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Next Support Level for Cisco Systems (CSCO) is $51.92

Mar 30, 2021 (SmarTrend(R) News Watch via COMTEX) --
Shares of Cisco Systems (NASDAQ:CSCO) have bearishly opened below the pivot of $52.58 today and have reached the first support level of $52.22. Analysts will be watching for a cross of the next downside pivot targets of $51.92 and $51.26.

Cisco Systems has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $48.62. Cisco Systems shares should first meet resistance at the 200-day moving average (MA) of $43.87 and find additional resistance at the 50-day MA of $47.12.

In the past 52 weeks, Cisco Systems share prices have been bracketed by a current low of $0.00 and a high of $52.94 and are now at $0.00. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

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.

Write to SmarTrend at cs@mysmartrend.com

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