CISCO SYSTEMS INC (CSCO) Stock Technical Analysis
NASDAQ:CSCO - Nasdaq - US17275R1023 - Common Stock - Currency: USD
Taking everything into account, CSCO scores 9 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, CSCO did better than 86% of all other stocks. On top of that, CSCO also shows a nice and consistent pattern of rising prices.
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.
CSCO has an average volume of 18928700 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 63% of them.
In the last month CSCO has a been trading in a tight range between 66.52 and 69.39.
CSCO has an excellent technical rating, but the quality of the setup is only medium 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
54.22
70.07
We found 3 important support areas.
- A support zone ranging from 65.89 to 67.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.08 from a trend line in the weekly time frame.
- Support @54.77 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 69.37 to 69.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 86.78 | POSITIVE | CSCO has a high relative strength, it outperformed 86.78% 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 | 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) | 45.45 | NEUTRAL | The RSI value for CSCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests CSCO has a negative trend. |
| Stochastics (14,3) | 47.64 | NEUTRAL | The Stochastics value for CSCO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.36 | LOW VOLATILITY | The low ATR as a percentage value for CSCO suggests low volalility. |
| Average Directional Index/ADX (14) | 26.2 | POSITIVE | The high ADX value value for CSCO suggests a strong 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)
67.11
-0.97 (-1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-1.42%
1 Week-2.3%
2 Weeks-1.38%
1 Month-3.26%
3 Month13.11%
6 Month10.74%
12 Month43.83%
2 Year17.02%
3 Year50.07%
5 Year58.95%
10 Year159.31%
15 Year235.72%
Volatility
ATR(14)0.94
ATR(20)%1.36%
ATR Inc62.04%
Range Today1.09
ADR(20)0.83
ADR(20)%1.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.78
Mansfield0.62
10 Day High69.15
10 Day Low66.52
20 Day High69.39
20 Day Low66.52
52 Week High69.78
52 Week Low44.5
CS1 End67.1
CR1 Start69.37
Volume & EV
DER(3)2.09%
DER(5)1.91%
Volume21.65M
Volume Incr0.72%
Vol(5)18.30M
Vol(50)18.93M