CISCO SYSTEMS INC. - Daily - Technical analysis published on 10/14/2024 (GMT)
- 142
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 52.82 USD
My targets
55.61 USD (+2.66%)
58.24 USD (+7.51%)
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 52.82 USD. The buyers' bullish objective is set at 55.61 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 58.24 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.6
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CISCO SYSTEMS INC. rating is 54.17 USD. On the day, this instrument lost -0.15% and was traded between 53.79 USD and 54.40 USD over the period. The price is currently at +0.71% from its lowest and -0.42% from its highest.53.79
54.40
54.17
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
Here is a more detailed summary of the historical variations registered by CISCO SYSTEMS INC.:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this CISCO SYSTEMS INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 51.07 | 52.82 | 53.84 | 54.17 | 55.61 | 58.24 |
| Change (%) | -5.72% | -2.49% | -0.61% | - | +2.66% | +7.51% |
| Change | -3.10 | -1.35 | -0.33 | - | +1.44 | +4.07 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | 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 | 52.93 | 53.22 | 53.74 | 54.03 | 54.55 | 54.84 | 55.36 |
| Camarilla | 54.03 | 54.10 | 54.18 | 54.25 | 54.32 | 54.40 | 54.47 |
| Woodie | 53.04 | 53.28 | 53.85 | 54.09 | 54.66 | 54.90 | 55.47 |
| Fibonacci | 53.22 | 53.53 | 53.72 | 54.03 | 54.34 | 54.53 | 54.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50.71 | 51.45 | 52.85 | 53.59 | 54.99 | 55.73 | 57.13 |
| Camarilla | 53.66 | 53.86 | 54.05 | 54.25 | 54.45 | 54.64 | 54.84 |
| Woodie | 51.04 | 51.62 | 53.18 | 53.76 | 55.32 | 55.90 | 57.46 |
| Fibonacci | 51.45 | 52.27 | 52.77 | 53.59 | 54.41 | 54.91 | 55.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 43.82 | 45.65 | 49.24 | 51.07 | 54.66 | 56.49 | 60.08 |
| Camarilla | 51.33 | 51.83 | 52.32 | 52.82 | 53.32 | 53.81 | 54.31 |
| Woodie | 44.69 | 46.09 | 50.11 | 51.51 | 55.53 | 56.93 | 60.95 |
| Fibonacci | 45.65 | 47.72 | 49.00 | 51.07 | 53.14 | 54.42 | 56.49 |
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): | 74.96 | |
| MACD (12,26,9): | 1.1100 | |
| Directional Movement: | 21.05 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 53.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 52.38 | |
| Elder Ray (13): | 1.14 | |
| Super Trend (3,10): | 52.05 | |
| Zig ZAG (10): | 54.18 | |
| VORTEX (21): | 1.2600 | |
| Stochastique (14,3,5): | 92.32 | |
| TEMA (21): | 54.10 | |
| Williams %R (14): | -8.42 | |
| Chande Momentum Oscillator (20): | 1.74 | |
| Repulse (5,40,3): | 1.8900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3000 | |
| Courbe Coppock: | 7.56 |
| MA7: | 53.36 | |
| MA20: | 52.40 | |
| MA50: | 49.91 | |
| MA100: | 48.08 | |
| MAexp7: | 53.52 | |
| MAexp20: | 52.39 | |
| MAexp50: | 50.59 | |
| MAexp100: | 49.27 | |
| Price / MA7: | +1.52% | |
| Price / MA20: | +3.38% | |
| Price / MA50: | +8.54% | |
| Price / MA100: | +12.67% | |
| Price / MAexp7: | +1.21% | |
| Price / MAexp20: | +3.40% | |
| Price / MAexp50: | +7.08% | |
| Price / MAexp100: | +9.95% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The latest news and videos published on CISCO SYSTEMS INC. at the time of the analysis were as follows:
- Paltalk Holdings Announces Judge Enters Final Judgment in Connection With Cisco Jury Verdict
- For Climate Week NYC, Cisco Highlights Its Innovation and Leadership
- Q2 Metals Drills 215.6m at 1.69% Li2O including 64.6m at 2.29% Li2O at the Cisco Lithium Property, James Bay, Quebec, Canada
- MEDIA ALERT: Top Global Brands and Trevor Noah, Emmy Award-Winning Comedian, Podcast Host & Bestselling Author, Take Center Stage at Cisco's WebexOne Event
- Cisco and BT Partner To Upskill Ukrainian Refugees in Ireland
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. - Daily