(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 2024-07-11 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1141490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 47.92 | 47.79 | 48.32 | 47.47 | 0.536 times |
| 10 Wed Jul 2024 | 47.34 | 46.91 | 47.42 | 46.52 | 0.705 times |
| 09 Tue Jul 2024 | 46.73 | 47.90 | 48.15 | 46.63 | 1.213 times |
| 08 Mon Jul 2024 | 48.10 | 47.72 | 48.69 | 47.29 | 1.485 times |
| 05 Fri Jul 2024 | 46.77 | 46.59 | 46.77 | 46.25 | 1.033 times |
| 03 Wed Jul 2024 | 46.95 | 47.37 | 47.59 | 46.53 | 0.506 times |
| 03 Wed Jul 2024 | 46.95 | 47.37 | 47.59 | 46.53 | 0.506 times |
| 02 Tue Jul 2024 | 47.25 | 47.60 | 48.03 | 47.13 | 0.886 times |
| 01 Mon Jul 2024 | 47.74 | 48.29 | 48.29 | 47.18 | 1.054 times |
| 28 Fri Jun 2024 | 48.18 | 48.20 | 48.92 | 47.97 | 1.691 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 47.9, but if it comes below 47.9, then a intra day sell could be more profitable.
If you take a sell trade below 47.9, then use 47.9 as stoploss and 47.33 as target. However if you take a buy trade in stock , then use 47.9 as stoploss and 48.6 as target.
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 43.30 |
| Downside Target | 44.69 |
| Downside Target | 46.04 |
| Upside Target | 48.69 |
| 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 | 46.73 |
| Downside Intraday Target | 45.54 |
| Upside Intraday Target | 48.9 |
| Upside Intraday Target | 49.88 |
| Downside Intraday Target | 47.71 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 47.92 | 47.72 | 48.69 | 46.52 | 2.56 times |
| 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 |
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 |
| 11 Thu Jul 2024 | 47.92 | 48.29 | 48.69 | 46.25 | 0.214 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY signal for Ciena Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ciena Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 47.49 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY signal for Ciena Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ciena Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 47.49 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.