CISCO SYSTEMS INC. - 1H - Technical analysis published on 10/08/2020 (GMT)
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- 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:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 39.43 USD
My targets
40.28 USD (+1.18%)
41.17 USD (+3.42%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on CISCO SYSTEMS INC.. This is a positive signal for buyers. As long as the price remains above 39.43 USD, a purchase could be considered. The first bullish objective is located at 40.28 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 41.17 USD as an objective. Crossing it would then enable buyers to target 42.69 USD. In the event of a return below 39.43 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CISCO SYSTEMS INC. rating 39.81 USD. The price has increased by +1.04% since the last closing with the lowest point at 39.66 USD and the highest point at 40.18 USD. The deviation from the price is +0.38% for the low point and -0.92% for the high point.39.66
40.18
39.81
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CISCO SYSTEMS INC. in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced 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.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 37.85 | 38.69 | 39.43 | 39.81 | 40.28 | 41.17 | 42.69 |
| Change (%) | -4.92% | -2.81% | -0.95% | - | +1.18% | +3.42% | +7.23% |
| Change | -1.96 | -1.12 | -0.38 | - | +0.47 | +1.36 | +2.88 |
| Level | Major | Minor | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 38.13 | 38.45 | 38.93 | 39.25 | 39.73 | 40.05 | 40.53 |
| Camarilla | 39.18 | 39.25 | 39.33 | 39.40 | 39.47 | 39.55 | 39.62 |
| Woodie | 38.20 | 38.49 | 39.00 | 39.29 | 39.80 | 40.09 | 40.60 |
| Fibonacci | 38.45 | 38.76 | 38.95 | 39.25 | 39.56 | 39.75 | 40.05 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 35.86 | 36.92 | 37.59 | 38.65 | 39.32 | 40.38 | 41.05 |
| Camarilla | 37.79 | 37.95 | 38.11 | 38.27 | 38.43 | 38.59 | 38.75 |
| Woodie | 35.68 | 36.82 | 37.41 | 38.55 | 39.14 | 40.28 | 40.87 |
| Fibonacci | 36.92 | 37.58 | 37.99 | 38.65 | 39.31 | 39.72 | 40.38 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.01 | 34.80 | 37.10 | 39.89 | 42.19 | 44.98 | 47.28 |
| Camarilla | 37.99 | 38.46 | 38.92 | 39.39 | 39.86 | 40.32 | 40.79 |
| Woodie | 31.76 | 34.68 | 36.85 | 39.77 | 41.94 | 44.86 | 47.03 |
| Fibonacci | 34.80 | 36.75 | 37.95 | 39.89 | 41.84 | 43.04 | 44.98 |
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): | 68.71 | |
| MACD (12,26,9): | 0.3000 | |
| Directional Movement: | 22.52 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 39.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 38.82 | |
| Elder Ray (13): | 0.50 | |
| Super Trend (3,10): | 39.07 | |
| Zig ZAG (10): | 39.93 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 89.02 | |
| TEMA (21): | 39.86 | |
| Williams %R (14): | -13.58 | |
| Chande Momentum Oscillator (20): | 0.89 | |
| Repulse (5,40,3): | 0.4200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 4.75 |
| MA7: | 38.98 | |
| MA20: | 39.27 | |
| MA50: | 41.88 | |
| MA100: | 44.03 | |
| MAexp7: | 39.65 | |
| MAexp20: | 39.26 | |
| MAexp50: | 39.02 | |
| MAexp100: | 39.17 | |
| Price / MA7: | +2.13% | |
| Price / MA20: | +1.38% | |
| Price / MA50: | -4.94% | |
| Price / MA100: | -9.58% | |
| Price / MAexp7: | +0.40% | |
| Price / MAexp20: | +1.40% | |
| Price / MAexp50: | +2.02% | |
| Price / MAexp100: | +1.63% |
Quotes :
2020-10-08 15:23:54
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on CISCO SYSTEMS INC. at the time of the analysis were as follows:
- Flex Receives Cisco 2020 Excellence in Sustainability Award
- Internet2, Cisco Team Up To Deliver Advanced Networking Technology in Support of Research and Academic Collaboration
- Cisco Meraki Adds Fourth Phunware Listing to Meraki Marketplace with Higher Education Smart Campus Mobile Solution
- Marvell Receives Cisco 2020 Excellence in Quality and GSM Supplier of the Year Awards
- New Cisco Webex Innovations Help Employees Be More Productive from Anywhere and Help Companies Plan for a Safe Return to the Office
This member declared not having a position on this financial instrument or a related financial instrument.
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