Crown Castle International Trading Higher Today on Above-Average Volume, Consistent With Trend (CCI)
Crown Castle International shares are trading on heavy volume today, having risen 4.5% to $48.40. About 6.0 million shares have been traded today, as compared to the 30-day average volume of 1.4 million shares. Unusually high volume can signify a potential turning point or validate a breakout.
SmarTrend recommended that subscribers consider buying shares of Crown Castle International on November 30th, 2011 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $41.69. Since that recommendation, shares of Crown Castle International have risen 11.1%. We continue to monitor CCI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Crown Castle International share prices have moved between a 52-week high of $49.46 and a 52-week low of $36.38 and are now trading 33% above that low price at $48.55 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.9%.
Keywords: unusual volume crown castle international
Ticker(s): CCI