(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 2024-08-02 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1150337
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 48.12 | 49.44 | 50.19 | 47.95 | 1.679 times |
| 01 Thu Aug 2024 | 51.29 | 52.75 | 53.57 | 50.33 | 1.111 times |
| 31 Wed Jul 2024 | 52.74 | 52.54 | 53.62 | 52.22 | 1.9 times |
| 30 Tue Jul 2024 | 51.48 | 50.44 | 51.69 | 50.25 | 1.329 times |
| 29 Mon Jul 2024 | 50.13 | 50.25 | 50.85 | 49.68 | 0.631 times |
| 26 Fri Jul 2024 | 50.16 | 50.45 | 50.73 | 49.76 | 0.651 times |
| 25 Thu Jul 2024 | 49.83 | 49.69 | 50.63 | 49.37 | 0.842 times |
| 24 Wed Jul 2024 | 49.63 | 50.93 | 51.25 | 49.61 | 1.085 times |
| 23 Tue Jul 2024 | 51.27 | 50.19 | 51.41 | 49.90 | 0.994 times |
| 22 Mon Jul 2024 | 50.47 | 49.69 | 50.66 | 49.18 | 0.825 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.2, but if it comes above 48.2, then a intra day buy could be more profitable.
If you take a sell trade below 48.2, then use 48.2 as stoploss and 46.3 as target. However if you take a buy trade in stock , then use 48.2 as stoploss and 49.7 as target.
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 43.30 |
| Downside Target | 44.69 |
| Downside Target | 46.04 |
| Downside Target | 47.59 |
| Upside Target | 49.18 |
| Upside Target | 50.25 |
| Upside Target | 51.41 |
| Upside Target | 52.07 |
| Upside Target | 53.57 |
| Upside Target | 53.58 |
| Upside Target | 53.62 |
Intraday share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Intraday Target | 46.17 |
| Downside Intraday Target | 44.23 |
| Upside Intraday Target | 51.84 |
| Upside Intraday Target | 55.57 |
| Upside Intraday Target | 49.9 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 48.12 | 50.25 | 53.62 | 47.95 | 1.512 times |
| 26 Fri Jul 2024 | 50.16 | 49.69 | 51.41 | 49.18 | 0.925 times |
| 19 Fri Jul 2024 | 49.39 | 48.81 | 52.07 | 48.02 | 0.985 times |
| 12 Fri Jul 2024 | 48.76 | 47.72 | 49.24 | 46.52 | 3.162 times |
| 05 Fri Jul 2024 | 46.77 | 47.37 | 47.59 | 46.25 | 0.629 times |
Price has moved down 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 |
| 02 Fri Aug 2024 | 48.12 | 52.75 | 53.57 | 47.95 | 0.128 times |
| 31 Wed Jul 2024 | 52.74 | 48.29 | 53.62 | 46.25 | 0.592 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 |
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 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 short 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 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 50.61 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 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 short 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 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 50.61 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.