Cisco Systems, Inc. stock holds bullish trend despite post-earnings sell-off

Cisco Systems, Inc. stock closed at $123.88 on August 12, holding a firmly bullish structure above all major moving averages. However, the post-earnings after-hours sell-off creates tension with the technical picture. This gap between chart strength and market reaction demands a closer look.

Key takeaways

• Cisco Systems, Inc. stock closed at $123.88 on August 12, trading above the 20-day EMA at $118.26 and the 50-day EMA at $114.99.
• Daily RSI14 reads 62.98, signaling bullish momentum without yet reaching overbought extremes.
• The MACD histogram on the daily chart is expanding at 0.91, confirming strengthening trend momentum.
• Post-earnings after-hours selling emerged despite a beat-and-raise quarter, creating tension with the bullish chart structure.
• A break below daily support at $122.61 would invalidate the near-term bullish continuation thesis.

Daily Trend Points Higher for Cisco Systems Stock

The daily chart for Cisco Systems stock is unambiguously bullish, with price trading above all three key moving averages in textbook ascending order. The 20-day EMA sits at $118.26, the 50-day at $114.99, and the 200-day all the way down at $96.34. Price trading above all three confirms a well-established uptrend rather than a short-term bounce.

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