Crown Castle is a real estate investment trust. Co. owns, operates and leases shared communications infrastructure that is geographically dispersed throughout the U.S., including the towers and other structures, such as rooftops (collectively, towers), and the route miles of fiber primarily supporting small cell networks (small cells) and fiber solutions. Co. refers to its towers, fiber and small cells assets collectively as communications infrastructure. Co.'s primary business is providing access, including space or capacity, to its shared communications infrastructure via long-term contracts in various forms, including lease, license, sublease and service agreements.
When researching a stock like Crown Castle International, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from CCI Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for CCI stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the CCI 200 day moving average ("CCI 200 DMA"), while one of the most popular "shorter look-backs" is the CCI 50 day moving average ("CCI 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Crown Castle International. |