Cisco Systems Inc (CSCO) Down 1.76%, Breaks Below 200 Day Average; in an Uptrend Over Past 14 Days

Cisco Systems Inc Daily Price Recap

Cisco Systems Inc entered today at $44.64, down 1.76% ($0.8) from the previous day. This move happened on lower volume, as yesterday’s volume was down 7.48% from the day before — and down 26.93% from the same day the week before. The daily price chart of Cisco Systems Inc below illustrates.

Cisco Systems Inc Technical Analysis

First things first: Cisco Systems Inc crossed below its 200 day moving average yesterday. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 14 days Cisco Systems Inc’s price has gone up 9 them.

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