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

Watch for Shares of Cisco Systems (CSCO) to Approach Support at $39.36

Oct 15, 2020 (SmarTrend(R) News Watch via COMTEX) --
Shares of Cisco Systems (NASDAQ:CSCO) have bearishly opened below the pivot of $40.02 today and have reached the first support level of $39.63. Analysts will be watching for a cross of the next downside pivot targets of $39.36 and $38.70.

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. The stock should run into initial resistance at its 50-day moving average (MA) of $41.31 and subsequent resistance at its 200-day MA of $43.54.

In the past 52 weeks, shares of Cisco Systems have traded between the current low of $0.00 and a high of $50.28 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.27% lower and 1.05% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Cisco Systems on August 13th, 2020 by issuing a Downtrend alert when the shares were trading at $43.11. Since that call, shares of Cisco Systems have fallen 7.5%. 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

comtex tracking

Do not sell my personal information

Copyright © 2020. 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.