(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 2024-07-05 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1580270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 46.77 | 46.59 | 46.77 | 46.25 | 0.746 times |
| 03 Wed Jul 2024 | 46.95 | 47.37 | 47.59 | 46.53 | 0.365 times |
| 03 Wed Jul 2024 | 46.95 | 47.37 | 47.59 | 46.53 | 0.365 times |
| 02 Tue Jul 2024 | 47.25 | 47.60 | 48.03 | 47.13 | 0.64 times |
| 01 Mon Jul 2024 | 47.74 | 48.29 | 48.29 | 47.18 | 0.762 times |
| 28 Fri Jun 2024 | 48.18 | 48.20 | 48.92 | 47.97 | 1.221 times |
| 27 Thu Jun 2024 | 48.15 | 47.80 | 48.55 | 47.59 | 0.666 times |
| 26 Wed Jun 2024 | 47.66 | 47.07 | 47.84 | 47.05 | 0.711 times |
| 25 Tue Jun 2024 | 47.36 | 47.17 | 47.47 | 46.83 | 0.674 times |
| 24 Mon Jun 2024 | 47.11 | 48.21 | 48.57 | 47.05 | 1.052 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 46.5 as stoploss in an intra day buy trade for a target of 47.27. However, stock will show a bearish move below 46.5.
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 43.30 |
| Downside Target | 44.69 |
| Downside Target | 45.90 |
| Upside Target | 48.29 |
| Upside Target | 48.50 |
| Upside Target | 48.92 |
| Upside Target | 49.04 |
| Upside Target | 49.80 |
| Upside Target | 50.25 |
| Upside Target | 53.58 |
| Upside Target | 63.24 |
Intraday share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Intraday Target | 46.15 |
| Downside Intraday Target | 45.53 |
| Upside Intraday Target | 47.49 |
| Upside Intraday Target | 48.21 |
| Upside Intraday Target | 46.87 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 46.77 | 47.37 | 47.59 | 46.25 | 0.629 times |
| 03 Wed Jul 2024 | 46.95 | 48.29 | 48.29 | 46.53 | 0.409 times |
| 28 Fri Jun 2024 | 48.18 | 48.21 | 48.92 | 46.83 | 0.821 times |
| 21 Fri Jun 2024 | 48.45 | 46.97 | 48.50 | 46.04 | 2.75 times |
| 18 Tue Jun 2024 | 46.58 | 46.05 | 47.15 | 45.90 | 0.384 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 |
| 05 Fri Jul 2024 | 46.77 | 48.29 | 48.29 | 46.25 | 0.107 times |
| 28 Fri Jun 2024 | 48.18 | 48.83 | 53.58 | 44.69 | 1.553 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ciena Corporation ( (CIEN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ciena Corporation in short term and SELL 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
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 47.49 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ciena Corporation ( (CIEN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ciena Corporation in short term and SELL 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
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 47.49 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.