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Crown Castle International Bearish Moving Average Crossover Alert (CCI)

By Shiri Gupta

Today, shares of Crown Castle International (NYSE:CCI) have fallen below their 10-day MA of $95.63 on a volume of 631K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Crown Castle International have traded between a low of $75.71 and a high of $102.82 and are now at $94.95, which is 25% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Crown Castle International. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Crown Castle International in search of a potential trend change.

Keywords: moving crosses crown castle international

Ticker(s): CCI