CISCO SYSTEMS INC. - 1H - Technical analysis published on 05/10/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 46.98 USD
My targets
48.93 USD (+2.41%)
49.56 USD (+3.73%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CISCO SYSTEMS INC. as long as the price remains well above 46.98 USD. The buyers' bullish objective is set at 48.93 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 49.56 USD. If there is any crossing, the next objective would be the resistance located at 50.07 USD.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.6
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Additional analysis
Quotes
The CISCO SYSTEMS INC. rating is 47.78 USD. The price registered a decrease of -0.02% on the session and was traded between 47.70 USD and 48.00 USD over the period. The price is currently at +0.17% from its lowest and -0.46% from its highest.47.70
48.00
47.78
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
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. 75.00% 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 is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 6 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
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:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
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 | 46.60 | 46.98 | 47.67 | 47.78 | 48.93 | 49.56 | 50.07 |
| Change (%) | -2.47% | -1.67% | -0.23% | - | +2.41% | +3.73% | +4.79% |
| Change | -1.18 | -0.80 | -0.11 | - | +1.15 | +1.78 | +2.29 |
| Level | Intermediate | Intermediate | Major | - | Minor | Minor | 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 | 47.16 | 47.40 | 47.60 | 47.84 | 48.04 | 48.28 | 48.48 |
| Camarilla | 47.67 | 47.71 | 47.75 | 47.79 | 47.83 | 47.87 | 47.91 |
| Woodie | 47.13 | 47.39 | 47.57 | 47.83 | 48.01 | 48.27 | 48.45 |
| Fibonacci | 47.40 | 47.57 | 47.68 | 47.84 | 48.01 | 48.12 | 48.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 44.67 | 45.63 | 46.38 | 47.34 | 48.09 | 49.05 | 49.80 |
| Camarilla | 46.65 | 46.81 | 46.96 | 47.12 | 47.28 | 47.43 | 47.59 |
| Woodie | 44.56 | 45.58 | 46.27 | 47.29 | 47.98 | 49.00 | 49.69 |
| Fibonacci | 45.63 | 46.29 | 46.69 | 47.34 | 48.00 | 48.40 | 49.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 42.67 | 44.82 | 45.90 | 48.05 | 49.13 | 51.28 | 52.36 |
| Camarilla | 46.09 | 46.39 | 46.68 | 46.98 | 47.28 | 47.57 | 47.87 |
| Woodie | 42.14 | 44.55 | 45.37 | 47.78 | 48.60 | 51.01 | 51.83 |
| Fibonacci | 44.82 | 46.05 | 46.82 | 48.05 | 49.28 | 50.05 | 51.28 |
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): | 53.82 | |
| MACD (12,26,9): | 0.1200 | |
| Directional Movement: | 11.15 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 47.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 48.00 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 47.45 | |
| Zig ZAG (10): | 47.73 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 31.21 | |
| TEMA (21): | 47.91 | |
| Williams %R (14): | -81.65 | |
| Chande Momentum Oscillator (20): | -0.30 | |
| Repulse (5,40,3): | -0.3300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.45 |
| MA7: | 47.41 | |
| MA20: | 47.73 | |
| MA50: | 48.51 | |
| MA100: | 49.07 | |
| MAexp7: | 47.78 | |
| MAexp20: | 47.70 | |
| MAexp50: | 47.57 | |
| MAexp100: | 47.69 | |
| Price / MA7: | +0.78% | |
| Price / MA20: | +0.10% | |
| Price / MA50: | -1.50% | |
| Price / MA100: | -2.63% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.17% | |
| Price / MAexp50: | +0.44% | |
| Price / MAexp100: | +0.19% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on CISCO SYSTEMS INC. at the time of the generation of this analysis was as follows:
- NightDragon, Cisco, WWT Partner with NPower to Drive Talent Diversity in Cyber Industry
- Cisco Unlocks AI-Powered Intelligence for Self-Hosted Observability
- Increasing Cybersecurity Awareness and Skills Training Across India
- Cisco Schedules Conference Call for Q3 Fiscal Year 2024 Financial Results
- Cisco is Delivering on Platform Strategy with Rapid Innovation Across Cisco Security Cloud
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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