CISCO SYSTEMS INC [CBOE]

- EUR (-)

- Real time data - Cboe

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Type:	Stocks
Ticker:	CIS_GY
ISIN:

CISCO SYSTEMS INC [CBOE] - 1H - Technical analysis published on 11/09/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 53.622 EUR

My targets

56.352 EUR (+4.37%)

58.595 EUR (+8.52%)

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 [CBOE] as long as the price remains well above 53.622 EUR. The buyers' bullish objective is set at 56.352 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 58.595 EUR. If there is any crossing, the next objective would be the resistance located at 68.669 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.6

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.

This analysis was given by gsanzmagallon. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CISCO SYSTEMS INC [CBOE] rating is 53.995 EUR. On the day, this instrument gained +0.72% with the lowest point at 53.860 EUR and the highest point at 54.110 EUR. The deviation from the price is +0.25% for the low point and -0.21% for the high point.

53.860

54.110

53.995

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

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

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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

Technical analysis of this 1H chart of CISCO SYSTEMS INC [CBOE] indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

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

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Black gravestone / inverted hammer

Type : Bearish

Timeframe : 1 hour

Bearish harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	50.100	52.440	53.622	53.995	68.669	83.044	95.717
Change (%)	-7.21%	-2.88%	-0.69%	-	+27.18%	+53.80%	+77.27%
Change	-3.895	-1.555	-0.373	-	+14.674	+29.049	+41.722
Level	Minor	Major	Major	-	Minor	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	53.617	53.738	53.867	53.988	54.117	54.238	54.367
Camarilla	53.926	53.949	53.972	53.995	54.018	54.041	54.064
Woodie	53.620	53.740	53.870	53.990	54.120	54.240	54.370
Fibonacci	53.738	53.834	53.893	53.988	54.084	54.143	54.238

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	48.332	49.510	51.753	52.931	55.174	56.352	58.595
Camarilla	53.054	53.368	53.681	53.995	54.309	54.622	54.936
Woodie	48.864	49.776	52.285	53.197	55.706	56.618	59.127
Fibonacci	49.510	50.817	51.625	52.931	54.238	55.046	56.352

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	42.625	44.986	47.818	50.179	53.011	55.372	58.204
Camarilla	49.222	49.698	50.174	50.650	51.126	51.602	52.078
Woodie	42.861	45.104	48.054	50.297	53.247	55.490	58.440
Fibonacci	44.986	46.970	48.195	50.179	52.163	53.388	55.372

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):	68.83
MACD (12,26,9):	0.5630
Directional Movement:	28.599
AROON (14):	78.571
DEMA (21):	53.042
Parabolic SAR (0,02-0,02-0,2):	52.102
Elder Ray (13):	0.867
Super Trend (3,10):	52.718
Zig ZAG (10):	53.610
VORTEX (21):	0.9980
Stochastique (14,3,5):	91.16
TEMA (21):	53.430
Williams %R (14):	-6.71
Chande Momentum Oscillator (20):	2.760
Repulse (5,40,3):	0.3080
ROCnROLL:	1
TRIX (15,9):	0.0800
Courbe Coppock:	8.66

MA7:	51.829
MA20:	51.544
MA50:	48.349
MA100:	45.997
MAexp7:	53.202
MAexp20:	52.421
MAexp50:	51.665
MAexp100:	50.356
Price / MA7:	+4.18%
Price / MA20:	+4.76%
Price / MA50:	+11.68%
Price / MA100:	+17.39%
Price / MAexp7:	+1.49%
Price / MAexp20:	+3.00%
Price / MAexp50:	+4.51%
Price / MAexp100:	+7.23%

Quotes : - Real time data - Cboe

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

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