Cisco stock price forecast: strong upward pressure for CSCO as it trades near all-time highs

Traders Union
All News
Companies
Cisco jumps 2.28% to $98.73 today

Highlights

CSCO trades in a strong bullish trend near all-time highs, currently priced at $98.73 after a 2.28% weekly gain.
Momentum indicators reflect overbought conditions but confirm sustained upward pressure, with low probability of a significant near-term pullback.
Expected trading range for the coming week is $97.00–$100.50, with immediate resistance near $100.50 and key support at $89–$90.

Bullish structure confirmed as price holds above major supports

CSCO is trading at $98.73, well above the MA-20 ($89.73), MA-50 ($83.60), and MA-200 ($75.84), which confirms bullish structure across all major time horizons. The Ichimoku Kijun on D1 is $88.91, which acts as immediate support below the current price. Near-term support is clustered at the MA-20 ($89.73), with key support at the MA-50 ($83.60). Immediate resistance sits at the recent high, while the next significant resistance is less clear as the price is near all-time highs.

Overbought signals and strong gains as momentum extends weekly highs

Momentum signals on D1 are strongly bullish—MACD and ADX both indicate continued upward pressure, while the RSI reads 75.29 and is in overbought territory. Stoch RSI and CCI confirm overbought conditions, while BBP reflects clear buyer dominance intraday. The Awesome Oscillator aligns with this positive momentum. In today's session, CSCO posted a notable gain of 2.28%. Over the past week, CSCO is up $2.20 (2.28%) from the previous close of $96.53. The stock is trading at the very top of its weekly range, with volatility standing at 8.57%. The weekly tone reflects a strong recovery from the recent low and consolidation near resistance levels.

Upside bias prevails as breakout odds eclipse pullback risk

For the coming week, the expected range is $97.00 to $100.50, based on historical volatility and technical structure, with both bounds anchored near the 52-week high. There is a very high probability (more than 80%) of a continued price increase versus a very low probability (less than 20%) of a meaningful decrease, as indicated by bullish readings in RSI-W1, ADX-W1, MACD-W1, and MA-50-W1. The baseline scenario is sideways movement near resistance between $97 and $100. If bullish momentum accelerates further, a breakout above $100.50 could open the way for new highs. Conversely, a bearish scenario would see a pullback to support at the $89–$90 area, though current signals make this less likely. Relative to the 52-week low ($60.85), CSCO now trades close to its all-time high, underscoring the strength of the recent rally.

Loading...

The tweet was deleted by the author.

But we saved everything 🙂.

Previously it was reported that Cisco was demonstrating robust bullish momentum, supported by strong AI growth and strategic integration efforts. This article adds a new dimension by examining recent developments that could influence trend sustainability, prompting traders to monitor for a potential shift in momentum or an emerging consolidation scenario.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.