Stocks TradingCharts.com

stocks prices, charts & quotes

Free Stock Prices, Charts & Stock Price Quotes

Search
Symbol Search Browse Symbols My Charts Menu
QUICK QUOTE
QUICK CHART
F.A.Questions Suggestion Box Advertising Info Commodity Charts Forex Markets

Stocks & Financial News

Breaking financial news 24/7 courtesy of TradingCharts.com Inc. / TFC Commodity Charts

Look for Shares of Cisco Systems to Potentially Pullback after Yesterday's 1.09% Rise

Sep 11, 2019 (SmarTrend(R) News Watch via COMTEX) --
Cisco Systems (NASDAQ:CSCO) traded in a range yesterday that spanned from a low of $49.33 to a high of $50.07. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $49.35 on volume of 8.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Cisco Systems share prices have moved between a 52-week high of $58.26 and a 52-week low of $40.25 and are now trading 24% above that low price at $49.85 per share. The 200-day and 50-day moving averages have moved 0.09% higher and 1.34% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Cisco Systems on August 2nd, 2019 by issuing a Downtrend alert when the shares were trading at $53.45. Since that call, shares of Cisco Systems have fallen 7.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Write to SmarTrend at cs@mysmartrend.com

---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.