What is CCI in trading?
First developed by Donald Lambert, the CCI is a stochastic oscillator that measures the change in an instrument's price relative to a pre-defined moving average (MA) of the price divided by 1.5% of a normal deviation (D) from that average.
Is CCI a good stock to buy now?
CCI has a Quality Grade of C, ranking ahead of 72.46% of graded US stocks. CCI's asset turnover comes in at 0.156 -- ranking 114th of 458 Trading stocks. MGP, LIVE, and HLI are the stocks whose asset turnover ratios are most correlated with CCI.
What is CCI (commodity channel index)?
How traders use CCI (Commodity Channel Index) to trade stock trends. The CCI, or Commodity Channel Index, was developed by Donald Lambert, a technical analyst who originally published the indicator in Commodities magazine (now Futures) in 1980. Despite its name, the CCI can be used in any market and is not just for commodities.
How do you calculate CCI for commodities?
Calculation. The Commodity Channel Index (CCI) is calculated by determining the difference between the mean price of a security and the average of the means over the period chosen. This difference is compared to the average difference over the time period. Comparing the differences of the averages allows for the commodities volatility.
What does CCI mean in stocks?
Commodity Channel IndexDescription. The Commodity Channel Index (CCI) measures the current price level relative to an average price level over a given period of time. CCI is relatively high when prices are far above their average. CCI is relatively low when prices are far below their average.
Is CCI stock a good buy?
Out of 14 analysts, 5 (35.71%) are recommending CCI as a Strong Buy, 4 (28.57%) are recommending CCI as a Buy, 4 (28.57%) are recommending CCI as a Hold, 0 (0%) are recommending CCI as a Sell, and 1 (7.14%) are recommending CCI as a Strong Sell.
Is CCI a buy or sell?
The median P/B ratio for stocks in the S&P is just over 3....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows
What is a good CCI?
The downtrend is in effect until the longer-term CCI rallies above +100. The chart indicates that you should take a short trade when the CCI rallies above +100 and then drops back below +100 on the shorter-term chart.
Who owns CCI stock?
Institutional investorsInstitutional investors hold a majority ownership of CCI through the 92.70% of the outstanding shares that they control....Top 10 Owners of Crown Castle International Corp.StockholderThe Vanguard Group, Inc.Stake12.69%Shares owned54,964,995Total value ($)10,180,066,7249 more columns
Is CCI stock overvalued?
Overall, Crown Castle International (NYSE:CCI, 30-year Financials) stock is estimated to be significantly overvalued. The company's financial condition is poor and its profitability is strong. Its growth ranks better than 81% of the companies in REITs industry.
Will Crown Castle stock go up?
Stock Price Forecast The 19 analysts offering 12-month price forecasts for Crown Castle International Corp have a median target of 202.00, with a high estimate of 230.00 and a low estimate of 135.00. The median estimate represents a +27.95% increase from the last price of 157.87.
Is Crown Castle a Buy Sell or Hold?
Crown Castle International has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 8 buy ratings, 4 hold ratings, and 2 sell ratings.
Is Crown Castle a good buy now?
Crown Castle is a buy right now Based on Crown Castle's current $174 share price and midpoint AFFO per share guidance of $7.36 for 2022, the stock is priced at an AFFO per share multiple of just under 24. This is arguably a fair valuation to pay, considering Crown Castle's growth tailwinds.
Which is better CCI or RSI?
Generally speaking, the RSI is considered a more reliable tool than the CCI for most markets, and many traders prefer its relative simplicity.
How do you read the CCI index?
0:304:05Commodity Channel Index (CCI) Explained - YouTubeYouTubeStart of suggested clipEnd of suggested clipThe indicator is plotted around three horizontal lines that form a channel. One channel line is setMoreThe indicator is plotted around three horizontal lines that form a channel. One channel line is set at zero. Another at negative 100. And a third at positive 100 the CCI is calculated. So that
What is the best period for CCI?
… the CCI can be used on almost any time frame. … the standard setting on the CCI indicator is 14, meaning it will measure recent price changes against average price changes over 14 time periods.
Is Crown Castle a good buy now?
Crown Castle is a buy right now Based on Crown Castle's current $174 share price and midpoint AFFO per share guidance of $7.36 for 2022, the stock is priced at an AFFO per share multiple of just under 24. This is arguably a fair valuation to pay, considering Crown Castle's growth tailwinds.
