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Uptrend Call Working As Cisco Systems Stock Rises 21.2% (CSCO)

By Amy Schwartz

SmarTrend identified an Uptrend for Cisco Systems (NASDAQ:CSCO) on January 8th, 2019 at $43.52. In approximately 2 months, Cisco Systems has returned 21.19% as of today's recent price of $52.74.

Over the past year, Cisco Systems has traded in a range of $40.19 to $52.96 and is now at $52.74, 31% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.6%.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provide services associated with these products and their use. The Company provides products for transporting data, voice, and video within buildings, across campuses, and globally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cisco Systems shares.

Log in and add Cisco Systems (CSCO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Cisco Systems

Ticker(s): CSCO