CSCO Technical Analysis - CISCO SYSTEMS INC

Technical Rating and Analysis

We assign a technical rating of 5 out of 10 to CSCO. In the last year, CSCO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.

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 19818500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When comparing the yearly performance of all stocks, we notice that CSCO is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.

CSCO is part of the Communications Equipment industry. There are 48 other stocks in this industry, CSCO did better than 44% of them.

In the last month CSCO has a been trading in a tight range between 66.13 and 69.49.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

CISCO SYSTEMS INC / CSCO Weekly stock chart

CISCO SYSTEMS INC / CSCO Daily stock chart

Setup Rating and Analysis

CSCO has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 67.88, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

60.87

70.12

We found 2 important support areas.

A support zone ranging from 66.20 to 67.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @61.48 from a trend line in the weekly time frame.

We found 1 important resistance area.

A resistance zone ranging from 68.10 to 69.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

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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	73.31	POSITIVE	CSCO has a high relative strength, it outperformed 73.31% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of CSCO is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of CSCO is below a declining 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)	50.26	NEUTRAL	The RSI value for CSCO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.09	POSITIVE	The MACD value suggests CSCO has a positive trend, although the MACD value is declining.
Stochastics (14,3)	68.63	NEUTRAL	The Stochastics value for CSCO is a neutral value.
Average True Range in percent/ATR (20)	1.61	LOW VOLATILITY	The low ATR as a percentage value for CSCO suggests low volalility.
Average Directional Index/ADX (14)	12.96	NEGATIVE	The low ADX value for CSCO suggests a weak or negative trend.