CISCO SYSTEMS INC (CSCO) Technical Analysis
NASDAQ:CSCO • US17275R1023
Current stock price
CSCO Technical Rating and Analysis
Taking everything into account, CSCO scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CSCO is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that CSCO is one of the better performing stocks in the market, outperforming 81% of all 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 however is currently trading near a new high, so CSCO is lagging the market slightly.
- CSCO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- CSCO has an average volume of 25031400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CSCO is an average performer in the Communications Equipment industry, it outperforms 45% of 47 stocks in the same industry.
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 and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 80.97, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CSCO Support and Resistance Analysis
68.26
4 important support areas can be observed.
- A support zone ranging from 77.60 to 80.97. This zone is formed by a combination of multiple trend lines and important moving averages 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 @68.95 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for CSCO is up. |
| ChartMill Relative Strength | 81.33 | POSITIVE | CSCO has a high relative strength, it outperformed 81.33% 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) | 58.64 | NEUTRAL | The RSI value for CSCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests CSCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.91 | NEUTRAL | The Stochastics value for CSCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for CSCO suggests some volalility. |
| Average Directional Index/ADX (14) | 13.5 | 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 |
|---|---|---|---|
| 84.78 | 76.30 | 8.48 (10.00%) | 10.00% |
| An entry @84.78. This is a Buy Stop order right above the 10 day high. | An exit @76.30. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.48 points, which is 10.00%. | When investing 10.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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
82.61
+0.26 (+0.32%)
CISCO SYSTEMS INC / CSCO TA FAQ
What is the ChartMill technical rating of CISCO SYSTEMS INC (CSCO) stock?
ChartMill assigns a technical rating of 10 / 10 to CSCO.
What is the trend direction for CSCO stock?
The current trend direction for CISCO SYSTEMS INC (CSCO) is Bullish.
What is the RSI signal for CSCO stock?
CISCO SYSTEMS INC (CSCO) has an RSI value of 58.635. This indicates that the stock is currently neutral.
What is the MACD signal for CSCO stock?
The MACD indicator for CISCO SYSTEMS INC (CSCO) has a value of 0.354844, indicating a bearish trend.
What is the buy/sell signal for CISCO SYSTEMS INC (CSCO) stock?
The buy/sell signal for CISCO SYSTEMS INC (CSCO) is buy as both the short term and long term trends are positive.