Cisco Stock Faces Bearish Trends Ahead Of Q4 Earnings
Cisco Stock Faces Bearish Trends Ahead Of Q4 Earnings
Cisco Systems Inc (NASDAQ:CSCO) is set to report its fourth-quarter earnings after market hours on Wednesday.
思科系統公司（NASDAQ：CSCO）定於週三收盤後公佈其第四季度收益。
Wall Street expects 85 cents in EPS and $13.54 billion in revenues as the company reports
華爾街預計公司報告，每股收益爲85美分，收入爲134億美元
Let's look at what the charts indicate for Cisco stock, which is down 16.18% over the last year and 10.58% year-to-date.
讓我們來看看思科股票的圖表顯示，該公司過去一年下跌了16.18%，年初至今下跌了10.58%。
The share price of $45.06 is trading below its five-, 20- and 50-day exponential moving averages. This consistent positioning below key moving averages indicates significant selling pressure.
股價爲45.06美元，低於其五日、20日和50日的指數移動平均值。這種始終在關鍵移動平均線下的定位表明存在重大的賣壓力。
Chart created using Benzinga Pro
使用Benzinga Pro創建的圖表
The stock is below its eight-day simple moving average of $45.36, 20-day SMA of $46.69 and 50-day SMA of $46.65, all of which signal bearishness.
該股票低於其8日簡單移動平均線的45.36美元，20日SMA的46.69美元和50日SMA的46.65美元，這些都表明看淡。
The 200-day SMA stands at $48.70, further reinforcing the bearish outlook.
200日SMA爲48.70美元，進一步強化了看淡的前景。
Chart created using Benzinga Pro
使用Benzinga Pro創建的圖表
Technical indicators also suggest a negative sentiment. The Moving Average Convergence Divergence (MACD) is at negative 0.52, indicating a bearish signal.
技術指標也表明負面情緒。移動平均線收斂/發散（MACD）爲負0.52，表明看淡信號。
The Relative Strength Index (RSI) of 39.35 suggests that the stock is near-about being oversold, but not yet in a position to reverse the downward trend.
相對強弱指數（RSI）爲39.35，表明該股票接近超賣，但尚未處於逆轉下降趨勢的位置。
Additionally, the Bollinger Bands, ranging from $44.46 to $49.07, place the current share price below the lower band, confirming the bearish sentiment.
此外，布林格帶範圍從44.46美元到49.07美元，將當前股價放在較低的帶下面，確認了那種看淡情緒。
Overall, Cisco Systems is experiencing strong selling pressure and technical indicators suggest a continued bearish outlook.
總體而言，思科系統正在經歷強大的賣壓，技術指標表明看淡的前景仍將持續。
Read Also: What's Going On With Cisco Stock?
閱讀更多信息：思科股票的狀況如何？
Cisco Analysts See 17% Upside
思科分析師預計有17%的上漲空間
The consensus analyst rating on Cisco stock stands at a Neutral with a price target of $56.39. The latest analyst ratings from Piper Sandler, Barclays and Wells Fargo imply a 17.36% upside for Cisco stock with a $53 average price target.
分析師評級中立，巴克萊銀行、派傑投資和富國銀行的最新分析師評級表明思科股票有17.36%的上漲空間，目標價爲53美元。
CSCO Price Action: Cisco stock was trading at $45.16 at the time of writing Tuesday.
CSCO的股價在週二撰寫本文時爲45.16美元。
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