CISCO SYSTEMS INC. - 1H - Technical analysis published on 06/02/2020 (GMT)
- Who voted?
- 313
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
28%
17%
56%
My opinion
Bullish above 44.12 USD
My targets
47.82 USD (+2.97%)
49.14 USD (+5.81%)
My analysis
CISCO SYSTEMS INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 44.12 USD. The next resistance located at 47.82 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 49.14 USD. After this resistance, buyers could then target 58.05 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
6.4
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CISCO SYSTEMS INC. price is 46.44 USD. The price has increased by +0.30% since the last closing and was between 45.88 USD and 46.65 USD. This implies that the price is at +1.22% from its lowest and at -0.45% from its highest.45.88
46.65
46.44
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CISCO SYSTEMS INC.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CISCO SYSTEMS INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 43.43 | 44.12 | 46.28 | 46.44 | 47.82 | 49.14 | 58.05 |
| Change (%) | -6.48% | -5.00% | -0.34% | - | +2.97% | +5.81% | +25.00% |
| Change | -3.01 | -2.32 | -0.16 | - | +1.38 | +2.70 | +11.61 |
| Level | Major | Minor | Major | - | Major | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 44.87 | 45.55 | 45.93 | 46.61 | 46.98 | 47.66 | 48.04 |
| Camarilla | 46.01 | 46.11 | 46.20 | 46.30 | 46.40 | 46.49 | 46.59 |
| Woodie | 44.72 | 45.47 | 45.77 | 46.53 | 46.83 | 47.58 | 47.88 |
| Fibonacci | 45.55 | 45.95 | 46.20 | 46.61 | 47.01 | 47.26 | 47.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 42.59 | 43.63 | 45.73 | 46.77 | 48.87 | 49.91 | 52.01 |
| Camarilla | 46.96 | 47.24 | 47.53 | 47.82 | 48.11 | 48.40 | 48.68 |
| Woodie | 43.11 | 43.90 | 46.25 | 47.04 | 49.39 | 50.18 | 52.53 |
| Fibonacci | 43.63 | 44.83 | 45.57 | 46.77 | 47.97 | 48.71 | 49.91 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 35.60 | 38.05 | 42.93 | 45.38 | 50.26 | 52.71 | 57.59 |
| Camarilla | 45.80 | 46.48 | 47.15 | 47.82 | 48.49 | 49.16 | 49.84 |
| Woodie | 36.83 | 38.66 | 44.16 | 45.99 | 51.49 | 53.32 | 58.82 |
| Fibonacci | 38.05 | 40.85 | 42.58 | 45.38 | 48.18 | 49.91 | 52.71 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.25 | |
| MACD (12,26,9): | 0.2400 | |
| Directional Movement: | 2.80 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 46.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 47.74 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 45.36 | |
| Zig ZAG (10): | 46.44 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 39.97 | |
| TEMA (21): | 46.57 | |
| Williams %R (14): | -59.96 | |
| Chande Momentum Oscillator (20): | 0.66 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 2.43 |
| MA7: | 45.97 | |
| MA20: | 44.26 | |
| MA50: | 42.19 | |
| MA100: | 43.21 | |
| MAexp7: | 46.42 | |
| MAexp20: | 46.26 | |
| MAexp50: | 45.74 | |
| MAexp100: | 44.98 | |
| Price / MA7: | +1.02% | |
| Price / MA20: | +4.93% | |
| Price / MA50: | +10.07% | |
| Price / MA100: | +7.48% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.39% | |
| Price / MAexp50: | +1.53% | |
| Price / MAexp100: | +3.25% |
Quotes :
2020-06-02 15:45:49
-
15 min delayed data
-
NASDAQ Stocks
News
Don"t forget to follow the news on CISCO SYSTEMS INC.. At the time of publication of this analysis, the latest news was as follows:
- Cisco Live 2020--Here's everything you need to know
- Cisco Announces Intent To Acquire ThousandEyes
- Ventev Partners with Cisco for IoT Design Program
- Cisco Announces June 2020 Events with the Financial Community
- Cisco Designed portfolio expands to focus on empowering small businesses for the "New Normal"
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis CISCO SYSTEMS INC. - 1H