Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Cisco Systems, Inc. (CSCO) stock surged over 9% and a spike of 54.23% was seen in the market capitalization.</a> </li> 
 <li> <span>2</span> <a>Arista Network (ANET) stock price skyrocketed in the YTD time frame adding 61.72%.&nbsp;</a> </li> 
 <li> <span>3</span> <a>APH stock lost $2.02 of its trading price.</a> </li> 
</ul> 
<h2 class="wp-block-heading" id="strong-technical-analysis-csco-stock-strong"><strong>Technical Analysis: CSCO Stock</strong></h2> 
<p>CSCO stock seems profitable in all time frames, excluding the weekly time frame. A surge of 7.84% is seen in the monthly time frame. At the time of publication, CSCO stock price was trading at $56.79 with an intraday trading volume of 14.762 Million.&nbsp;</p> 
<p>The MACD &amp; RSI suggest positivity and that a significant amount of buyers are accumulating above the histogram.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full is-resized">
  <img decoding="async" loading="lazy" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-188.png" alt="CSCO, ANET Stock Surges Past Resistance Levels; Loses 2.09%" class="wp-image-166077" style="width: 100%;height:633px" width="1088" height="633" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-188.png 998w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-188-300x175.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-188-768x447.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-188-750x437.png 750w" sizes="(max-width: 1088px) 100vw, 1088px">
  <figcaption class="wp-element-caption">
   Source: CSCO stock price chart from <a href="https://www.tradingview.com/x/YB3lzTfL/">TradingView&nbsp;</a>
  </figcaption>
 </figure>
</div> 
<p>As per market analysts,<a href="https://www.thecoinrepublic.com/2023/06/22/cisco-systems-csco-stock-price-declines-to-the-50-level/"> Cisco Systems, Inc.</a> will surge further, but a short-term squeeze is possible.</p> 
<p>The annual price target of CSCO stock is $58.37, which is around 2.78% greater than its press time trading price. However, if it succeeds in bypassing the target, then CSCO stock price might register a fresh 52-week high.</p> 
<p>In the 52-week period, CSCO stock peaked at $58.19, and its lowest trading price was $38.60. Cisco Systems, Inc. has a market capitalization of $231.423 Billion. A surge of 54.23% is seen in the market cap compared to what is in 2022. Notably, the present market cap figure is 54.23% higher than the value at this time in 2022.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels&nbsp;</strong></h4> 
<p>Major Support: $55.28 and $52.69</p> 
<p>Major Resistance: $58.19 and $60</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-anet-stock-strong"><strong>Technical Analysis: ANET Stock</strong></h2> 
<p>In the YTD time frame, a surge of 61.72% is seen in ANET stock trading price on January 3, 2023, ANET stock was trading at $120. A surge of 26% was seen in August 2023.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full is-resized">
  <img decoding="async" loading="lazy" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-189.png" alt="CSCO, ANET Stock Surges Past Resistance Levels; Loses 2.09%" class="wp-image-166078" style="width: 100%;height:652px" width="1120" height="652" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-189.png 998w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-189-300x175.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-189-768x447.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-189-750x437.png 750w" sizes="(max-width: 1120px) 100vw, 1120px">
  <figcaption class="wp-element-caption">
   Source: ANET stock price chart from <a href="https://www.tradingview.com/x/3GPO5Mum/">TradingView&nbsp;</a>
  </figcaption>
 </figure>
</div> 
<p>Despite profitability in all trading formats, ANET stock is still below its annual price target of $199.35. Arista Network has a market capitalization of $60.535 Billion. A surge of 62.33% in the market cap was seen in 2023 compared to the same time in 2022.</p> 
<p>In the 52-week time frame, <a href="https://www.thecoinrepublic.com/2023/08/08/arista-networks-anet-stock-price-attracting-active-bears/">Arista Network stock </a>peaked at $198.70, and its lowest traded at $98.20.&nbsp;</p> 
<p>When writing, ANET stock was trading above 20,50,100, and 200-day EMAs. The MACD suggests positive momentum and reflecting buyers’ accumulation above the histogram.&nbsp;</p> 
<p>In the monthly time frame, ANET stock price rose over 9.24%. A 19.12% increase was seen in the trading price in the past three months. As per market analysts, ANET stock might open below its previous September 7, 2023 closing price.</p> 
<p>If the bullishness continues, then ANET stock may surge further and register a fresh 52-week high as the price is near the previous 52-week high.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p>Support Levels $179.14 &amp; $174.39</p> 
<p>Resistance Levels: $198.70</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-aph-stock-strong"><strong>Technical Analysis: APH Stock</strong></h2> 
<p>APH stock lost $2.02 of its trading price monthly despite short-term losses. Amphenol Corporation stock surged over 13% in the YTD time frame. At the time of publication, APH stock price was trading below its annual price target of $95.49.</p> 
<p>The RSI line is moving below neutrality, and if it falls below 49, then a sharp decline in the APH trading price might be seen. However, APH stock traded moderately above 20,50,100, and 200-day EMAs when writing.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full is-resized">
  <img decoding="async" loading="lazy" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-190.png" alt="CSCO, ANET Stock Surges Past Resistance Levels; Loses 2.09%" class="wp-image-166079" style="width: 100%;height:641px" width="1102" height="641" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-190.png 998w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-190-300x175.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-190-768x447.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-190-750x437.png 750w" sizes="(max-width: 1102px) 100vw, 1102px">
  <figcaption class="wp-element-caption">
   Source: APH stock price chart from <a href="https://www.tradingview.com/x/wAvU39by/">TradingView&nbsp;</a>
  </figcaption>
 </figure>
</div> 
<p>Moreover, MACD suggests that bears are trying to accumulate above the histogram, indicating that selling momentum will begin shortly. In the 52-week time frame, APH stock peaked at $90.28, while its lowest trading price was $65.21.</p> 
<p>Amphenol Corporation has a market capitalization of $51.742 Billion. A surge of 14.2% was seen in the market cap compared to 2022. The basic EPS (TTM) is positive 3.20, and price to earnings ratio (TTM) is 28.61.&nbsp;</p> 
<p>Amphenol Corp. designs, manufactures, and markets electrical, electronic, and fiber optic connectors, interconnect systems, antennas, sensors and sensor-based products, and specialty cables.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels&nbsp;</strong></h4> 
<p>Major Support: $85.03 &amp; $83.15</p> 
<p>Major Resistance: $88.83 &amp; $90.28</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>In terms of yearly performance ANET stock, CSCO stock and APH stock have impressed investors. Market analysts ranked CSCO stock with 2.4, ANET stock 2.2 and APH stock 1.3. Among all three CSCO and ANET stock remains the favorite of institutional investors and they are always considered as best buy.</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

CSCO, ANET Stock Surges Past Resistance Levels; Loses 2.09%

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