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Communications Equipment Industry Stocks Technical Analysis - CSCOArchive - 3/21/2025 - Sign In to see current Signals. |
Cisco Systems (CSCO) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Cisco Systems (CSCO). During the week, the CSCO dropped -0.77 points, or -1.27%, and closed at 59.73 on Friday, March 21, 2025. Weekly volume was -12% below average. CSCO is a member of Information Technology Sector. Information Technology is the 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 66.50 on February 13, 2025. CSCO gained -54.72 points, or -464.52%, in 855 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 43.82 and resistance is at 75.32. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See CSCO medium-term trend chart] A medium-term uptrend had started on August 12, 2024 at 44.50 and reached 66.50 on February 13, 2025. CSCO gained -22.00 points, or -49.44%, in 26 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (65.24) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. CSCO may retest the broken support line. It is considered to be a resistance line now. 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 support in a medium-term trend.
Weekly Technical Indicators: [See CSCO weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 7, 2025. The distance between MACD and the signal line is low, but getting bigger. 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 February 13, 2025 at 66.50 and reached 59.23 on March 13, 2025. CSCO lost 7.27 points, or 10.93%, in 28 days. The price is now at the 6.88% retracement level.
Daily Technical Indicators: [See CSCO daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Daily Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bullish 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 links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is below its signal line since February 25, 2025. This is an indication that the short-term trend is down.
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