The Greedy Trader Weekly Analysis
Sign In Mar 6, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

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
- 2/27/2026 -
Sign In to see current Signals.

Cisco Systems (CSCO) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Weekly  MACD line has moved below its signal lineOversold sectorBroken trend resistance lineTrend resistance at 78.29
Daily :The price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a second consecutive positive week for the Cisco Systems (CSCO). During the week, the CSCO climbed 0.26 points, or 0.33%, and closed at 79.46 on Friday, February 27, 2026. Weekly volume was 7% above average.

CSCO is a member of Information Technology Sector. Information Technology is the second most oversold 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 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 price is near the trend resistance line (78.29). 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 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 (57.16) 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 MACD line has moved below its signal line. Such crossover is considered a bearish 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 chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern.

Daily Technical Indicators: [See CSCO daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since February 12, 2026. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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) 38.43
Williams' Percentage Range (W%R) 71.30
Lane's Stochastic (%D-Slow) 64.12
Greed/Fear Indicator (GFI) 43.73
Moving Average Converg./Diverg. (MACD) 0.42
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.61
Williams' Percentage Range (W%R) 49.30
Lane's Stochastic (%D-Slow) 57.83
Greed/Fear Indicator (GFI) 53.77
Moving Average Converg./Diverg. (MACD) 3.08
Trading Signals
Description Value Chart
Upper Bollinger Band 85.69
Weekly Stochastic Crossing 81.65
Parabolic System 81.59
20 Day Moving Average 80.31
Price 79.46
Daily Stochastic Crossing 78.70
Yearly Trendline Resistance 78.29
50 Day Moving Average 77.85
Quarterly Trendline Resistance 72.46
Lower Bollinger Band 72.37
Sector and Industry
Description Name Rank
Sector Information Technology 2
Industry Communications Equipment 52
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
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 72.46
Support 57.16
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 Test Resistance
Resistance 78.29
Support 45.94
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.