After completing its last trading session, Cisco Systems, Inc. (NASDAQ:CSCO) dropped by -1.6% – here is what that looked like (as of 2020-01-06):
What is the cause of all this?? To grasp this action better, We ought to analyze some technical indicators. The most important ones are as follows:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.009, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.615, an Accumulation/Distribution Index (ADI) of 0.615, an On-Balance Volume (OBV) of 326.522, and a Chaiikin Money Flow (CMF) of 48.42. 4.822
Now let’s take all these indicators into account. Consulting Trading View, we can conclude the following:
So there you have it – our analysis of Cisco Systems, Inc. (NASDAQ:CSCO). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.