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CSCO Stock Forecast & Cisco Systems Chart Analysis

This article provides a detailed analysis of CSCO-Cisco Systems stock including a forecast for CSCO shares. It features Cisco Systems, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

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CSCO Historical Data Review

CSCO Current Price Performance Analysis

The Cisco Systems - CSCO stock traded on the American stock market, on 06-05-2024, closed at 46.02$ with a %-2.95 decreased compared to the previous day.

In the last month, the price of CSCO changed by %-2.31 decreased in value, from 47.11 dollars on 05-06-2024 to 46.02 dollars, decreased.

Last year, the price of CSCO was 49.81 dollars on 06-06-2023, and changed by %-7.61 decreased in value, to 46.02 dollars decreased within a year.

The price of Cisco Systems stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

CSCO with AI Stock Forecast & Price Target

CSCO stock forecast Cisco Systems price target

On the CSCO chart Cisco Systems price was recorded as 46.02 Dollars on 06/05/2024.

The artificial intelligence's forecast on CSCO stock is as follows.

The artificial intelligence's prediction error margin for CSCO stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Cisco Systems stock over the next 4 months is: 52.7 Dollars.

The commentary on CSCO stock Target Price: Highest: 56.913 Dollars is predicted.

The commentary on CSCO stock Target Price: Lowest: 48.421 Dollars is predicted.

Resistance Price where Cisco Systems stock will Rise and Fall:

Date Price Prediction
10-03-2024 51.520
11-27-2024 56.913
02-05-2025 56.553
04-11-2025 54.042

Support Price where Cisco Systems stock will Fall and Rise:

Date Price Prediction
07-15-2024 48.421
10-18-2024 51.320
12-27-2024 53.731
03-27-2025 53.957

The commentary on CSCO stock: The target price can generally be said to be on the rise.

The commentary on CSCO stock: Fluctuations in the target price can be expected in the coming days.

The target price for Cisco Systems stock by the end of 2024 is predicted to be 53.731 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on CSCO stock, and the 2024 target price predictions for Cisco Systems are detailed above.

The technical analysis and charts for the commentary on CSCO stock are below.

CSCO Support & Resistance and Trend Analysis

CSCO review Cisco Systems technical analysis trend chart CSCO priceCSCO stock support and resistance price chart

CSCO stock you have reviewed the technical analysis support resistance charts regarding.

CSCO : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the CSCO review, the Cisco Systems support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Cisco Systems Support and Resistance Prices:

CSCO Support Level Price CSCO Resistance Level Price
45.64 47.63
46.20 48.93
46.60 49.44
47.55 49.78
47.59 50.11
47.66 50.20
47.71 50.55
47.85 50.61
48.04 50.86
48.57 52.62
49.43 53.50

CSCO Technical Analysis: SMA, RSI, MACD

CSCO review Cisco Systems SMA chart analysis CSCO priceCSCO buy or sell review Cisco Systems MACD chart analysis CSCO price

Upon reviewing the CSCO chart, buy and sell signals have been generated in the Cisco Systems technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for CSCO stock are as follows:
  1. CSCO technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Cisco Systems gave a 'Buy' signal when the RSI was at 25.034, with the current RSI value at 25.034.
  3. The technical analysis for Cisco Systems indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

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