Cisco's most recent trend suggests a bearish bias. One trading opportunity on Cisco is a Bear Call Spread using a strike $42.00 short call and a strike $47.00 long call offers a potential 19.05% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $42.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock rose above the $47.00 long call 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 down which suggests that the medium-term momentum for Cisco is bearish.
The RSI indicator is at 44.31 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cisco
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Thu, 07 May 2020 10:52:40 +0000
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Wed, 06 May 2020 17:46:00 +0000
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Cisco Systems (CSCO) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Wed, 06 May 2020 16:30:04 +0000
Cisco (CSCO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cisco Systems (CSCO) Gains But Lags Market: What You Should Know
Tue, 05 May 2020 21:45:09 +0000
Cisco Systems (CSCO) closed at $41.46 in the latest trading session, marking a +0.27% move from the prior day.
Synamedia Americas Holdings, Inc. — Moody's announces completion of a periodic review of ratings of Triton UK Midco Limited
Tue, 05 May 2020 14:42:07 +0000
Moody's Investors Service (“Moody's”) has completed a periodic review of the ratings of Triton UK Midco Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
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