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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- 10/9/2026 -
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Cisco Systems (CSCO) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance lineBroken trend resistance lineStochastic signal line moved above oversold area
Daily :Williams' Percentage Range is overboughtLane's Stochastic is strongly overboughtTrend resistance at 119.31
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It was a second consecutive positive week for the Cisco Systems (CSCO). During the week, the CSCO gained 6.19 points, or 5.52%, and closed at 118.39 on Friday, October 9, 2026. It was the best weekly gain since July 10, 2026. Weekly volume was -27% 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 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 (50.17) 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 (61.02) 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. During the last week, weekly 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 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 June 4, 2026 at 130.37 and reached 104.51 on September 22, 2026. CSCO lost 25.86 points, or 19.84%, in 110 days. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (119.31). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.

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. Use the following link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since September 29, 2026.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.66
Williams' Percentage Range (W%R) 14.20
Overbought
Lane's Stochastic (%D-Slow) 90.71
Strong Overbought
Greed/Fear Indicator (GFI) 80.39
Overbought
Moving Average Converg./Diverg. (MACD) 0.15
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 54.77
Williams' Percentage Range (W%R) 53.10
Lane's Stochastic (%D-Slow) 23.02
Greed/Fear Indicator (GFI) 41.49
Moving Average Converg./Diverg. (MACD) 6.60
Trading Signals
Description Value Chart
Upper Bollinger Band 119.65
Weekly Trendline Resistance 119.31
Price 118.39
Daily Stochastic Crossing 117.42
50 Day Moving Average 112.32
20 Day Moving Average 110.47
Parabolic System 110.09
Weekly Stochastic Crossing 108.17
Lower Bollinger Band 104.14
Weekly Trendline Support 103.67
Sector and Industry
Description Name Rank
Sector Information Technology 10
Industry Communications Equipment 111
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 104.51
Low Date 09/22/2026
High 118.65
High Date 10/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Test Resistance
Resistance 119.31
Support 103.67
High 130.37
High Date 06/04/2026
Low 104.51
Low Date 09/22/2026
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 76.32
Support 61.02
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 74.59
Support 50.17
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.