(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 2024-02-28 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1765530
Date | Daily Closing Price | Open | High | Low | Volume |
28 Wed Feb 2024 | 56.62 | 55.79 | 56.83 | 55.52 | 0.866 times |
27 Tue Feb 2024 | 56.14 | 56.36 | 56.50 | 55.35 | 0.637 times |
26 Mon Feb 2024 | 56.16 | 55.37 | 56.17 | 54.66 | 1.172 times |
23 Fri Feb 2024 | 55.33 | 56.29 | 56.29 | 54.82 | 1.09 times |
22 Thu Feb 2024 | 56.32 | 55.51 | 56.35 | 54.89 | 1.163 times |
21 Wed Feb 2024 | 54.45 | 54.05 | 54.49 | 53.17 | 0.933 times |
20 Tue Feb 2024 | 54.45 | 55.46 | 55.70 | 54.42 | 0.975 times |
16 Fri Feb 2024 | 55.91 | 57.05 | 57.05 | 55.89 | 0.971 times |
15 Thu Feb 2024 | 57.05 | 56.69 | 57.22 | 56.37 | 0.841 times |
14 Wed Feb 2024 | 57.38 | 55.19 | 57.55 | 54.71 | 1.182 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 56.7 as stoploss in an intra day sell trade for a target of 55.54. However, stock will show a bullish move above 56.7.
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 | 51.28 |
Downside Target | 53.17 |
Downside Target | 54.80 |
Downside Target | 56.35 |
Upside Target | 56.83 |
Upside Target | 57.17 |
Upside Target | 57.73 |
Intraday share price targets for Ciena Corporation (CIEN)
Target Type | Value |
Downside Intraday Target | 55.24 |
Downside Intraday Target | 53.87 |
Upside Intraday Target | 57.41 |
Upside Intraday Target | 58.21 |
Downside Intraday Target | 56.04 |
Weekly technical analysis of Ciena Corporation (CIEN)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Wed Feb 2024 | 56.62 | 55.37 | 56.83 | 54.66 | 0.643 times |
23 Fri Feb 2024 | 55.33 | 55.46 | 56.35 | 53.17 | 0.861 times |
16 Fri Feb 2024 | 55.91 | 56.86 | 57.73 | 54.19 | 0.849 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 |
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 |
28 Wed Feb 2024 | 56.62 | 53.94 | 57.73 | 53.17 | 0.91 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 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 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 gaining momentum.
MACD generated a SELL signal for Ciena Corporation in short term but the sell signal is initial and weak.
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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ciena Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 55.99 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.
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 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 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 gaining momentum.
MACD generated a SELL signal for Ciena Corporation in short term but the sell signal is initial and weak.
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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ciena Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 55.99 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.