American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

Cisco returns cautiously higher - Analysis - 26-06-2017

Economies.com
2017-06-26 12:05PM UTC

Cisco Systems' stock (CSCO) rose anew in the intraday levels, scoring a profit of 0.75% in the last session, or 0.24 points, as the stock gets hurt by exiting that ascending price channel that limited recent trading, while getting hurt as well by a negative pattern that formed in the short term, the Double Top pattern, with negative pressure from the 50-day SMA. 

 

Therefore we expect the stock to return lower, as long as the resistance of 32.42 holds on, targeting the support of 30.38 anew. 

Stocks Technical Analysis

United States Analysis

Stocks

Dow Jones Approaches the 40,000 Barrier for the First Time in History. Predictions, Analysis, and How to Trade It
2024-05-17 18:30PM UTC
Table of Contents Technical Forecast for Dow Jones Index Price Best 2 Dow Jones Index ...
United States Analysis

Stocks

Occidental Petroleum price - Forecast today - 17-05-2024
2024-05-17 12:10PM UTC
Occidental Petroleum Corporation’s stock price (OXY) returned lower in the intraday levels, ...
United States Analysis

Stocks

Crowdstrike price stalls - Forecast today - 17-05-2024
2024-05-17 12:10PM UTC
Crowdstrike Holdings’ stock price (CRWD) inched down in the intraday levels on profit-taking, ...