CISCO SYSTEMS INC. - 1H - Technical analysis published on 04/29/2021 (GMT)
- 250
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 51.37 USD
My targets
50.68 USD (-0.65%)
50.28 USD (-1.43%)
My analysis
The bearish trend is currently very strong for CISCO SYSTEMS INC.. As long as the price remains below the resistance at 51.37 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 50.68 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 50.28 USD as an objective. Crossing it would then enable sellers to target 49.62 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish 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
CISCO SYSTEMS INC. rating 51.01 USD. The price registered a decrease of -0.20% on the session and was between 50.98 USD and 51.60 USD. This implies that the price is at +0.06% from its lowest and at -1.14% from its highest.50.98
51.60
51.01
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CISCO SYSTEMS INC. indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 49.62 | 50.28 | 50.68 | 51.01 | 51.37 | 51.77 | 52.14 |
| Change (%) | -2.72% | -1.43% | -0.65% | - | +0.71% | +1.49% | +2.22% |
| Change | -1.39 | -0.73 | -0.33 | - | +0.36 | +0.76 | +1.13 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.91 | 50.42 | 50.76 | 51.27 | 51.61 | 52.12 | 52.46 |
| Camarilla | 50.88 | 50.95 | 51.03 | 51.11 | 51.19 | 51.27 | 51.34 |
| Woodie | 49.84 | 50.38 | 50.69 | 51.23 | 51.54 | 52.08 | 52.39 |
| Fibonacci | 50.42 | 50.74 | 50.94 | 51.27 | 51.59 | 51.79 | 52.12 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.29 | 50.24 | 51.07 | 52.02 | 52.85 | 53.80 | 54.63 |
| Camarilla | 51.42 | 51.58 | 51.75 | 51.91 | 52.07 | 52.24 | 52.40 |
| Woodie | 49.24 | 50.21 | 51.02 | 51.99 | 52.80 | 53.77 | 54.58 |
| Fibonacci | 50.24 | 50.92 | 51.34 | 52.02 | 52.70 | 53.12 | 53.80 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.47 | 40.81 | 46.26 | 49.60 | 55.05 | 58.39 | 63.84 |
| Camarilla | 49.29 | 50.10 | 50.90 | 51.71 | 52.52 | 53.32 | 54.13 |
| Woodie | 38.53 | 41.34 | 47.32 | 50.13 | 56.11 | 58.92 | 64.90 |
| Fibonacci | 40.81 | 44.17 | 46.24 | 49.60 | 52.96 | 55.03 | 58.39 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 37.38 | |
| MACD (12,26,9): | -0.1600 | |
| Directional Movement: | -0.60 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 51.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 50.95 | |
| Elder Ray (13): | -0.12 | |
| Super Trend (3,10): | 51.68 | |
| Zig ZAG (10): | 51.11 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 30.20 | |
| TEMA (21): | 51.08 | |
| Williams %R (14): | -88.24 | |
| Chande Momentum Oscillator (20): | -0.39 | |
| Repulse (5,40,3): | -0.6400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 1.44 |
| MA7: | 51.50 | |
| MA20: | 51.82 | |
| MA50: | 49.59 | |
| MA100: | 47.47 | |
| MAexp7: | 51.15 | |
| MAexp20: | 51.31 | |
| MAexp50: | 51.55 | |
| MAexp100: | 51.62 | |
| Price / MA7: | -0.95% | |
| Price / MA20: | -1.56% | |
| Price / MA50: | +2.86% | |
| Price / MA100: | +7.46% | |
| Price / MAexp7: | -0.27% | |
| Price / MAexp20: | -0.58% | |
| Price / MAexp50: | -1.05% | |
| Price / MAexp100: | -1.18% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The last news published on CISCO SYSTEMS INC. at the time of the generation of this analysis was as follows:
- Cisco Announces May 2021 Event with the Financial Community
- Cisco AppDynamics Expands Global Software-as-a-Service Offering With Five New Locations
- Cisco Commits $100 Million to Help Address Climate Crisis
- Cisco (AppDynamics) Named a Leader for Ninth Time in 2021 Gartner Magic Quadrant for Application Performance Monitoring
- Cisco Becomes an Official Technology Partner of the National Football League
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