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(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 2024-02-13 View latest technical analysis

10 day averaged volume of Ciena Corporation is 1833860

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	54.68	55.10	55.80	54.19	0.997 times
12 Mon Feb 2024	56.88	56.86	57.73	56.86	0.77 times
09 Fri Feb 2024	56.74	55.50	57.17	55.47	1.058 times
08 Thu Feb 2024	55.48	55.20	56.31	54.35	0.951 times
07 Wed Feb 2024	55.79	55.07	55.85	54.27	0.7 times
06 Tue Feb 2024	54.91	55.30	56.27	54.64	1.492 times
05 Mon Feb 2024	54.77	54.54	55.44	54.41	1.279 times
02 Fri Feb 2024	54.62	54.44	54.76	53.81	0.802 times
01 Thu Feb 2024	54.09	53.94	54.80	53.60	0.976 times
31 Wed Jan 2024	53.00	52.48	53.84	52.37	1.102 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 55.3 as stoploss in an intra day sell trade for a target of 53.41. However, stock will show a bullish move above 55.3.

Share price targets for Ciena Corporation (CIEN)

Target Type	Value
Downside Target	39.94
Downside Target	41.83
Downside Target	44.22
Downside Target	46.66
Downside Target	48.06
Downside Target	49.55
Downside Target	50.63
Downside Target	52.57
Downside Target	54.19
Downside Target	54.27
Upside Target	54.80
Upside Target	57.17
Upside Target	57.73

Intraday share price targets for Ciena Corporation (CIEN)

Target Type	Value
Downside Intraday Target	53.34
Downside Intraday Target	51.99
Upside Intraday Target	56.88
Upside Intraday Target	59.07
Upside Intraday Target	55.53

Weekly technical analysis of Ciena Corporation (CIEN)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	54.68	56.86	57.73	54.19	0.323 times
09 Fri Feb 2024	56.74	54.54	57.17	54.27	1.235 times
02 Fri Feb 2024	54.62	51.28	54.80	51.28	1.225 times
26 Fri Jan 2024	51.42	52.79	52.93	50.63	0.834 times
19 Fri Jan 2024	52.51	49.72	52.57	49.55	3.182 times

Price has moved down 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
13 Tue Feb 2024	54.68	53.94	57.73	53.60	0.444 times
31 Wed Jan 2024	53.00	44.53	53.84	44.22	0.801 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

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 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 Weak and stock is losing momentum.

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

Ciena Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ciena Corporation in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 55.02 and Ciena Corporation (CIEN) stock is trading below this level. This means that stock is falling with high volumes. 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.