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Cisco Systems Down 18.4% Since SmarTrend Downtrend Call (CSCO)
[July 23, 2012]

Cisco Systems Down 18.4% Since SmarTrend Downtrend Call (CSCO)


Jul 23, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Cisco Systems (NASDAQ:CSCO) on April 24th, 2012 at $19.60. In approximately 3 months, Cisco Systems has returned 18.37% as of today's recent price of $16.00.



Cisco Systems share prices have moved between a 52-week high of $21.30 and a 52-week low of $13.30 and are now trading 20% above that low price at $16.00 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.6%.

Cisco Systems, Inc. supplies data networking products for the Internet. The Company's Internet Protocol-based networking solutions are installed at corporations, public institutions and telecommunication companies worldwide. The Company's solutions transport data, voice, and video within buildings, across campuses, and around the world.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cisco Systems.

Log in and add Cisco Systems (CSCO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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