(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 2024-05-28 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1091051
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 49.50 | 49.55 | 49.86 | 49.27 | 0.767 times |
| 24 Fri May 2024 | 49.34 | 49.17 | 49.53 | 48.96 | 0.748 times |
| 23 Thu May 2024 | 48.88 | 49.75 | 49.97 | 48.62 | 1.325 times |
| 22 Wed May 2024 | 49.56 | 49.60 | 50.25 | 49.11 | 1.162 times |
| 21 Tue May 2024 | 49.43 | 48.60 | 49.45 | 48.58 | 1.179 times |
| 20 Mon May 2024 | 48.87 | 48.75 | 49.09 | 48.60 | 0.899 times |
| 17 Fri May 2024 | 48.85 | 49.27 | 49.33 | 48.78 | 0.762 times |
| 16 Thu May 2024 | 49.20 | 49.68 | 49.68 | 49.02 | 0.731 times |
| 15 Wed May 2024 | 49.32 | 48.78 | 49.47 | 48.24 | 1.125 times |
| 14 Tue May 2024 | 48.73 | 49.11 | 49.54 | 48.69 | 1.183 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 49.6 as stoploss in an intra day sell trade for a target of 48.67. However, stock will show a bullish move above 49.6.
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 43.30 |
| Downside Target | 44.22 |
| Downside Target | 46.04 |
| Downside Target | 48.01 |
| Upside Target | 49.80 |
| Upside Target | 49.86 |
| Upside Target | 50.25 |
| 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 | 49.23 |
| Downside Intraday Target | 48.95 |
| Upside Intraday Target | 49.82 |
| Upside Intraday Target | 50.13 |
| Upside Intraday Target | 49.54 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 49.50 | 49.55 | 49.86 | 49.27 | 0.144 times |
| 24 Fri May 2024 | 49.34 | 48.75 | 50.25 | 48.58 | 1.133 times |
| 17 Fri May 2024 | 48.85 | 49.10 | 49.68 | 48.24 | 0.759 times |
| 10 Fri May 2024 | 49.10 | 48.25 | 49.53 | 48.01 | 0.974 times |
| 03 Fri May 2024 | 47.77 | 46.83 | 48.57 | 46.04 | 0.795 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 Tue May 2024 | 49.50 | 46.23 | 50.25 | 46.04 | 0.63 times |
| 30 Tue Apr 2024 | 46.23 | 49.61 | 49.80 | 43.30 | 0.586 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 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 49.16 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 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 49.16 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.