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(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 2024-06-11 View latest technical analysis

10 day averaged volume of Ciena Corporation is 2427750

Date Daily Closing Price Open High Low Volume
11 Tue Jun 2024 45.92 45.89 46.41 45.76 0.602 times
10 Mon Jun 2024 45.83 45.02 46.08 44.69 0.753 times
07 Fri Jun 2024 45.75 47.63 47.84 45.62 1.15 times
06 Thu Jun 2024 48.56 52.58 53.58 48.47 2.38 times
05 Wed Jun 2024 48.24 47.50 48.74 47.22 1.478 times
04 Tue Jun 2024 47.09 47.72 47.88 46.82 0.628 times
03 Mon Jun 2024 47.92 48.83 48.83 47.47 1.074 times
31 Fri May 2024 48.17 48.06 48.27 47.21 0.86 times
30 Thu May 2024 47.85 48.22 48.47 47.17 0.907 times
29 Wed May 2024 49.34 48.86 49.47 48.75 0.424 times

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 45.6, for a target of 47.1 or 48.32

Share price targets for Ciena Corporation (CIEN)

Target Type Value
Downside Target 43.30
Downside Target 44.69
Downside Target 45.62
Upside Target 48.24
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 44.94
Downside Intraday Target 43.95
Upside Intraday Target 46.66
Upside Intraday Target 47.39
Downside Intraday Target 45.67

Weekly technical analysis of Ciena Corporation (CIEN)

Date Weekly Closing Price Open High Low Volume
11 Tue Jun 2024 45.92 45.02 46.41 44.69 0.202 times
07 Fri Jun 2024 45.75 48.83 53.58 45.62 2.647 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

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
11 Tue Jun 2024 45.92 48.83 53.58 44.69 0.718 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 neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Ciena Corporation in short term and the sell signal is strong.

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 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 47.62 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 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 neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Ciena Corporation in short term and the sell signal is strong.

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 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 47.62 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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