NASDAQ:CSCO - Nasdaq - US17275R1023 - Common Stock - Currency: USD
Taking everything into account, CSCO scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CSCO has proven to be a steady performer, scoring decent points in every aspect analyzed.
CSCO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 64.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 63.76, a Stop Loss order could be placed below this zone.
45.79
We found 5 important support areas.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
64.88 | 62.18 | 2.70 (4.16%) | 24.03% |
An entry @64.88. This is a Buy Stop order right above the resistance zone. | An exit @62.18. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.70 points, which is 4.16%. | When investing 24.03% of your capital in this trade, your total portfolio risk will be 1.00%. |
63.94
+0.53 (+0.84%)