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 03/13/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

67%

28%

My opinion

Bullish above 47.25 USD

My targets

52.85 USD (+5.66%)

53.74 USD (+7.44%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for CISCO SYSTEMS INC. as long as the price remains well above 47.25 USD. The buyers' bullish objective is set at 52.85 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 53.74 USD. If there is any crossing, the next objective would be the resistance located at 56.98 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 52.85 USD. On this resistance, against the trend traders who would like to go short on CISCO SYSTEMS INC. with a bearish signal from their trading strategy, should not hesitate to act.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

2.7

Comment on the analysis

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.

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Additional analysis

Quotes

The CISCO SYSTEMS INC. price is 50.02 USD. The price registered a decrease of -0.10% on the session and was traded between 49.87 USD and 50.07 USD over the period. The price is currently at +0.30% from its lowest and -0.10% from its highest.

49.87

50.07

50.02

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CISCO SYSTEMS INC.:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of CISCO SYSTEMS INC. in Daily shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Bullish doji star

Type : Bullish

Timeframe : Daily

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	37.80	44.80	47.25	50.02	50.48	52.85	53.74
Change (%)	-24.43%	-10.44%	-5.54%	-	+0.92%	+5.66%	+7.44%
Change	-12.22	-5.22	-2.77	-	+0.46	+2.83	+3.72
Level	Major	Minor	Major	-	Major	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	49.11	49.50	49.78	50.17	50.45	50.84	51.12
Camarilla	49.89	49.95	50.01	50.07	50.13	50.19	50.25
Woodie	49.07	49.47	49.74	50.14	50.41	50.81	51.08
Fibonacci	49.50	49.75	49.91	50.17	50.42	50.58	50.84

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	46.99	47.61	48.55	49.17	50.11	50.73	51.67
Camarilla	49.07	49.21	49.36	49.50	49.64	49.79	49.93
Woodie	47.16	47.69	48.72	49.25	50.28	50.81	51.84
Fibonacci	47.61	48.20	48.57	49.17	49.76	50.13	50.73

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	44.52	46.18	47.28	48.94	50.04	51.70	52.80
Camarilla	47.61	47.86	48.12	48.37	48.62	48.88	49.13
Woodie	44.23	46.04	46.99	48.80	49.75	51.56	52.51
Fibonacci	46.18	47.24	47.89	48.94	50.00	50.65	51.70

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):	55.68
MACD (12,26,9):	-0.0100
Directional Movement:	8.35
AROON (14):	50.00
DEMA (21):	49.22
Parabolic SAR (0,02-0,02-0,2):	48.35
Elder Ray (13):	0.60
Super Trend (3,10):	48.06
Zig ZAG (10):	49.91
VORTEX (21):	0.9600
Stochastique (14,3,5):	86.53
TEMA (21):	49.44
Williams %R (14):	-21.11
Chande Momentum Oscillator (20):	1.53
Repulse (5,40,3):	0.0000
ROCnROLL:	1
TRIX (15,9):	-0.0800
Courbe Coppock:	3.30

MA7:	49.54
MA20:	48.97
MA50:	49.95
MA100:	49.98
MAexp7:	49.62
MAexp20:	49.35
MAexp50:	49.66
MAexp100:	50.09
Price / MA7:	+0.97%
Price / MA20:	+2.14%
Price / MA50:	+0.14%
Price / MA100:	+0.08%
Price / MAexp7:	+0.81%
Price / MAexp20:	+1.36%
Price / MAexp50:	+0.72%
Price / MAexp100:	-0.14%

Quotes : - 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:

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

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