CISCO SYSTEMS INC (CSCO) Stock Technical Analysis
NASDAQ:CSCO - US17275R1023 - Common Stock
67.32 USD
+0.3 (+0.45%)
67.09 USD
-0.23 (-0.34%)
We assign a technical rating of 6 out of 10 to CSCO. In the last year, CSCO was one of the better performers, but we do observe some doubts in the very recent evolution.
CSCO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
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 however is currently trading near a new high, so CSCO is lagging the market slightly.
CSCO has an average volume of 21125300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CSCO is an average performer in the Communications Equipment industry, it outperforms 55% of 48 stocks in the same industry.
CSCO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 67.18, a Stop Loss order could be placed below this zone.
More info and screens
59.28
69.15
2 important support areas can be observed.
- A support zone ranging from 66.20 to 67.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.88 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 68.07 to 68.47. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 79.66 | POSITIVE | CSCO has a high relative strength, it outperformed 79.66% 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) | 45.96 | NEUTRAL | The RSI value for CSCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests CSCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.59 | NEUTRAL | The Stochastics value for CSCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for CSCO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.27 | NEUTRAL | The ADX value for CSCO suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 68.48 | 66.19 | 2.29 (3.34%) | 25.00% |
| An entry @68.48. This is a Buy Stop order right above the resistance zone. | An exit @66.19. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.29 points, which is 3.34%. | For a 0.84% 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.
67.32
+0.3 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.45%
1 Week1.69%
2 Weeks-6.23%
1 Month-1.99%
3 Month6.67%
6 Month5.22%
12 Month32.68%
2 Year17.38%
3 Year50.54%
5 Year59.45%
10 Year160.12%
15 Year236.77%
Volatility
ATR(14)1.62
ATR(20)%2.25%
ATR Inc-47.52%
Range Today1.04
ADR(20)1.37
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.66
Mansfield0.16
10 Day High72.55
10 Day Low65.75
20 Day High72.55
20 Day Low65.75
52 Week High72.55
52 Week Low47.85
CS1 End67.18
CR1 Start68.07
Volume & EV
DER(3)1.02%
DER(5)0.98%
Volume16.83M
Volume Incr-23.37%
Vol(5)16.78M
Vol(50)21.13M