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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- 4/24/2026 -
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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 overboughtMACD bearish divergence
Daily :Lane's Stochastic is overboughtStochastic has declined below the signal line
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It was a third consecutive positive week for the Cisco Systems (CSCO). During the week, the CSCO gained 2.76 points, or 3.20%, and closed at 89.01 on Friday, April 24, 2026. Weekly volume was -12% 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 90.45 on April 22, 2026. CSCO gained -78.67 points, or -667.83%, in 917 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (46.29) 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 90.45 on April 22, 2026. CSCO gained -51.85 points, or -134.33%, in 183 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (58.13) 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. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 Williams' Percentage Range help.

The weekly MACD line is above its signal line since April 10, 2026. This is an indication that the medium-term trend is up. 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 90.45 on April 22, 2026. CSCO gained -17.65 points, or -24.24%, in 100 days. The price is now at the 8.16% retracement level.

Daily Technical Indicators: [See CSCO daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 79.66
Williams' Percentage Range (W%R) 21.50
Lane's Stochastic (%D-Slow) 89.81
Overbought
Greed/Fear Indicator (GFI) 82.65
Overbought
Moving Average Converg./Diverg. (MACD) 1.86
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.99
Williams' Percentage Range (W%R) 17.20
Overbought
Lane's Stochastic (%D-Slow) 61.09
Greed/Fear Indicator (GFI) 66.82
Moving Average Converg./Diverg. (MACD) 2.79 Bearish
Trading Signals
Description Value Chart
Upper Bollinger Band 92.39
Daily Stochastic Crossing 89.44
Price 89.01
Monthly Trendline Resistance 86.12
Weekly Stochastic Crossing 85.03
Parabolic System 84.64
20 Day Moving Average 83.23
Monthly Trendline Support 81.61
50 Day Moving Average 80.47
Yearly Trendline Resistance 78.78
Lower Bollinger Band 76.33
Quarterly Trendline Resistance 73.43
Sector and Industry
Description Name Rank
Sector Information Technology 5
Industry Communications Equipment 102
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 72.80
Low Date 01/12/2026
High 90.45
High Date 04/22/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 52.11
Low Date 04/07/2025
High 90.45
High Date 04/22/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 86.12
Support 81.61
Low 44.50
Low Date 08/12/2024
High 90.45
High Date 04/22/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 73.43
Support 58.13
Low 38.60
Low Date 10/13/2022
High 90.45
High Date 04/22/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 78.78
Support 46.29
Low 11.78
Low Date 09/19/2008
High 90.45
High Date 04/22/2026
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.