4 hours, you see the indicator flashing bullish signs.
Not all REITs are alike. Some may move like this others have not.
But something is def happening in this sector
CCI - 8 months HEAD & SHOULDERS══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
CCI: some correction?A price action above 90.00 supports a bullish trend direction.
Increase long exposure for a break above 93.00.
The target price is set at 104.00 (almost the 23.6% Fibonacci retracement level).
The stop-loss is set at 85.00.
Might be bouncing off the lower range of the declining channel pattern.
Remains a risky trade.
Crown Castle closing of the JawsFor counter trend or trend continuation plays, I look for the closing of the "Jaws" or in the case of NYSE:CCI , the Megalodon. The entry has to be backed up by rising volume.
As a general rule:
1. the higher the angle of attack, the stronger the move
2. preferrably a parabolic curve (as this indicates that price has undergone prior development between bulls and bears)
On higher timeframes, the chart here is in a clear down trend so there is a fair probability that this could end up as a bull trap. The play here is to get in early and secure a good position such that if price does breaks down, the opportunity to exit with a profit or breakeven is available.
CCI is it ready for continuation in drop?CCI has experienced a significant drop but has managed to recover slightly. However, the recovery is not strong, and it appears to be forming a bear pullback/bear flag pattern. This pattern suggests that the upward movement is likely to be a temporary correction within the larger bearish trend.
A potential short position can be activated if the price breaks below the blue dotted line, indicating a continuation of the bearish trend. Traders may consider entering the short position just below the blue dotted line and the 20-day moving average (MA). To manage risk, a stop loss can be placed a few cents above the most recent high.
The relative strength index (RSI) has recovered to the middle level, but the moving average convergence divergence (MACD) is still below the zero line, indicating a bearish signal.
CCI - Not financial adviceHistory says buying the oversold RSI excursions on this name and only exiting on the first overbought RSI excursion (daily chart) produced favorable results greater than simple buying and holding over the same period of time (roughly 18 months).
Google says they are a real estate investment trust, they pay a dividend. Probably not a bad IDEA to consider a long here if you are thinking about buying this name already, the question of buying calls, selling cash covered puts, or just buying shares is up to you.
Using Multi-Time Frame Analysis To Find Key Levels That MatterDo you find yourself drawing too many levels on your charts?
Do you struggle to know which levels that actually matter for trading decisions?
Do you wonder why price moves straight through some key levels and not others?
This video will show you how to analyse a stock using Multi-Timeframe Analysis techniques to find the key levels that actually matter for trading, and how to quickly find the most important levels where price is likely to react.
CCI: Potential 40 Percent Drop Next 2 Month Candle in 27 DaysHi Everyone! Simply wanted to point out if we have not begun to drop already some time during the current 2-Month candle with 27-Days remaining, we have fairly good odds of seeing a drop to the White Lower B-Band at Target #1 ($143.33). It's possible to drop to the Aqua Lower B-Band at $133.33. And yes, it is possible to continue dropping to the Orange Lower B-Band like September/October 2008. Which would be approximately a 40 percent drop. I know this sounds crazy but that's what I'm seeing this potentially falling to if the Green Line does not turn up soon. I will post other time frames shortly.
This "SHORT" is for NEXT 2-Month candle. I simply want to give everyone the heads up.
Stay Awesome!
David
Head and Shoulders/Calculating TargetsStrong stock and has broken neckline before and recovered swiftly. CCI has not broken the neckline again as of yet.
When I see a possible second shoulder that fails to beat the prior high, I always take a second look if that 3rd leg has obviously turned down for the time being. Plus the retracements are often deeper than a price retracement in a strong uptrend. If this happens, maybe look for a neckline which is usually at the 1st shoulder retracement. A neckline is not always straight across and can slope.
A Head & Shoulders is not valid until price breaks the neckline with a confirmed downtrend. The neckline can be very strong support until broken. Many would wait for a retest of the neckline to prove that it is now resistance before shorting this pattern.
I measure the head to the neckline and project it downward from the neckline. Then I apply fib levels. I use the .382, the .618 and the .786 for targets 1. I also factor in a 100% fall. Targets 2 are valid only if targets 2 are passed. These are only ballpark guesstimates and levels of support are paramount.
No recommendation.
Short percent low at 1.03%.
Weekly Chart