Will Crown Castle stock go up?
Stock Price Forecast The 19 analysts offering 12-month price forecasts for Crown Castle International Corp have a median target of 202.00, with a high estimate of 230.00 and a low estimate of 135.00. The median estimate represents a +27.95% increase from the last price of 157.87.
Is PLD stock a buy?
The consensus among 12 Wall Street analysts covering (NYSE: PLD) stock is to Strong Buy PLD stock.
Is Crown Castle International a buy right now?
13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crown Castle International in the last year. There are...
Are investors shorting Crown Castle International?
Crown Castle International saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 4,340,000 sh...
When is Crown Castle International's next earnings date?
Crown Castle International is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022. View our earnings foreca...
How were Crown Castle International's earnings last quarter?
Crown Castle International Corp. (NYSE:CCI) announced its quarterly earnings data on Wednesday, April, 20th. The real estate investment trust repor...
How often does Crown Castle International pay dividends? What is the dividend yield for Crown Castle International?
Crown Castle International announced a quarterly dividend on Tuesday, May 10th. Investors of record on Wednesday, June 15th will be paid a dividend...
Is Crown Castle International a good dividend stock?
Crown Castle International pays an annual dividend of $5.88 per share and currently has a dividend yield of 3.14%. Crown Castle International has b...
What guidance has Crown Castle International issued on next quarter's earnings?
Crown Castle International issued an update on its FY 2022 earnings guidance on Wednesday, April, 27th. The company provided earnings per share gui...
What price target have analysts set for CCI?
13 analysts have issued 12 month price targets for Crown Castle International's shares. Their forecasts range from $162.00 to $224.00. On average,...
Who are Crown Castle International's key executives?
Crown Castle International's management team includes the following people: Mr. Jay A. Brown , Pres, CEO & Director (Age 49, Pay $4.05M) Mr. Dan...
When will Crown Castle International release its earnings?
How much dividend does Crown Castle pay?
Crown Castle International is scheduled to release its next quarterly earnings announcement on Wednesday, July 21st 2021. View our earnings forecast for Crown Castle International.
Why is Crown Castle International's payout ratio above 75% not desirable?
Crown Castle International pays an annual dividend of $5.32 per share and currently has a dividend yield of 2.63%. Crown Castle International has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Crown Castle International is 78.47%.
How much does Crown Castle International make?
Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Crown Castle International will have a dividend payout ratio of 75.68% in the coming year. This indicates that Crown Castle International may not be able to sustain their current dividend.
When is Crown Castle earnings call?
Crown Castle International has a market capitalization of $87.00 billion and generates $5.84 billion in revenue each year. The real estate investment trust earns $1.06 billion in net income (profit) each year or $6.78 on an earnings per share basis.
How to calculate CCI?
Crown Castle International will be holding an earnings conference call on Thursday, July 22nd at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 888-203-1112 with passcode "1720768".
What does it mean when the CCI is falling?
How to Calculate the Commodity Channel Index (CCI) 1 Determine how many periods your CCI will analyze. Twenty is commonly used. Fewer periods result in a more volatile indicator, while more periods will make it smoother. For this calculation, we will assume 20 periods. Adjust the calculation if using a different number. 2 In a spreadsheet, track the high, low, and close for 20 periods and compute the typical price. 3 After 20 periods, compute the moving average (MA) of the typical price by summing the last 20 typical prices and dividing by 20. 4 Calculate the mean deviation by subtracting the MA from the typical price for the last 20 periods. Sum the absolute values (ignore minus signs) of these figures and then divide by 20. 5 Insert the most recent typical price, the MA, and the mean deviation into the formula to compute the current CCI reading. 6 Repeat the process as each new period ends.
What is the difference between a stochastic oscillator and a CCI?
If the price is rising and the CCI is falling, this can indicate a weakness in the trend. While divergence is a poor trade signal, since it can last a long time and doesn't always result in a price reversal, it can be good for at least warning the trader that there is the possibility of a reversal.
Can CCI be used for commodities?
One of the main differences is that the Stochastic Oscillator is bound between zero and 100, while the CCI is unbounded. Due to the calculation differences, they will provide different signals at different times, such as overbought and oversold readings.
