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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 10/30/2026 -
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Cisco Systems (CSCO) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance lineBroken trend resistance line
Daily :Bearish Three Black Crows CandlestickStochastic signal line moved above oversold area
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It was the negative week for the Cisco Systems (CSCO). During the week, the CSCO dropped -1.99 points, or -1.87%, and closed at 104.51 on Friday, October 30, 2026. Weekly volume was -23% below average.

CSCO is a member of Information Technology Sector. Information Technology is the second 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 130.37 on June 4, 2026. CSCO gained -118.59 points, or -1006.71%, in 923 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (50.32) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See CSCO medium-term trend chart]
A medium-term uptrend had started on October 13, 2022 at 38.60 and reached 130.37 on June 4, 2026. CSCO gained -91.77 points, or -237.75%, in 190 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (61.39) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See CSCO weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since July 24, 2026. Use the following link to access a MACD help.

Short-term trend: [See CSCO short-term trend chart]
A short-term downtrend had started on October 27, 2026 at 112.70 and reached 103.14 on October 30, 2026. CSCO lost 9.56 points, or 8.48%, in 3 days. The price is now at the 14.33% retracement level.

Daily Technical Indicators: [See CSCO daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 link to access Lane's Stochastic help.

The daily MACD line is below its signal line since October 15, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

Candlestick pattern: [See CSCO candlestick chart pattern]
On Friday the chart has formed a Bearish Three Black Crows Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bearish Three Black Crows Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 28.62
Williams' Percentage Range (W%R) 63.70
Lane's Stochastic (%D-Slow) 56.22
Greed/Fear Indicator (GFI) 40.37
Moving Average Converg./Diverg. (MACD) -0.61
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.96
Williams' Percentage Range (W%R) 73.90
Lane's Stochastic (%D-Slow) 34.37
Greed/Fear Indicator (GFI) 34.16
Moving Average Converg./Diverg. (MACD) 5.27
Trading Signals
Description Value Chart
Upper Bollinger Band 118.07
Parabolic System 112.81
20 Day Moving Average 110.98
50 Day Moving Average 110.00
Weekly Stochastic Crossing 109.05
Daily Stochastic Crossing 108.60
Price 104.51
Lower Bollinger Band 100.68
Sector and Industry
Description Name Rank
Sector Information Technology 8
Industry Communications Equipment 49
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 112.70
High Date 10/27/2026
Low 103.14
Low Date 10/30/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 130.37
High Date 06/04/2026
Low 103.14
Low Date 10/30/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 44.50
Low Date 08/12/2024
High 130.37
High Date 06/04/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 76.69
Support 61.39
Low 38.60
Low Date 10/13/2022
High 130.37
High Date 06/04/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 74.74
Support 50.32
Low 11.78
Low Date 09/19/2008
High 130.37
High Date 06/04/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.