(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.
10 day averaged volume of Ciena Corporation is 1591870
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 45.04 | 45.00 | 45.53 | 44.87 | 0.917 times |
| 23 Tue Apr 2024 | 44.72 | 43.78 | 44.93 | 43.53 | 1.162 times |
| 22 Mon Apr 2024 | 43.92 | 43.75 | 43.99 | 43.30 | 0.843 times |
| 19 Fri Apr 2024 | 43.56 | 43.79 | 44.03 | 43.32 | 0.768 times |
| 18 Thu Apr 2024 | 43.77 | 44.26 | 44.62 | 43.40 | 0.942 times |
| 17 Wed Apr 2024 | 44.80 | 45.15 | 45.15 | 44.69 | 0.829 times |
| 16 Tue Apr 2024 | 45.03 | 44.62 | 45.06 | 44.20 | 1.091 times |
| 15 Mon Apr 2024 | 44.33 | 45.74 | 45.84 | 44.27 | 1.238 times |
| 12 Fri Apr 2024 | 45.60 | 45.28 | 46.42 | 45.26 | 1.333 times |
| 11 Thu Apr 2024 | 47.10 | 47.51 | 47.51 | 46.78 | 0.953 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 44.5 as stoploss in an intra day buy trade for a target of 46.57. However, stock will show a bearish move below 44.5.
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 42.20 |
| Downside Target | 43.30 |
| Downside Target | 44.22 |
| Upside Target | 45.26 |
| Upside Target | 47.52 |
| Upside Target | 49.80 |
| Upside Target | 51.67 |
| Upside Target | 53.17 |
| Upside Target | 53.84 |
| Upside Target | 57.73 |
| Upside Target | 63.24 |
Intraday share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Intraday Target | 43.72 |
| Downside Intraday Target | 42.39 |
| Upside Intraday Target | 45.95 |
| Upside Intraday Target | 46.85 |
| Downside Intraday Target | 44.62 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 45.04 | 43.75 | 45.53 | 43.30 | 0.6 times |
| 19 Fri Apr 2024 | 43.56 | 45.74 | 45.84 | 43.32 | 1.042 times |
| 12 Fri Apr 2024 | 45.60 | 47.94 | 48.03 | 45.26 | 0.992 times |
| 05 Fri Apr 2024 | 47.59 | 49.61 | 49.80 | 47.52 | 1.346 times |
| 28 Thu Mar 2024 | 49.45 | 50.72 | 51.67 | 49.37 | 0.708 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 |
| 24 Wed Apr 2024 | 45.04 | 49.61 | 49.80 | 43.30 | 0.46 times |
| 28 Thu Mar 2024 | 49.45 | 57.14 | 63.24 | 49.04 | 1.628 times |
| 29 Thu Feb 2024 | 56.98 | 53.94 | 57.73 | 53.17 | 0.98 times |
| 31 Wed Jan 2024 | 53.00 | 44.53 | 53.84 | 44.22 | 0.801 times |
Scroll below to view daily charts
Price has moved down 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Ciena Corporation ( (CIEN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ciena Corporation ( (CIEN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ciena Corporation stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Ciena Corporation in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 44.84 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 falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Ciena Corporation ( (CIEN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ciena Corporation ( (CIEN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ciena Corporation stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Ciena Corporation in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 44.84 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 falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.