CISCO SYSTEMS INC.
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 06/19/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 51.78 USD
My targets
56.95 USD (+1.61%)
My analysis
The bullish trend is currently very strong on CISCO SYSTEMS INC.. As long as the price remains above the support at 51.78 USD, you could try to benefit from the boom. The first bullish objective is located at 56.95 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

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:
15 min. 1H Weekly

Additional analysis

Quotes

CISCO SYSTEMS INC. rating 56.05 USD. The price has increased by +1.17% since the last closing with the lowest point at 55.75 USD and the highest point at 56.65 USD. The deviation from the price is +0.54% for the low point and -1.06% for the high point.

55.75
56.65
56.05

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

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:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of CISCO SYSTEMS INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily



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

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


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:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 43.84 49.14 51.78 56.05 56.95
Change (%) -21.78% -12.33% -7.62% - +1.61%
Change -12.21 -6.91 -4.27 - +0.90
Level Minor Major Major - Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard54.4154.6355.0255.2455.6355.8556.24
Camarilla55.2355.2955.3455.4055.4655.5155.57
Woodie54.4954.6755.1055.2855.7155.8956.31
Fibonacci54.6354.8755.0155.2455.4855.6255.85


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard50.8552.7653.7555.6656.6558.5659.55
Camarilla53.9554.2254.4854.7555.0255.2855.55
Woodie50.4052.5353.3055.4356.2058.3359.10
Fibonacci52.7653.8654.5555.6656.7657.4558.56

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): 55.46
MACD (12,26,9): 0.3900
Directional Movement: 8.14
AROON (14): 42.86
DEMA (21): 55.50
Parabolic SAR (0,02-0,02-0,2): 53.32
Elder Ray (13): 0.89
Super Trend (3,10): 53.56
Zig ZAG (10): 56.05
VORTEX (21): 0.9300
Stochastique (14,3,5): 64.44
TEMA (21): 55.78
Williams %R (14): -24.86
Chande Momentum Oscillator (20): 4.02
Repulse (5,40,3): -0.6900
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 6.80
MA7: 55.97
MA20: 54.80
MA50: 55.04
MA100: 52.92
MAexp7: 55.61
MAexp20: 55.08
MAexp50: 54.43
MAexp100: 52.82
Price / MA7: +0.14%
Price / MA20: +2.28%
Price / MA50: +1.84%
Price / MA100: +5.91%
Price / MAexp7: +0.79%
Price / MAexp20: +1.76%
Price / MAexp50: +2.98%
Price / MAexp100: +6.12%

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

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