Cisco (CSCO) stock has returned 44% in the last 12 months, 9.6% in the last month, and 6.9% in the last five trading days. It rose 15% in 2016 and 31% in 2017. Since the start of 2018, it has risen 20%.
By comparison, the SPDR S&P 500 ETF (SPY) and the PowerShares QQQ Trust, Series 1 ETF (QQQ) have generated returns of 6.5% and 15.5%, respectively, in 2018.
Of the 28 analysts tracking Cisco stock, 19 recommended a “buy,” nine recommended a “hold,” and none recommended a “sell.” Analysts’ 12-month average price target for Cisco is $49.56, and their median estimate is $50. Cisco is trading at a discount of 7% to analysts’ median estimate. It will be interesting to see if analysts revise their price target upwards after Cisco’s stellar Q4 results and strong Q1 guidance.
On August 15, Cisco closed the trading day at $46.59. Based on that price, the stock was trading as follows:
- 7.3% above its 100-day moving average of $43.41
- 8% above its 50-day moving average of $43.13
- 8% above its 20-day moving average of $43.12
MACD and RSI
Cisco’s 14-day MACD (moving average convergence divergence) is 0.72. A stock’s MACD marks the difference between its short-term and long-term moving averages. Cisco’s positive MACD score indicates an upward trading trend.
Cisco has a 14-day RSI (relative strength index) score of 63, which shows that the stock is trading close to overbought territory. An RSI score above 70 indicates that a stock has been overbought, while an RSI score below 30 indicates that a stock has been oversold.