(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 2024-06-03 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1278402
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 47.92 | 48.83 | 48.83 | 47.47 | 2.04 times |
| 31 Fri May 2024 | 48.17 | 48.06 | 48.27 | 47.21 | 1.634 times |
| 30 Thu May 2024 | 47.85 | 48.22 | 48.47 | 47.17 | 1.722 times |
| 29 Wed May 2024 | 49.34 | 48.86 | 49.47 | 48.75 | 0.805 times |
| 28 Tue May 2024 | 49.50 | 49.55 | 49.86 | 49.27 | 0.655 times |
| 24 Fri May 2024 | 49.34 | 49.17 | 49.53 | 48.96 | 0.639 times |
| 23 Thu May 2024 | 48.88 | 49.75 | 49.97 | 48.62 | 1.131 times |
| 22 Wed May 2024 | 49.56 | 49.60 | 50.25 | 49.11 | 0.991 times |
| 21 Tue May 2024 | 49.43 | 48.60 | 49.45 | 48.58 | 1.006 times |
| 20 Mon May 2024 | 48.87 | 48.75 | 49.09 | 48.60 | 0.767 times |
Stock of Ciena Corporation (CIEN) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 47.9, for a target of 48.5 or 48.93
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 43.30 |
| Downside Target | 46.04 |
| Downside Target | 47.17 |
| Upside Target | 49.68 |
| Upside Target | 49.80 |
| Upside Target | 49.86 |
| Upside Target | 50.25 |
| Upside Target | 53.17 |
| Upside Target | 57.73 |
| Upside Target | 63.24 |
Intraday share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Intraday Target | 47.32 |
| Downside Intraday Target | 46.71 |
| Upside Intraday Target | 48.68 |
| Upside Intraday Target | 49.43 |
| Upside Intraday Target | 48.07 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 47.92 | 48.83 | 48.83 | 47.47 | 0.424 times |
| 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 |
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 |
| 03 Mon Jun 2024 | 47.92 | 48.83 | 48.83 | 47.47 | 0.096 times |
| 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 |
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 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 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 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 Weak and stock is losing 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 LOWS in short term which reflects strong selling momentum. 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 coming down
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 but selling 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 48.65 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 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 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 Weak and stock is losing 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 LOWS in short term which reflects strong selling momentum. 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 coming down
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 but selling 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 48.65 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.