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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- 5/22/2026 -
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Cisco Systems (CSCO) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionRelative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought
Daily :Broken uptrend resistance line - uptrend exhaustionRelative Strength Index is overboughtWilliams' Percentage Range and Lane's Stochastic are strongly overbought20 Day Moving Average has crossed below the 50 Day Moving AverageThe Bollinger Bands are historically far apart
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It was a seventh consecutive positive week for the Cisco Systems (CSCO). During the week, the CSCO gained 2.20 points, or 1.86%, and closed at 120.41 on Friday, May 22, 2026. Weekly volume was 21% above 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 120.79 on May 22, 2026. CSCO gained -109.01 points, or -925.38%, in 922 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (49.18) 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 120.79 on May 22, 2026. CSCO gained -82.19 points, or -212.93%, in 188 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (58.63) 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 Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic, Relative Strength Index and 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. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 April 7, 2025 at 52.11 and reached 120.79 on May 22, 2026. CSCO gained -68.68 points, or -131.80%, in 410 days. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (78.17) 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 short-term trend.

Daily Technical Indicators: [See CSCO daily technical indicators chart]
Daily Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Williams' Percentage Range and Lane's Stochastic.

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 distance between the Bollinger Bands (39.63%) is close to one year high (28.46%). It is 313.63% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. 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.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 82.95
Overbought
Williams' Percentage Range (W%R) 6.70
Strong Overbought
Lane's Stochastic (%D-Slow) 91.59
Strong Overbought
Greed/Fear Indicator (GFI) 89.29
Overbought
Moving Average Converg./Diverg. (MACD) 7.02
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 94.47
Strong Overbought
Williams' Percentage Range (W%R) 4.90
Strong Overbought
Lane's Stochastic (%D-Slow) 93.66
Strong Overbought
Greed/Fear Indicator (GFI) 87.17
Overbought
Moving Average Converg./Diverg. (MACD) 4.26
Trading Signals
Description Value Chart
Upper Bollinger Band 128.17
Price 120.41
Daily Stochastic Crossing 118.63
Weekly Stochastic Crossing 117.95
Parabolic System 114.86
20 Day Moving Average 101.81
50 Day Moving Average 89.89
Lower Bollinger Band 80.44
Sector and Industry
Description Name Rank
Sector Information Technology 10
Industry Communications Equipment 93
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 72.80
Low Date 01/12/2026
High 120.79
High Date 05/22/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 95.72
Support 78.17
Low 52.11
Low Date 04/07/2025
High 120.79
High Date 05/22/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 88.59
Support 75.42
Low 44.50
Low Date 08/12/2024
High 120.79
High Date 05/22/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 73.93
Support 58.63
Low 38.60
Low Date 10/13/2022
High 120.79
High Date 05/22/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 73.60
Support 49.18
Low 11.78
Low Date 09/19/2008
High 120.79
High Date 05/22/2026
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.