(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 2024-06-12 View latest technical analysis
10 day averaged volume of Ciena Corporation is 2490170
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 48.78 | 48.41 | 48.81 | 47.46 | 0.903 times |
| 11 Tue Jun 2024 | 45.92 | 45.89 | 46.41 | 45.76 | 0.587 times |
| 10 Mon Jun 2024 | 45.83 | 45.02 | 46.08 | 44.69 | 0.734 times |
| 07 Fri Jun 2024 | 45.75 | 47.63 | 47.84 | 45.62 | 1.121 times |
| 06 Thu Jun 2024 | 48.56 | 52.58 | 53.58 | 48.47 | 2.321 times |
| 05 Wed Jun 2024 | 48.24 | 47.50 | 48.74 | 47.22 | 1.441 times |
| 04 Tue Jun 2024 | 47.09 | 47.72 | 47.88 | 46.82 | 0.613 times |
| 03 Mon Jun 2024 | 47.92 | 48.83 | 48.83 | 47.47 | 1.047 times |
| 31 Fri May 2024 | 48.17 | 48.06 | 48.27 | 47.21 | 0.839 times |
| 30 Thu May 2024 | 47.85 | 48.22 | 48.47 | 47.17 | 0.884 times |
My analysis of stock is bullish for shortterm, and stock might move up till 49.5 or till 51. Use a stoploss of 48.32 and if this stock hits its stoploss, then it can fall down till 47.1
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 43.30 |
| Downside Target | 44.69 |
| Downside Target | 45.62 |
| Downside Target | 47.17 |
| Downside Target | 48.24 |
| 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 | 46.04 |
| Downside Intraday Target | 43.31 |
| Upside Intraday Target | 50.16 |
| Upside Intraday Target | 51.55 |
| Downside Intraday Target | 47.43 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 48.78 | 45.02 | 48.81 | 44.69 | 0.34 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 |
| 12 Wed Jun 2024 | 48.78 | 48.83 | 53.58 | 44.69 | 0.801 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 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 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 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 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 47.66 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 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 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 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 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 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 47.66 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 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.