CISCO SYSTEMS INC.
CISCO SYSTEMS INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CSCO
ISIN:

CISCO SYSTEMS INC. - 1H - Technical analysis published on 07/24/2024 (GMT)

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  • Timeframe : 1H
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  • Status : INVALID

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 47.29 USD
My targets
46.42 USD (-0.88%)
45.80 USD (-2.20%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 47.29 USD remains possible. It is advisable to trade CISCO SYSTEMS INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 47.29 USD. The next bearish objective for sellers is set at 46.42 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 45.80 USD. In case of crossing, the next objective would be the support located at 45.13 USD. PS: if there is a bullish break in the resistance located at 47.29 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

CISCO SYSTEMS INC. rating 46.83 USD. The price registered an increase of +1.01% on the session and was traded between 46.24 USD and 46.97 USD over the period. The price is currently at +1.28% from its lowest and -0.30% from its highest.

46.24
46.97
46.83

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

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:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a 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 bearish. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 45.13 45.80 46.42 46.83 47.29 47.85 48.74
Change (%) -3.63% -2.20% -0.88% - +0.98% +2.18% +4.08%
Change -1.70 -1.03 -0.41 - +0.46 +1.02 +1.91
Level Intermediate Intermediate Major - 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
Standard45.7746.0546.2146.4946.6546.9347.09
Camarilla46.2446.2846.3246.3646.4046.4446.48
Woodie45.7046.0246.1446.4646.5846.9047.02
Fibonacci46.0546.2246.3346.4946.6646.7746.93


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard44.5345.6546.4947.6148.4549.5750.41
Camarilla46.7846.9647.1447.3247.5047.6847.86
Woodie44.3845.5846.3447.5448.3049.5050.26
Fibonacci45.6546.4046.8747.6148.3648.8349.57


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard42.4243.5045.3046.3848.1849.2651.06
Camarilla46.3246.5846.8547.1147.3747.6447.90
Woodie42.7943.6845.6746.5648.5549.4451.43
Fibonacci43.5044.6045.2846.3847.4848.1649.26

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 47.99
MACD (12,26,9): -0.1600
Directional Movement: -5.10
AROON (14): 28.57
DEMA (21): 46.60
Parabolic SAR (0,02-0,02-0,2): 46.36
Elder Ray (13): 0.14
Super Trend (3,10): 47.17
Zig ZAG (10): 46.86
VORTEX (21): 0.9200
Stochastique (14,3,5): 81.43
TEMA (21): 46.57
Williams %R (14): -19.16
Chande Momentum Oscillator (20): 0.21
Repulse (5,40,3): 0.0600
ROCnROLL: -1
TRIX (15,9): -0.0800
Courbe Coppock: 0.72
MA7: 47.33
MA20: 46.95
MA50: 46.63
MA100: 47.37
MAexp7: 46.77
MAexp20: 46.84
MAexp50: 47.07
MAexp100: 47.02
Price / MA7: -1.06%
Price / MA20: -0.26%
Price / MA50: +0.43%
Price / MA100: -1.14%
Price / MAexp7: +0.13%
Price / MAexp20: -0.02%
Price / MAexp50: -0.51%
Price / MAexp100: -0.40%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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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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