We assign a technical rating of 5 out of 10 to CSCO. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
CSCO has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
64.56
We found 4 important support areas.
- A support zone ranging from 73.87 to 73.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @70.50 from a trend line in the daily time frame.
- Support @67.18 from a horizontal line in the daily time frame.
- Support @65.21 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 74.21 to 76.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @78.42 from a horizontal line in the weekly time frame.
- Resistance @80.25 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CSCO is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CSCO is down. |
| ChartMill Relative Strength | 75.59 | POSITIVE | CSCO has a high relative strength, it outperformed 75.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CSCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CSCO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CSCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.17 | NEUTRAL | The RSI value for CSCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests CSCO has a negative trend. |
| Stochastics (14,3) | 9.09 | OVERSOLD | The low Stochastics value suggests CSCO may be oversold. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for CSCO suggests low volalility. |
| Average Directional Index/ADX (14) | 23.71 | NEUTRAL | The ADX value for CSCO suggests a possible start of a new trend. |
73.88
-0.08 (-0.11%)
CISCO SYSTEMS INC / CSCO FAQ
What is the ChartMill technical rating of CISCO SYSTEMS INC (CSCO) stock?
ChartMill assigns a technical rating of 5 / 10 to CSCO.
What is the current trend direction of CISCO SYSTEMS INC (CSCO) stock?
The current trend direction for CISCO SYSTEMS INC (CSCO) is Bullish.
What is the RSI signal for CISCO SYSTEMS INC (CSCO) stock?
CISCO SYSTEMS INC (CSCO) has an RSI value of 34.17. This indicates that the stock is currently neutral.
What is the short term momentum for CISCO SYSTEMS INC (CSCO) stock?
The short term momentum for CISCO SYSTEMS INC (CSCO) is negative.
What is the support and resistance level for CSCO stock?
CISCO SYSTEMS INC (CSCO) has a support level at 73.87 and a resistance level at 74.21. Check the full technical report for our detailed analysis of CSCO support and resistance levels.