Cisco Systems Inc (CSCO)
Cisco Systems, Inc. is an American multinational technology conglomerate headquartered in San Jose, California, in the center of Silicon Valley. Cisco develops, manufactures and sells networking hardware, software, telecommunications equipment and other high-technology services and products. Through its numerous acquired subsidiaries, such as OpenDNS, Webex, Jabber and Jasper, Cisco specializes in specific tech markets, such as the Internet of Things (IoT), domain security and energy management. On January 25, 2021, Cisco reincorporated in Delaware.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 66.38% per annum.
- CSCO price at the close of April 1, 2025 was $61.80 and was lower than the bottom border of the primary price channel by $1.68 (2.65%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 31.06% per annum.
- CSCO price at the close of April 1, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of CSCO price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: May 20, 2024
End date: March 7, 2025
a = 1.6646
b = 0.0014
s = 0.0296
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0014) – 1
= 66.38%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0296) – 1
= 12.57%
May 20, 2024 calculations
Top border of price channel:
Exp(Y1,039)
= Exp(a + b × X1,039 + 2 × s)
= Exp(a + b × 1,509 + 2 × s)
= Exp(1.6646 + 0.0014 × 1,509 + 2 × 0.0296)
= Exp(3.8285)
= $45.99
Bottom border of price channel:
Exp(Y1,039)
= Exp(a + b × X1,039 – 2 × s)
= Exp(a + b × 1,509 – 2 × s)
= Exp(1.6646 + 0.0014 × 1,509 – 2 × 0.0296)
= Exp(3.7101)
= $40.86
March 7, 2025 calculations
Top border of price channel:
Exp(Y1,238)
= Exp(a + b × X1,238 + 2 × s)
= Exp(a + b × 1,800 + 2 × s)
= Exp(1.6646 + 0.0014 × 1,800 + 2 × 0.0296)
= Exp(4.2343)
= $69.02
Bottom border of price channel:
Exp(Y1,238)
= Exp(a + b × X1,238 – 2 × s)
= Exp(a + b × 1,800 – 2 × s)
= Exp(1.6646 + 0.0014 × 1,800 – 2 × 0.0296)
= Exp(4.1159)
= $61.31
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 66.38% per annum.
- CSCO price at the close of April 1, 2025 was $61.80 and was lower than the bottom border of the primary price channel by $1.68 (2.65%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: October 16, 2024
End date: April 1, 2025
a = 2.7977
b = 0.0007
s = 0.0236
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 31.06%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0236) – 1
= 9.92%
October 16, 2024 calculations
Top border of price channel:
Exp(Y1,142)
= Exp(a + b × X1,142 + 2 × s)
= Exp(a + b × 1,658 + 2 × s)
= Exp(2.7977 + 0.0007 × 1,658 + 2 × 0.0236)
= Exp(4.0737)
= $58.77
Bottom border of price channel:
Exp(Y1,142)
= Exp(a + b × X1,142 – 2 × s)
= Exp(a + b × 1,658 – 2 × s)
= Exp(2.7977 + 0.0007 × 1,658 – 2 × 0.0236)
= Exp(3.9791)
= $53.47
April 1, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(2.7977 + 0.0007 × 1,825 + 2 × 0.0236)
= Exp(4.1975)
= $66.52
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(2.7977 + 0.0007 × 1,825 – 2 × 0.0236)
= Exp(4.1029)
= $60.51
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 31.06% per annum.
- CSCO price at the close of April 1, 2025 was inside the secondary price channel.