Cisco Systems Inc

CSCO exhibits a bearish medium- and long-term bias as price trades below the 20- and 50-day SMAs with a sequence of lower highs and lows. Short-term timing lacks a clear entry, with price tracking near the 9-day EMA and capped by descending 20-day EMA resistance. Look to sell on rallies into the 20–50-day MA zone, with a reclaim above the 50-day SMA invalidating the bearish stance.

• ↑Q4 revenue $17.3B (+18% YoY) and non-GAAP EPS $1.22 (+23% YoY).
• ↑Product orders rose 35% YoY, fueling networking supercycle demand.
• ↓Negative earnings yield and low book-to-price indicate potential overvaluation.