CCI, Crown Castle Intl Corp.

Context Technical Analysis

CCI was moving in a bearish channel defined by the orange line. Then, with a series of bullish candlesticks, price moved above its moving averages and closed above the upper Bollinger Band.

Momentum

The surge in momentum turned MACD up and just above its Signal Line.

Relative Strength

The Relative Strength of CCI has also turned up and has just touched its 20-day moving average since late-March.

Higher Time Frame

From CCI's weekly chart below, we can see:

· CCI is moving above its rising 10- 20- and 50-week moving average and above the blue resistance line

· The MACD has turned up and it’s just above its signal line

· CCI’s Relative Strength is moving up and above its 20-day moving average