Taking everything into account, CSCO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CSCO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although CSCO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
65.62
4 important support areas can be observed.
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 | UP | POSITIVE | The short term trend for CSCO is up. |
| ChartMill Relative Strength | 84.94 | POSITIVE | CSCO has a high relative strength, it outperformed 84.94% 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) | UP | POSITIVE | The current price of CSCO is above 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) | 72.12 | OVERBOUGHT | The high RSI value suggests CSCO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.9 | POSITIVE | The MACD value suggests CSCO has a positive trend. |
| Stochastics (14,3) | 84.78 | OVERBOUGHT | The high Stochastics value suggests CSCO may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for CSCO suggests some volalility. |
| Average Directional Index/ADX (14) | 33.05 | POSITIVE | The high ADX value value for CSCO suggests a strong trend. |
84.82
+2.46 (+2.99%)
ChartMill assigns a technical rating of 10 / 10 to CSCO.
The current trend direction for CISCO SYSTEMS INC (CSCO) is Bullish.
CISCO SYSTEMS INC (CSCO) has an RSI value of 72.122. This indicates that the stock is currently overbought.
The short term momentum for CISCO SYSTEMS INC (CSCO) is positive.
CISCO SYSTEMS INC (CSCO) has a support level at 77.38. Check the full technical report for our detailed analysis of CSCO support and resistance levels.