Cisco (CSCO) Stock Technicals: Falls 1.95% on Friday, RSI Oversold
Technical analysis of CSCO stock on November 6, 2026: price 93.85 USD, trend downtrend, RSI 28.1, support 93.85, resistance 115.34.
By Alistair Sterling
November 9, 20265 min read
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Logo Cisco — JournalArta illustration
Why CSCO is in focus today
Trading near its 3-month low (93.35)
Fresh death cross: SMA20 crossed below SMA50
RSI(14) at 28.1 — oversold zone
Downtrend extending (5-day change -10.20%)
Selected automatically from 100 NASDAQ (US) stocks by a technical-signal score with daily weighted randomisation — not a recommendation.
Nasdaq trading data show Cisco Systems (CSCO) closed Friday, November 6, 2026, at $93.85, down 1.95% on the day from a prior close of $95.72. The slide is part of a longer one: -10.20% over five days and -20.73% over one month. The stock sits at the bottom of its 20-day range and within reach of its three-month low of $93.35. A fresh death cross and an oversold RSI reading are the reasons it stands out today.
Trend & Price Action
The price is below both major averages. The 20-day simple moving average (SMA20) stands at $106.80 and the 50-day (SMA50) at $108.82. A death cross formed two sessions before the latest session, meaning the faster average dropped below the slower one. Traders read that as confirmation that short-term selling has outweighed the longer trend. The 20-day average itself fell 3.77% over five days, which shows the decline is broad and not a single bad session.
As shown in the chart, the stock has traded well below the middle of its Bollinger Bands. These bands plot a volatility envelope two standard deviations around the SMA20. The lower band sits at $95.86 and the upper at $117.73. With the last price at $93.85, the %B reading of -9% puts Cisco below the lower band. That usually signals a stretched move, although in a strong downtrend prices can keep running along or beneath the band. The bands are also widening, now 20.5% wide, so the market is pricing larger swings.
3-month price action chart of CSCO: price, SMA20/50, Bollinger, support & resistance.
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Oscillators & Momentum
Momentum indicators agree with the price action, but they also hint at exhaustion. The 14-day Relative Strength Index (RSI) is 28.1, inside oversold territory. RSI compares recent gains with recent losses, and readings under 30 mean sellers have dominated for some time. The Stochastic oscillator, which locates the close within its recent range, is lower still: %K at 2.6 and %D at 7.9. The stock is closing almost at the floor of its range.
The MACD, which tracks the gap between short- and long-term averages, tells the other side. It reads -3.277 against a signal line of -1.842, leaving a histogram of -1.435. The line sits below its signal and the gap is negative, so downward momentum has not yet turned. Oversold oscillators describe how stretched the selling is. They do not show that it has ended, and the MACD is the indicator still saying the sellers are in control.
Momentum chart of CSCO: RSI(14), MACD, Stochastic.
Volatility & Volume
The 14-day Average True Range (ATR), a measure of the typical daily swing, is $3.54, or 3.8% of the price. For a large technology name, that is high. A stock moving that much in a day can bounce or break lower quickly, so wide margins matter.
Friday's volume reached 23,092,400 shares, about 1.2 times the 20-day average of 18,499,710. The extra turnover shows the drop drew real participation. On-balance volume (OBV), which adds volume on up days and subtracts it on down days, is falling. Money flow is therefore still leaving the stock, which supports the downtrend and counts against the early bounce case.
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Fundamental Context
The selloff is happening against solid reported results. According to its SEC filing, Cisco posted annual revenue of $63.33 billion for the fiscal year ended July 25, 2026, up 11.8% from $56.65 billion a year earlier (Form 10-K filed September 2, 2026). Net income rose to $13.27 billion from $10.18 billion, and diluted earnings per share were $3.33. The charts describe how the market is trading the shares, not how the business performed.
Key Levels & Scenarios
The nearest floor is the 20-day support at $93.85, which matches Friday's close, with the three-month low at $93.35 just beneath it. If the price fails to hold that zone, the next reference is the ATR-based level at $88.54, which is 1.5 times the ATR below the last price. A rebound would first meet $95.86, the lower Bollinger Band. After that come $99.16 (1.5 ATR above the price), the SMA20 at $106.80 and the 20-day resistance at $115.34. The three-month high is $124.71.
Technical Verdict: HOLD (wait & see)
The code-computed technical bias is neutral, with 0 of 7 bullish signals and 2 of 7 bearish. The verdict is HOLD (wait & see) for three reasons:
- The death cross and falling OBV keep the trend pointed down.
- RSI at 28.1 and Stochastic at 2.6/7.9 show an oversold stock where a bounce is possible, which offsets the bearish trend signals.
- The negative MACD histogram (-1.435) says momentum has not yet turned.
The verdict is invalidated if the price falls below $93.35, the three-month low, which would turn the bias bearish.
For a rebound scenario only, the levels from the data are:
- Ideal entry range: $93.85 to $95.86, from 20-day support up to the lower Bollinger Band, and only if support holds.
- Exit target (target price): $106.80 (SMA20) first, then $115.34 (20-day resistance).
- Stop loss: below $88.54 (price minus 1.5×ATR).
This is technical analysis, not an investment recommendation, and the site disclaimer applies. In plain terms, Cisco looks beaten down enough to bounce, but the trend has not turned, so the chart favors waiting for the stock to hold $93.85 before reading it as a recovery.
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Summary Data CSCO
Last price
93.85 USD
Change 1 day / 5 days / 1 month
-1.95% / -10.20% / -20.73%
Trend / MA-cross
downtrend / death
SMA20 / SMA50
106.80 / 108.82
RSI (14) / Stochastic %K
28.1 / 2.6
Bollinger %B / ATR
-9% / 3.54
Support / Resistance 20 days
93.85 / 115.34
Data as of
7 November 2026 04:00 WIB
Disclaimer: This technical analysis is generated automatically from exchange data and indicators calculated by JournalArta, for information and education only. The verdict and the entry, target and stop-loss levels are not investment advice or a solicitation to buy or sell any security. Investment decisions and their risks rest solely with the reader.
