CISCO SYSTEMS INC. - 1H - Technical analysis published on 07/20/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 43.39 USD
My targets
44.84 USD (+1.89%)
45.24 USD (+2.79%)
My analysis
CISCO SYSTEMS INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 43.39 USD. The next resistance located at 44.84 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 45.24 USD. After this resistance, buyers could then target 46.22 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CISCO SYSTEMS INC. rating is 44.01 USD. The price is lower by -0.05% since the last closing with the lowest point at 43.69 USD and the highest point at 44.22 USD. The deviation from the price is +0.73% for the low point and -0.47% for the high point.43.69
44.22
44.01
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CISCO SYSTEMS INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 41.35 | 42.33 | 43.39 | 44.01 | 44.05 | 44.84 | 45.24 |
| Change (%) | -6.04% | -3.82% | -1.41% | - | +0.09% | +1.89% | +2.79% |
| Change | -2.66 | -1.68 | -0.62 | - | +0.04 | +0.83 | +1.23 |
| Level | Major | Intermediate | Minor | - | Major | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.65 | 42.15 | 43.09 | 43.59 | 44.53 | 45.03 | 45.97 |
| Camarilla | 43.63 | 43.77 | 43.90 | 44.03 | 44.16 | 44.29 | 44.43 |
| Woodie | 41.87 | 42.26 | 43.31 | 43.70 | 44.75 | 45.14 | 46.19 |
| Fibonacci | 42.15 | 42.70 | 43.04 | 43.59 | 44.14 | 44.48 | 45.03 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.19 | 40.27 | 41.67 | 42.75 | 44.15 | 45.23 | 46.63 |
| Camarilla | 42.39 | 42.62 | 42.84 | 43.07 | 43.30 | 43.53 | 43.75 |
| Woodie | 39.35 | 40.35 | 41.83 | 42.83 | 44.31 | 45.31 | 46.79 |
| Fibonacci | 40.27 | 41.22 | 41.80 | 42.75 | 43.70 | 44.28 | 45.23 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.95 | 39.38 | 40.82 | 43.25 | 44.69 | 47.12 | 48.56 |
| Camarilla | 41.20 | 41.55 | 41.91 | 42.26 | 42.62 | 42.97 | 43.32 |
| Woodie | 36.46 | 39.13 | 40.33 | 43.00 | 44.20 | 46.87 | 48.07 |
| Fibonacci | 39.38 | 40.86 | 41.77 | 43.25 | 44.73 | 45.64 | 47.12 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 65.04 | |
| MACD (12,26,9): | 0.3300 | |
| Directional Movement: | 13.07 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 43.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 43.48 | |
| Elder Ray (13): | 0.24 | |
| Super Trend (3,10): | 43.11 | |
| Zig ZAG (10): | 43.96 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 89.23 | |
| TEMA (21): | 44.06 | |
| Williams %R (14): | -13.74 | |
| Chande Momentum Oscillator (20): | 0.87 | |
| Repulse (5,40,3): | 0.5300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 4.29 |
| MA7: | 43.09 | |
| MA20: | 42.92 | |
| MA50: | 44.23 | |
| MA100: | 48.64 | |
| MAexp7: | 43.85 | |
| MAexp20: | 43.41 | |
| MAexp50: | 43.09 | |
| MAexp100: | 43.02 | |
| Price / MA7: | +2.14% | |
| Price / MA20: | +2.54% | |
| Price / MA50: | -0.50% | |
| Price / MA100: | -9.52% | |
| Price / MAexp7: | +0.36% | |
| Price / MAexp20: | +1.38% | |
| Price / MAexp50: | +2.14% | |
| Price / MAexp100: | +2.30% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on CISCO SYSTEMS INC.. At the time of publication of this analysis, the latest news was as follows:
- Cisco AppDynamics Study: New Class of Post-Pandemic Technology Leaders Emerges to Tackle the Experience Economy
- Thinking about buying stock in Electric Last Mile Solutions, Advent Technologies, Cisco Systems, Kazia Therapeutics, or Comcast?
- Cisco's Emerging Technology and Incubation Efforts Deliver Free-Tier, API-First Developer Solutions
- Pharrell Williams' Non-Profit YELLOW and Cisco Unite to Help Reimagine Education
- Cisco Live 2022: New Innovations Fuel the Modern Enterprise
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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