Cisco's most recent trend suggests a bullish bias. One trading opportunity on Cisco is a Bull Put Spread using a strike $39.00 short put and a strike $34.00 long put offers a potential 38.12% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $39.00 by expiration. The full premium credit of $1.38 would be kept by the premium seller. The risk of $3.62 would be incurred if the stock dropped below the $34.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Cisco is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Cisco is bullish.
The RSI indicator is at 54.22 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cisco
Yield-thirsty investors eye stock dividends as virus fears shrink bond payouts
Thu, 02 Apr 2020 18:30:30 +0000
Battered S&P 500 stocks may get fresh interest from investors turning to dividends in a world of shrinking bond yields. The dividend yield on the S&P 500 now exceeds the yield on the benchmark 10-year U.S. Treasury by its highest margin in nearly five decades after a flight to safe-haven assets compressed government bond yields to record lows. Wall Street's coronavirus sell-off has left the S&P 500 down 26% from its February record high, lifting its dividend yield to 2.46%, the highest since 2009, according to Refinitiv's Datastream.
Cloud companies appear to be silver lining as coronavirus dampens IT spending
Thu, 02 Apr 2020 16:22:00 +0000
COVID-19 is already beginning to weigh on corporate IT security budgets, but as millions work from home, one survey is finding a spending shift to cloud providers and security and away from PCs and servers.
Cisco Stock Rises 4%
Thu, 02 Apr 2020 15:58:00 +0000
Investing.com – Cisco (NASDAQ:CSCO) Stock rose by 4.12% to trade at $39.89 by 15:56 (19:56 GMT) on Thursday on the NASDAQ exchange.
Economy's a Leaky Ship: Cramer's 'Mad Money' Recap (Monday 4/1/20)
Thu, 02 Apr 2020 00:28:00 +0000
Investors can't fight this kind of selling, but they shouldn't give up. Jim Cramer's got a case for sitting tight. It will end.
Will companies in the Dow report earnings as usual despite COVID-19 disruptions, or delay them because they can?
Wed, 01 Apr 2020 18:57:00 +0000
Just because the Securities and Exchange Commission will allow companies to delay reporting earnings results, if needed, it doesn’t mean any of them will.
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