|
S&P 500 Overbought StocksArchive - 6/6/2025 - Sign In to see current Signals. |
Cisco Systems (CSCO) Technical Analysis
|
 |
| Summary:
| | Weekly :     | | Daily :      Move cursor over the icon to see details.
| | It was a first positive week for the Cisco Systems (CSCO). During the week, the CSCO gained 3.02 points, or 4.79%, and closed at 66.06 on Friday, June 6, 2025. Weekly volume was -15% below average. CSCO is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See CSCO long-term trend chart] A long-term uptrend had started on September 19, 2008 at 11.78 and reached 66.50 on February 13, 2025. CSCO gained -54.72 points, or -464.52%, in 855 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 44.30 and resistance is at 75.99. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See CSCO medium-term trend chart] A medium-term downtrend had started on February 13, 2025 at 66.50 and reached 52.11 on April 7, 2025. CSCO lost 14.39 points, or 21.64%, in 7 weeks. Price is near the highest trend level.
Weekly Technical Indicators: [See CSCO weekly technical indicators chart] Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
Short-term trend: [See CSCO short-term trend chart] A short-term uptrend had started on April 7, 2025 at 52.11 and reached 66.16 on June 6, 2025. CSCO gained -14.05 points, or -26.96%, in 60 days. The chart has formed a Broadening Ascending Wedge chart pattern.
Daily Technical Indicators: [See CSCO daily technical indicators chart] Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Daily Relative Strength Index and MACD have bearish divergence. Use the following links to access the Relative Strength Index and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Relative Strength Index help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|