Current trend

Shares of Cisco Systems Inc., an American manufacturer and supplier of network equipment for large holdings and telecommunications companies, are adjusting at 54.00.

The day before, IntelBroker and EnergyWeaponUser hackers posted messages on the social network "X" about the sale of recently leaked data from Cisco Systems Inc. servers, which accurately describe their type and confidentiality certificates, which may indicate the authenticity of these statements. Despite the fact that the company itself refutes this information, customers have questions about the security of their accounts.

Analysts at Tigress Financial Partners maintained the emitter's stock rating at the "buy" level, increasing the target price from 58.0 dollars to 78.0 dollars on the background of the recently completed purchase of software developer Splunk Inc., which added Cisco Systems Inc. up to 960.0 million dollars in quarterly revenue. Experts also note the company's positive annual performance in 2024: regular revenue increased by 22.0% to 29.6 billion dollars, and the same indicator for software sales increased by 9.0% to 18.4 billion dollars.

Support and resistance

On the D1 chart, the asset is correcting, again approaching the resistance line of the ascending channel with the boundaries of 55.00–43.00.

Technical indicators, after a short slowdown, again strengthen the buy signal: the range of fluctuations of the EMAs of the Alligator indicator began to expand, and the AO histogram forms corrective bars, being above the transition level.

Support levels: 53.60, 50.80

Resistance levels: 54.60, 58.00.

Trading tips

If the asset continues to grow and the price consolidates above the resistance level of 54.60, one may open long positions with a target of 58.00 and a stop-loss of 52.00. Implementation period: 7 days and more.

If the asset continues to decline and the price consolidates below the support level of 53.60, one can open short positions with a target of 50.80 and a stop-loss of 55.00.