The Greedy Trader Weekly Analysis
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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.

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- 4/17/2026 -
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Cisco Systems (CSCO) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is overboughtWeekly  MACD line has moved above its signal line
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtThe price touches the upper Bollinger Band
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It was a second consecutive positive week for the Cisco Systems (CSCO). During the week, the CSCO gained 4.03 points, or 4.90%, and closed at 86.25 on Friday, April 17, 2026. It was the best weekly gain since February 6, 2026. Weekly volume was -16% below average.

Long-term trend: [See CSCO long-term trend chart]
A long-term uptrend had started on September 19, 2008 at 11.78 and reached 88.19 on February 10, 2026. CSCO gained -76.41 points, or -648.64%, in 907 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (46.25) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 88.19 on February 10, 2026. CSCO gained -49.59 points, or -128.47%, in 173 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (58.01) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with 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 link to access 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 January 12, 2026 at 72.80 and reached 88.19 on February 10, 2026. CSCO gained -15.39 points, or -21.14%, in 29 days. The price is now at the 12.61% retracement level.

Daily Technical Indicators: [See CSCO daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since April 2, 2026. This is an indication that the short-term trend is up.

The price touches the upper Bollinger Band. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.35
Williams' Percentage Range (W%R) 11.80
Overbought
Lane's Stochastic (%D-Slow) 81.87
Overbought
Greed/Fear Indicator (GFI) 80.15
Overbought
Moving Average Converg./Diverg. (MACD) 0.90
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.71
Williams' Percentage Range (W%R) 19.50
Overbought
Lane's Stochastic (%D-Slow) 49.70
Greed/Fear Indicator (GFI) 62.83
Moving Average Converg./Diverg. (MACD) 2.72
Trading Signals
Description Value Chart
Upper Bollinger Band 86.43
Price 86.25
Daily Stochastic Crossing 85.52
Weekly Stochastic Crossing 81.11
20 Day Moving Average 81.05
50 Day Moving Average 80.09
Parabolic System 79.25
Yearly Trendline Resistance 78.72
Lower Bollinger Band 76.64
Quarterly Trendline Resistance 73.31
Sector and Industry
Description Name Rank
Sector Information Technology 6
Industry Communications Equipment 111
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 72.80
Low Date 01/12/2026
High 88.19
High Date 02/10/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 52.11
Low Date 04/07/2025
High 88.19
High Date 02/10/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 44.50
Low Date 08/12/2024
High 88.19
High Date 02/10/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 73.31
Support 58.01
Low 38.60
Low Date 10/13/2022
High 88.19
High Date 02/10/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 78.72
Support 46.25
Low 11.78
Low Date 09/19/2008
High 88.19
High Date 02/10/2026
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.