Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(CIEN) Ciena Corporation complete technical analysis [charts+indicators] | Buy/Sell Ciena Corporation | (CIEN) share price targets

Complete technical analysis of Ciena Corporation (CIEN) by charts plus indicators, forecast predictions and share price targets for Ciena Corporation (CIEN)

Ciena Corporation trades in USA in Public Utilities sector.

Showing technical analysis as on 2024-01-08 View latest technical analysis

10 day averaged volume of Ciena Corporation is 1496790

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	47.39	46.27	47.73	46.04	1.099 times
05 Fri Jan 2024	46.43	45.41	46.57	45.22	1.161 times
04 Thu Jan 2024	45.59	44.36	45.74	44.29	1.313 times
03 Wed Jan 2024	44.58	44.79	45.03	44.41	0.819 times
02 Tue Jan 2024	45.14	44.53	45.27	44.22	1.019 times
29 Fri Dec 2023	45.01	44.85	45.37	44.69	1.032 times
29 Fri Dec 2023	45.01	44.85	45.37	44.69	1.032 times
28 Thu Dec 2023	45.10	44.27	45.18	44.26	1.214 times
27 Wed Dec 2023	44.25	44.15	44.34	43.98	0.883 times
26 Tue Dec 2023	44.10	44.06	44.43	43.97	0.76 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 46.8, for a target of 45.6 or 44.59

Share price targets for Ciena Corporation (CIEN)

Target Type	Value
Downside Target	39.94
Downside Target	41.83
Downside Target	43.97
Downside Target	46.04
Downside Target	46.57
Downside Target	46.66
Upside Target	47.73
Upside Target	48.06
Upside Target	48.36
Upside Target	50.72

Intraday share price targets for Ciena Corporation (CIEN)

Target Type	Value
Downside Intraday Target	46.38
Downside Intraday Target	45.36
Upside Intraday Target	48.07
Upside Intraday Target	48.74
Downside Intraday Target	47.05

Weekly technical analysis of Ciena Corporation (CIEN)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	47.39	46.27	47.73	46.04	0.255 times
05 Fri Jan 2024	46.43	44.53	46.57	44.22	4.176 times
29 Fri Dec 2023	45.01	44.85	45.37	44.69	0.265 times
29 Fri Dec 2023	45.01	44.06	45.37	43.97	0.596 times
22 Fri Dec 2023	44.17	43.14	44.39	42.20	0.735 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Ciena Corporation (CIEN)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	47.39	44.53	47.73	44.22	0.174 times
29 Fri Dec 2023	45.01	45.71	48.36	42.20	2.142 times
30 Thu Nov 2023	45.85	42.07	46.66	41.83	0.732 times
31 Tue Oct 2023	42.20	47.30	48.06	39.94	0.931 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ciena Corporation (CIEN)

Price action analysis of Ciena Corporation ( (CIEN) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Ciena Corporation ( (CIEN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ciena Corporation ( (CIEN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ciena Corporation ( (CIEN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Ciena Corporation stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ciena Corporation in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ciena Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ciena Corporation in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Ciena Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 45.35 and Ciena Corporation (CIEN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Ciena Corporation (CIEN) stock. Volume based technical analysis of Ciena Corporation (CIEN) stock is negative.

Ciena Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.