Cisco's most recent trend suggests a bullish bias. One trading opportunity on Cisco is a Bull Put Spread using a strike $46.50 short put and a strike $41.50 long put offers a potential 7.53% 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 $46.50 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $41.50 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 72.75 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Cisco
Elon Musk says China has an advantage because its politicians are better at science
Fri, 07 Sep 2018 08:59:00 +0000
If American politicians were better at science, then it would help tech companies with innovation, according to Tesla CEO Elon Musk. The role of government in the technology sector is a frequently debated topic around the world. If politicians were better at science, tech companies could probably innovate better, according to Elon Musk .
Cisco Systems Inc (CSCO) Files 10-K for the Fiscal Year Ended on July 31, 2018
Thu, 06 Sep 2018 22:48:09 +0000
Cisco Systems Inc is a supplier of data networking equipment and software. Its products include routers, switches, access equipment, and security and network management software which allow data communication among dispersed computer networks. The dividend yield of Cisco Systems Inc stocks is 2.62%.
Upstart 50 Backer: Driving change in the Fortune 500
Thu, 06 Sep 2018 21:08:20 +0000
Cisco's Kate O’Keeffe helps infuse a startup mentality into some of the world's biggest companies.
Cisco Named a Leader in Three Gartner Magic Quadrant Reports in Four Months
Thu, 06 Sep 2018 20:26:17 +0000
Cisco (CSCO) today announced that analyst firm Gartner has named Cisco a Leader in three collaboration-related Gartner Magic Quadrant reports. Magic Quadrant for Unified Communications: This is the eleventh year in a row Gartner named Cisco a Leader in this Magic Quadrant.
3 Growth Stocks for Forward-Looking Investors
Thu, 06 Sep 2018 13:00:00 +0000
If you're a long-term investor, these growth stocks are for you.
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