- Analytics
- Technical Analysis
Cisco Technical Analysis - Cisco Trading: 2022-02-18
Cisco Technical Analysis Summary
Above 57.03
Buy Stop
Below 52.69
Stop Loss
| Indicator | Signal |
| RSI | Neutral |
| MACD | Buy |
| Donchian Channel | Buy |
| MA(200) | Sell |
| Fractals | Neutral |
| Parabolic SAR | Buy |
Cisco Chart Analysis
Cisco Technical Analysis
The technical analysis of the Cisco stock price chart on daily timeframe shows #S-CSCO, Daily reflected off the support line and is testing the 200-day moving average MA(200) which is tilted up. We believe the bullish momentum will continue after the price breaches above the upper boundary of Donchian channel at 57.03. This level can be used as an entry point for placing a pending order to buy. The stop loss can be placed below the lower boundary of Donchian channel at 52.69. After placing the order, the stop loss is to be moved every day to the next fractal low, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (52.69) without reaching the order (57.03), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Fundamental Analysis of Stocks - Cisco
Cisco stock rose after the networking products maker raised its annual earnings forecast. Will the Cisco stock price resume advancing?
Cisco Systems Inc is an American corporation engaged in designing and manufacturing of Internet Protocol based networking products which are sold globally. Company’s market capitalization is $228.8 billion. The stock is trading at P/E ratio (Trailing Twelve Months) of 20.17 currently and at Forward P/E ratio of 15.87. Cisco Systems Inc on Wednesday reported better than expected quarterly results, raised its full-year earnings forecast and announced a $15 billion increase to its stock repurchase program. Fiscal 2022 revenue is expected to grow between 5.5% and 6.5% versus prior forecast of 5% to 7%, according to Cisco forecast. Shares of the company rose about 5% in after-hours trading on Wednesday, closing up 2.7% the next trading session. Expectations of rising earnings are bullish for stock price.
- Get Certificate
Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.