(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 2024-08-05 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1270869
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 45.77 | 45.53 | 46.91 | 44.89 | 1.136 times |
| 02 Fri Aug 2024 | 48.12 | 49.44 | 50.19 | 47.95 | 1.52 times |
| 01 Thu Aug 2024 | 51.29 | 52.75 | 53.57 | 50.33 | 1.006 times |
| 31 Wed Jul 2024 | 52.74 | 52.54 | 53.62 | 52.22 | 1.72 times |
| 30 Tue Jul 2024 | 51.48 | 50.44 | 51.69 | 50.25 | 1.203 times |
| 29 Mon Jul 2024 | 50.13 | 50.25 | 50.85 | 49.68 | 0.571 times |
| 26 Fri Jul 2024 | 50.16 | 50.45 | 50.73 | 49.76 | 0.589 times |
| 25 Thu Jul 2024 | 49.83 | 49.69 | 50.63 | 49.37 | 0.762 times |
| 24 Wed Jul 2024 | 49.63 | 50.93 | 51.25 | 49.61 | 0.982 times |
| 23 Tue Jul 2024 | 51.27 | 50.19 | 51.41 | 49.90 | 0.9 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 45.8, for a target of 47.9 or 49.58
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 43.30 |
| Downside Target | 44.69 |
| Upside Target | 46.04 |
| Upside Target | 47.95 |
| 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 | 44.8 |
| Downside Intraday Target | 43.84 |
| Upside Intraday Target | 46.82 |
| Upside Intraday Target | 47.88 |
| Upside Intraday Target | 45.86 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 45.77 | 45.53 | 46.91 | 44.89 | 0.189 times |
| 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 |
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 Mon Aug 2024 | 45.77 | 52.75 | 53.57 | 44.89 | 0.186 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 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 short 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Ciena Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Ciena Corporation in short term but the sell signal is initial and weak.
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 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 50.09 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 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 short 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Ciena Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Ciena Corporation in short term but the sell signal is initial and weak.
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 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 50.09 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.