(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 2024-05-31 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1149268
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 48.17 | 48.06 | 48.27 | 47.21 | 1.818 times |
| 30 Thu May 2024 | 47.85 | 48.22 | 48.47 | 47.17 | 1.916 times |
| 29 Wed May 2024 | 49.34 | 48.86 | 49.47 | 48.75 | 0.895 times |
| 28 Tue May 2024 | 49.50 | 49.55 | 49.86 | 49.27 | 0.728 times |
| 24 Fri May 2024 | 49.34 | 49.17 | 49.53 | 48.96 | 0.71 times |
| 23 Thu May 2024 | 48.88 | 49.75 | 49.97 | 48.62 | 1.258 times |
| 22 Wed May 2024 | 49.56 | 49.60 | 50.25 | 49.11 | 1.103 times |
| 21 Tue May 2024 | 49.43 | 48.60 | 49.45 | 48.58 | 1.119 times |
| 20 Mon May 2024 | 48.87 | 48.75 | 49.09 | 48.60 | 0.853 times |
| 17 Fri May 2024 | 48.85 | 49.27 | 49.33 | 48.78 | 0.723 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.4, but if it comes above 48.4, then a intra day buy could be more profitable.
If you take a sell trade below 48.4, then use 48.4 as stoploss and 47.8 as target. However if you take a buy trade in stock , then use 48.4 as stoploss and 48.92 as target.
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 43.30 |
| Downside Target | 44.22 |
| Downside Target | 46.04 |
| Downside Target | 47.17 |
| 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 | 46.94 |
| Downside Intraday Target | 45.71 |
| Upside Intraday Target | 49.63 |
| Upside Intraday Target | 51.09 |
| Upside Intraday Target | 48.4 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 48.17 | 49.55 | 49.86 | 47.17 | 1.062 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 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 |
| 31 Fri May 2024 | 48.17 | 46.23 | 50.25 | 46.04 | 0.783 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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ciena Corporation ( (CIEN) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ciena Corporation ( (CIEN) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Ciena Corporation stock for short term is SELL. Signal strength is Strong 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 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 in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Ciena Corporation in short term but BUY signal is weak.
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 48.81 and Ciena Corporation (CIEN) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ciena Corporation ( (CIEN) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ciena Corporation ( (CIEN) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Ciena Corporation stock for short term is SELL. Signal strength is Strong 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 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 in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Ciena Corporation in short term but BUY signal is weak.
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 48.81 and Ciena Corporation (CIEN) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.