Cisco Systems, Inc. (CSCO) stock price recorded gains in its latest intraday trading, supported by continued trading above its SMA50, which provides dynamic support and reinforces the stability and dominance of the main medium-term upward trend, with price action moving along a supportive trend line. However, negative signals are beginning to appear on the RSI after reaching overbought territory, which may limit part of the upcoming gains.

Therefore we expect the stock price to rise in upcoming trading, as long as it remains above the $80.00 support level, to target the first resistance at $85.75.

Todays price forecast: Bullish