What chart pattern is ChartPattern.io tracking on Cisco?
ChartPattern.io is currently tracking Descending Triangle on Cisco in the Technology stock. Secondary context includes Descending Triangle.
Live Technology stock scanner page for Cisco. Review the descending triangle setup, chart structure, and trade levels in one place.
Technical analysis of Cisco (CSCO) reveals a significant setup. With a last close of $107.44, volatility remains active (-1.82%). The primary technical feature is a Descending Triangle formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $107.39, targeting $90.07 with support near $112.57 (R:R 3.34).
CSCO is part of the Technology stock on ChartPattern.io. The scanner currently highlights Descending Triangle as the leading setup, with an entry near $107.39, a stop around $112.57, and a target near $90.07.
Descending Triangle
62/100 CP Index
Entry $107.39 · Stop $112.57 · Target $90.07
Momentum is building with this Descending Triangle. See the live chart action.
Sideways movement between parallel supports.
Bearish continuation pattern.
What is your outlook on CSCO?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on CSCO.
ChartPattern.io is currently tracking Descending Triangle on Cisco in the Technology stock. Secondary context includes Descending Triangle.
The current trade plan points to an entry near $107.39, a stop near $112.57, and a target near $90.07.
Cisco currently leans bullish. The page is showing a CP Index of 62/100, which helps summarize the current technical setup.