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Look for Shares of Crown Castle Int to Potentially Rebound after Yesterday's 1.69% Sell Off

By Nick Russo

Crown Castle Int (NYSE:CCI) traded in a range yesterday that spanned from a low of $125.25 to a high of $127.33. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $126.91 on volume of 658,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Crown Castle Int and will alert subscribers who have CCI in their portfolio or watchlist when shares have changed trend direction.

Crown Castle Int share prices have moved between a 52-week high of $130.60 and a 52-week low of $98.85 and are now trading 27% above that low price at $125.25 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.3%.

Keywords: rebounders crown castle int

Ticker(s): CCI