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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.

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