RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CSCO
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Cisco stock price up 1.06% on Wednesday
(Updated on Jul 24, 2024)

Sell candidate since Jul 18, 2024 Loss -2.48% PDF

The Cisco stock price gained 1.06% on the last trading day (Wednesday, 24th Jul 2024), rising from $46.36 to $46.85. During the last trading day the stock fluctuated 1.72% from a day low at $46.24 to a day high of $47.04. The price has risen in 6 of the last 10 days and is up by 1.25% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 8 million more shares were traded than the day before. In total, 25 million shares were bought and sold for approximately $1.15 billion.

The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Cisco stock with a 90% probability to be traded between $44.47 and $47.70 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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CSCO Signals & Forecast

The Cisco stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $47.33. On a fall, the stock will find some support from the long-term average at approximately $46.73. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, July 17, 2024, and so far it has fallen -3.44%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Cisco stock

Cisco finds support from accumulated volume at $46.65 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.795 between high and low, or 1.72%. For the last week the stock has had daily average volatility of 1.47%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CSCO) For The Upcoming Trading Day Of Thursday 25th

For the upcoming trading day on Thursday, 25th we expect Cisco Systems to open at $46.71, and during the day (based on 14 day Average True Range), to move between $46.10 and $47.60, which gives a possible trading interval of +/-$0.750 (+/-1.60%) up or down from last closing price. If Cisco Systems takes out the full calculated possible swing range there will be an estimated 3.20% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $46.65 (0.43%) than the resistance at $47.28 (0.92%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Cisco Systems stock A Buy?

Cisco holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

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Current score: -1.495 Sell Candidate Unchanged

Predicted Opening Price for Cisco Systems of Thursday, July 25, 2024

Fair opening price July 25, 2024 Current price
$46.71 ( 0.302%) $46.85

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CSCO

Fibonacci Support & Resistance Levels

Level Price
R3 47.50 1.39%
R2 47.20 0.746%
R1 47.01 0.346%
Price 46.85
S1 46.40 -0.95%
S2 46.22 -1.35%
S3 45.91 -2.00%

Accumulated Volume Support & Resistance Levels

Level Price
R3 48.34 3.18%
R2 47.29 0.94%
R1 47.28 0.92%
Price 46.85
S1 46.65 -0.427%
S2 46.50 -0.747%
S3 46.02 -1.77%

CSCO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 15, 2024 Jul 05, 2024 Jul 24, 2024 $0.400 0.85%
2 Feb 14, 2024 Apr 03, 2024 Apr 24, 2024 $0.400 0.83%
3 Nov 15, 2023 Jan 03, 2024 Jan 24, 2024 $0.390 0.760%
4 Aug 16, 2023 Oct 03, 2023 Oct 25, 2023 $0.390 0.744%
5 May 17, 2023 Jul 05, 2023 Jul 26, 2023 $0.390 0.733%

FAQ

What is the symbol for Cisco Stock and on which exchange is it traded?
The symbol for Cisco is CSCO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Cisco Stock?
Cisco holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Cisco Stock?
Cisco Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Cisco Stock.

What's the current price of Cisco Stock?
As of the end of day on the Jul 24, 2024, the price of an Cisco (CSCO) share was $46.85.

What is the 52-week high and low for Cisco Stock?
The 52-week high for Cisco Stock is $58.19 and the 52-week low is $44.95.

What is the market capitalization of Cisco Stock?
As of the Jul 24, 2024, the market capitalization of Cisco is 188.629B.

When is the next earnings date for Cisco?
The upcoming earnings date for Cisco is Aug 21, 2024.
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About Cisco Systems

Cisco Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. It provides infrastructure platforms, including networking technologies of switching, routing, wireless, and data center products that are designed to work together to deliver networking capa... CSCO Profile

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