Is CCI subjective?
Despite its name, the CCI can be used in any market and is not just for commodities. Overbought or oversold levels are not fixed since the indicator is unbound. Therefore, traders look to past readings on the indicator to get a sense of where the price reversed. For one stock, it may tend to reverse near +200 and -150.
What is the CCI?
While often used to spot overbought and oversold conditions, the CCI is highly subjective in this regard. The indicator is unbound and, therefore, prior overbought and oversold levels may have little impact in the future.
Is CCI an unbound oscillator?
The Commodity Channel Index (CCI) measures the current price level relative to an average price level over a given period of time. CCI is relatively high when prices are far above their average. CCI is relatively low when prices are far below their average. Using this method, CCI can be used to identify overbought and oversold levels.
CCI POWR Grades
Note: CCI is an unbound oscillator, meaning there is no upside or downside limits. This makes interpreting an overbought or oversold condition subjective. When the CCI is overbought the security can continue to move higher. When the CCI is oversold the security can continue lower as well.
CCI Stock Summary
CCI scores best on the Growth dimension, with a Growth rank ahead of 95.24% of US stocks.
CCI Valuation Summary
CCI has a higher market value than 96.56% of US stocks; more precisely, its current market capitalization is $74,792,772,066.
CCI Growth Metrics
CCI's price/sales ratio is 14.1; this is 729.41% higher than that of the median Real Estate stock.
CCI's Quality Factors
Its 2 year net income to common stockholders growth rate is now at 104.46%.
Latest CCI News From Around the Web
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
New York Stock Exchange
Below are the latest news stories about Crown Castle International Corp that investors may wish to consider to help them evaluate CCI as an investment opportunity.
Environmental, Social, and Governance Rating
The Company owns, operates and leases towers for wireless communications. It engages in such activities through a variety of structures, including subleasing and management arrangements.
Business Summary
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
What is a CCI strategy?
The Company owns, operates and leases towers for wireless communications. It engages in such activities through a variety of structures, including subleasing and management arrangements.
What is CCI chart?
A basic CCI strategy is used to track the CCI for movement above +100, which generates buy signals, and movements below -100, which generates sell or short trade signals. 6 Investors may only want to take the buy signals, exit when the sell signals occur, and then re-invest when the buy signal occurs again.
What is CCI indicator?
The CCI was originally developed to spot long-term trend changes but has been adapted by traders for use on all markets or timeframes. 1 Trading with multiple timeframes provides more buy or sell signals for active traders. Traders often use the CCI on the longer-term chart to establish the dominant trend and on the shorter-term chart ...
Can you use CCI on multiple timeframes?
The CCI, or Commodity Channel Index, was developed by Donald Lambert, a technical analyst who originally published the indicator in Commodities magazine (now Futures) in 1980. 1 Despite its name, the CCI can be used in any market and is not just for commodities . The CCI was originally developed to spot long-term trend changes ...
Start Trading in 10 Minutes
The CCI can also be used on multiple timeframes. A long-term chart is used to establish the dominant trend, while a short-term chart establishing pullbacks and entry points into that trend. More active traders commonly use a multiple timeframe strategy, and one can even be used for day trading, as the "long term" and "short term" is relative ...
Understanding Stock CCI Indicator - With Examples
Apply everything you’ve learnt on a real trading account with up to 1:777 leverage, negative balance protection and outstanding support.
The Dangers of Using CCI Indicator for Stocks
The Commodity Channel Index indicator evaluates the relationship between the price of a security and its moving average. The indicator is plotted around three horizontal lines that form a channel. One channel line is set at zero, another at -100, and the third at +100.
Start Trading in 10 Minutes
Every trader should keep in mind that the CCI, like other indicators, is not a guarantee that the price of a security will change. Therefore, it is extremely important that every investor should take the risks into full consideration.
Stock Market CCI Indicator - Key Takeaways
Apply everything you’ve learnt on a real trading account with up to 1:777 leverage, negative balance protection and outstanding support.
FAQ on Trading Stocks With CCI
The Commodity Channel Index, or CCI, is an oscillating indicator that can be used by investors to determine probable entry and exit signals in the stock market. It examines the link between a security's price and its moving average.
