CISCO SYSTEMS INC (CSCO) Technical Analysis
NASDAQ:CSCO • US17275R1023
Current stock price
CSCO Technical Rating and Analysis
Taking everything into account, CSCO scores 7 out of 10 in our technical rating. 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.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, CSCO did better than 79% of all other stocks. We also observe that the gains produced by CSCO over the past year are nicely spread over this period.
- CSCO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CSCO is performing more or less in line with the market.
- In the last month CSCO has a been trading in the 75.20 - 81.17 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- CSCO has an average volume of 24848900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CSCO is part of the Communications Equipment industry. There are 48 other stocks in this industry, CSCO did better than 40% of them.
CSCO Weekly and Daily overview Charts
CSCO Setup Rating and Analysis
CSCO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 77.54, a Stop Loss order could be placed below this zone.
More info and screens
CSCO Support and Resistance Analysis
67.20
When analyzing the support we can see 5 important areas.
- A support zone ranging from 76.65 to 77.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @75.44 from a horizontal line in the daily time frame.
- A support zone ranging from 73.35 to 73.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @71.65 from a trend line in the daily time frame.
- Support @67.88 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 77.69 to 78.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CSCO Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for CSCO is neutral. |
| ChartMill Relative Strength | 79.54 | POSITIVE | CSCO has a high relative strength, it outperformed 79.54% 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) | 46.76 | NEUTRAL | The RSI value for CSCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CSCO has a negative trend. |
| Stochastics (14,3) | 45.59 | NEUTRAL | The Stochastics value for CSCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for CSCO suggests some volalility. |
| Average Directional Index/ADX (14) | 15.1 | NEGATIVE | The low ADX value for CSCO suggests a weak or negative trend. |
CSCO Chart- and CandleStick Pattern Analysis
CSCO Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 78.53 | 76.64 | 1.89 (2.41%) | 25.00% |
| An entry @78.53. This is a Buy Stop order right above the resistance zone. | An exit @76.64. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.89 points, which is 2.41%. | For a 0.60% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CSCO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CSCO Technicals: Chart, Performance Metrics, Trend & Indicators
77.65
-0.86 (-1.1%)
CISCO SYSTEMS INC / CSCO TA FAQ
What is the ChartMill technical rating of CISCO SYSTEMS INC (CSCO) stock?
ChartMill assigns a technical rating of 7 / 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 46.7587. 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 neutral.
What is the support and resistance level for CSCO stock?
CISCO SYSTEMS INC (CSCO) has a support level at 77.54 and a resistance level at 77.69. Check the full technical report for our detailed analysis of CSCO support and resistance levels.