Price Position and Structural State
Cisco Systems, Inc. (CSCO) closed at 111.14 USDT on August 25, 2026, up 0.83%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 107.43 USDT, with resistance near 134.88 USDT. A daily close below 107.43 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.
Moving Averages and Trend Context
CSCO is trading inside a zone of moving-average confluence. MA9 at 111.069 USDT sits just below price, while MA14 at 112.034 USDT sits just above. The compression across multiple moving averages signals range contraction rather than trend dominance. The next meaningful read comes from price separating cleanly from this cluster.
Trading Friction and Price Efficiency
CSCO shows high trading friction, with a 3-day friction score of 31.6. The score combines price progress, wick rejection, and volume confirmation. Recent candles show contested movement, with weak price progress or heavier wick rejection. In this condition, moves near support or resistance carry less weight until price closes more cleanly.
Open Interest, Funding, and Positioning
Open interest fell -9.69% in one day, showing clear position reduction. OI sits near the middle of its 60-day range, so the move reduces leverage from a normal base rather than clearing an already crowded leverage base.
Funding is near neutral across the 24-hour and 7-day averages, at 0.000000% and 0.000000%. This shows limited cost pressure on either side, so funding is not giving a strong directional signal right now.
The long/short ratio is 3.05, sitting near the upper side of its 180-day range at 95.73%. This means long accounts are unusually dominant compared with recent history.
Correlation, Beta, and Index Relationship
CSCO shows weak linkage to the broader crypto market (Sigloid Index). Correlation is limited, and R² indicates that index behavior explains only a small portion of its movement. This suggests price action is largely driven by asset-specific factors rather than broader market direction. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | -0.023 | -0.018 | 0.001 | Inverse linkage |
| 60D | -0.03 | -0.025 | 0.001 | Inverse linkage |
| 180D | — | — | — | Not enough data |
Momentum, Volatility, and Indicator Pressure
CSCO's bands are opening, but the move still lacks full support. Bollinger Band width% reads 17.06, close to the top of its full historical range. ATR% reads 3.08, near the middle of its full historical range. 20-day Volume Z-score is 0.10, showing near-normal participation.
Momentum is weaker. RSI is 41.41, ROC14 is -8.34%, and MACD histogram is negative. These readings point in the same direction: downside pressure is active, while recovery pressure remains limited.
The read is cautious: downside momentum is active, but volatility and participation do not confirm a strong break yet.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. CSCO has a weak link to that market condition, so price behavior depends more on its own structure than on the broader market trend.
Key Levels for the Next State Change
For CSCO, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 134.88 USDT establishes a bullish regime, while a daily close below 55-day support at 107.43 USDT confirms a bearish regime.