CISCO SYSTEMS INC. - 1H - Technical analysis published on 11/09/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 56.76 USD
My targets
59.20 USD (+1.96%)
60.34 USD (+3.93%)
My analysis
The bullish trend is currently very strong on CISCO SYSTEMS INC.. As long as the price remains above the support at 56.76 USD, you could try to benefit from the boom. The first bullish objective is located at 59.20 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 60.34 USD as an objective. Crossing it would then enable buyers to target 62.38 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.1
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This analysis was given by gsanzmagallon. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CISCO SYSTEMS INC. rating 58.06 USD. The price is lower by -0.03% since the last closing with the lowest point at 57.65 USD and the highest point at 58.20 USD. The deviation from the price is +0.71% for the low point and -0.24% for the high point.57.65
58.20
58.06
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
Here is a more detailed summary of the historical variations registered by CISCO SYSTEMS INC.:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CISCO SYSTEMS INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 54.54 | 55.61 | 56.76 | 58.06 | 58.24 |
| Change (%) | -6.06% | -4.22% | -2.24% | - | +0.31% |
| Change | -3.52 | -2.45 | -1.30 | - | +0.18 |
| Level | Intermediate | Minor | Intermediate | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 57.19 | 57.42 | 57.74 | 57.97 | 58.29 | 58.52 | 58.84 |
| Camarilla | 57.91 | 57.96 | 58.01 | 58.06 | 58.11 | 58.16 | 58.21 |
| Woodie | 57.24 | 57.44 | 57.79 | 57.99 | 58.34 | 58.54 | 58.89 |
| Fibonacci | 57.42 | 57.63 | 57.76 | 57.97 | 58.18 | 58.31 | 58.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.84 | 53.98 | 56.02 | 57.16 | 59.20 | 60.34 | 62.38 |
| Camarilla | 57.19 | 57.48 | 57.77 | 58.06 | 58.35 | 58.64 | 58.94 |
| Woodie | 53.29 | 54.21 | 56.47 | 57.39 | 59.65 | 60.57 | 62.83 |
| Fibonacci | 53.98 | 55.20 | 55.95 | 57.16 | 58.38 | 59.13 | 60.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.95 | 49.43 | 52.10 | 54.58 | 57.25 | 59.73 | 62.40 |
| Camarilla | 53.35 | 53.83 | 54.30 | 54.77 | 55.24 | 55.71 | 56.19 |
| Woodie | 47.05 | 49.48 | 52.20 | 54.63 | 57.35 | 59.78 | 62.50 |
| Fibonacci | 49.43 | 51.40 | 52.61 | 54.58 | 56.55 | 57.76 | 59.73 |
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): | 66.80 | |
| MACD (12,26,9): | 0.4000 | |
| Directional Movement: | 13.51 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 58.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 58.22 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 57.21 | |
| Zig ZAG (10): | 58.08 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 50.44 | |
| TEMA (21): | 58.25 | |
| Williams %R (14): | -28.95 | |
| Chande Momentum Oscillator (20): | 0.16 | |
| Repulse (5,40,3): | 0.5300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 1.00 |
| MA7: | 56.61 | |
| MA20: | 56.09 | |
| MA50: | 53.13 | |
| MA100: | 50.12 | |
| MAexp7: | 57.95 | |
| MAexp20: | 57.67 | |
| MAexp50: | 56.94 | |
| MAexp100: | 56.30 | |
| Price / MA7: | +2.56% | |
| Price / MA20: | +3.51% | |
| Price / MA50: | +9.28% | |
| Price / MA100: | +15.84% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +0.68% | |
| Price / MAexp50: | +1.97% | |
| Price / MAexp100: | +3.13% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on CISCO SYSTEMS INC. at the time of the analysis were as follows:
- Cisco and the OECD: Building the World's First Full Picture of Digital Well-being
- Flex Wins Cisco 2024 Excellence in ESG Award
- Cisco: Embracing Neurodiversity - The Key to Unlocking Hidden Talent in the Workforce
- Code.org - Scaling Computer Science Education and Demystifying AI
- Cisco’s Vision for an Inclusive Future
This member declared not having a position on this financial instrument or a related financial instrument.
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