(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 2024-06-06 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1740740
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 48.56 | 52.58 | 53.58 | 48.47 | 3.32 times |
| 05 Wed Jun 2024 | 48.24 | 47.50 | 48.74 | 47.22 | 2.061 times |
| 04 Tue Jun 2024 | 47.09 | 47.72 | 47.88 | 46.82 | 0.876 times |
| 03 Mon Jun 2024 | 47.92 | 48.83 | 48.83 | 47.47 | 1.498 times |
| 31 Fri May 2024 | 48.17 | 48.06 | 48.27 | 47.21 | 1.2 times |
| 30 Thu May 2024 | 47.85 | 48.22 | 48.47 | 47.17 | 1.265 times |
| 29 Wed May 2024 | 49.34 | 48.86 | 49.47 | 48.75 | 0.591 times |
| 28 Tue May 2024 | 49.50 | 49.55 | 49.86 | 49.27 | 0.481 times |
| 24 Fri May 2024 | 49.34 | 49.17 | 49.53 | 48.96 | 0.469 times |
| 23 Thu May 2024 | 48.88 | 49.75 | 49.97 | 48.62 | 0.83 times |
Stock of Ciena Corporation (CIEN) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 48.1 or till 47.4. Use a stoploss of 48.77 and if the stock hits stoploss, then it can shoot up till 49.4
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 43.30 |
| Downside Target | 46.04 |
| Upside Target | 49.80 |
| Upside Target | 49.86 |
| Upside Target | 50.25 |
| Upside Target | 53.17 |
| Upside Target | 53.58 |
| Upside Target | 57.73 |
| Upside Target | 63.24 |
Intraday share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Intraday Target | 45.73 |
| Downside Intraday Target | 42.89 |
| Upside Intraday Target | 52.49 |
| Upside Intraday Target | 56.41 |
| Upside Intraday Target | 49.65 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 48.56 | 48.83 | 53.58 | 46.82 | 2.193 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ciena Corporation (CIEN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 48.56 | 48.83 | 53.58 | 46.82 | 0.495 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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Ciena Corporation in short term and the sell signal is strong.
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 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 48.34 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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Ciena Corporation in short term and the sell signal is strong.
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 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 48.34 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.