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.