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CSCO Makes Notable Cross Below Critical Moving Average

By Dividend Channel Staff, Thursday, November 16, 11:39 AM ET

In trading on Thursday, shares of Cisco Systems Inc (NASDAQ:CSCO) crossed below their 200 day moving average of $51.33, changing hands as low as $46.20 per share. Cisco Systems Inc shares are currently trading off about 11.4% on the day. The chart below shows the one year performance of CSCO shares, versus its 200 day moving average:

Cisco Systems Inc 200 Day Moving Average Chart

Looking at the chart above, CSCO's low point in its 52 week range is $45.1601 per share, with $58.185 as the 52 week high point — that compares with a last trade of $47.11. The CSCO DMA information above was sourced from TechnicalAnalysisChannel.com


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