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Next Support Level for Cisco Systems (CSCO) is $44.82

Jun 24, 2020 (SmarTrend(R) News Watch via COMTEX) --
Cisco Systems (NASDAQ:CSCO) has opened bearishly below the pivot of $45.65 today and has reached the first level of support at $45.14. Investors may be interested in a cross of the next downside pivot targets of $44.82 and $43.99.

There is potential upside of 0.0% for shares of Cisco Systems based on a current price of $0.00 and an average consensus analyst price target of $48.62. Cisco Systems shares should first meet resistance at the 50-day moving average (MA) of $44.25 and find additional resistance at the 200-day MA of $45.08.

Cisco Systems share prices have moved between a 52-week high of $58.26 and the current low of $0.00 and are currently at $0.00 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

SmarTrend is tracking the current trend status for Cisco Systems and will alert subscribers who have CSCO in their portfolio or watchlist when shares have changed trend direction.

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