Cisco's most recent trend suggests a bearish bias. One trading opportunity on Cisco is a Bear Call Spread using a strike $24.00 short call and a strike $29.00 long call offers a potential 7.99% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $24.00 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock rose above the $29.00 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 28.65 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cisco
Salesforce.com Looks To Help Businesses Harness Data
Wed, 15 Oct 2014 22:24:00 GMT
Cisco Systems: Buy The Dips Or Sell The Rips?
Wed, 15 Oct 2014 20:33:26 GMT
Benzinga – Cisco Systems, Inc. (NASDAQ: CSCO ) shares have been bludgeoned by the broader market selloff. Is the stock just a victim of the markets or is it actually one of the culprits that tells of where the market …
Cisco Announces Winners of IoT Innovation and Security Grand Challenges; Launches Worldwide IoT Challenge for Young Women
Wed, 15 Oct 2014 20:00:00 GMT
Marketwired – IoT World Forum 2014 — Cisco — Today during a keynote address at the Internet of Things World Forum in Chicago, Cisco CTO Padmasree Warrior announced the winners of three global Internet of Things Grand …
Taking Stock: Babson’s Noreen, A&G’s Kramer on Market Selloff
Wed, 15 Oct 2014 19:39:28 GMT
Cisco to Provide Secure Ops Solution to Shell
Wed, 15 Oct 2014 13:12:21 GMT
noodls – Chicago, IoT World Forum 2014, October 15, 2014 – Today, at the Internet of Things World Forum in Chicago, Shell shared that it has deployed the Cisco Secure Ops Solution to increase security maturity …
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