CISCO SYSTEMS INC.
CISCO SYSTEMS INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CSCO
ISIN:

CISCO SYSTEMS INC. - Daily - Technical analysis published on 07/23/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 45.84 USD
My targets
49.93 USD (+6.46%)
53.39 USD (+13.84%)
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 45.84 USD. The next resistance located at 49.93 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 53.39 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4

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 ALBAYANTRADERS. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The CISCO SYSTEMS INC. price is 46.90 USD. The price registered a decrease of -0.26% on the session and was between 46.53 USD and 47.11 USD. This implies that the price is at +0.80% from its lowest and at -0.45% from its highest.

46.53
47.11
46.90

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of CISCO SYSTEMS INC. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 40.28 43.64 45.84 46.90 47.11 49.93 58.05
Change (%) -14.12% -6.95% -2.26% - +0.45% +6.46% +23.77%
Change -6.62 -3.26 -1.06 - +0.21 +3.03 +11.15
Level Major Major Intermediate - Intermediate 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
Standard46.3346.5946.8147.0747.2847.5447.76
Camarilla46.8946.9346.9847.0247.0647.1147.15
Woodie46.3146.5846.7847.0547.2647.5347.73
Fibonacci46.5946.7746.8847.0747.2547.3647.54


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard43.8544.5245.6446.3147.4348.1049.22
Camarilla46.2646.4246.5946.7546.9147.0847.24
Woodie44.0744.6345.8646.4247.6548.2149.44
Fibonacci44.5245.2145.6346.3147.0047.4248.10


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard39.4441.5444.0946.1948.7450.8453.39
Camarilla45.3645.7946.2146.6447.0747.4947.92
Woodie39.6741.6544.3246.3048.9750.9553.62
Fibonacci41.5443.3244.4146.1947.9749.0650.84

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 55.75
MACD (12,26,9): 0.3300
Directional Movement: 4.77
AROON (14): 21.43
DEMA (21): 46.74
Parabolic SAR (0,02-0,02-0,2): 44.30
Elder Ray (13): 0.35
Super Trend (3,10): 48.62
Zig ZAG (10): 46.90
VORTEX (21): 1.0200
Stochastique (14,3,5): 84.79
TEMA (21): 46.67
Williams %R (14): -20.00
Chande Momentum Oscillator (20): 0.48
Repulse (5,40,3): 1.0100
ROCnROLL: 1
TRIX (15,9): 0.0800
Courbe Coppock: 3.14
MA7: 46.58
MA20: 46.20
MA50: 45.86
MA100: 42.95
MAexp7: 46.67
MAexp20: 46.31
MAexp50: 45.51
MAexp100: 44.91
Price / MA7: +0.69%
Price / MA20: +1.52%
Price / MA50: +2.27%
Price / MA100: +9.20%
Price / MAexp7: +0.49%
Price / MAexp20: +1.27%
Price / MAexp50: +3.05%
Price / MAexp100: +4.43%

Quotes : 2020-07-22 19:59:59 - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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