(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 2024-08-06 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1320333
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 46.71 | 45.95 | 47.70 | 45.63 | 1.099 times |
| 05 Mon Aug 2024 | 45.77 | 45.53 | 46.91 | 44.89 | 1.094 times |
| 02 Fri Aug 2024 | 48.12 | 49.44 | 50.19 | 47.95 | 1.463 times |
| 01 Thu Aug 2024 | 51.29 | 52.75 | 53.57 | 50.33 | 0.968 times |
| 31 Wed Jul 2024 | 52.74 | 52.54 | 53.62 | 52.22 | 1.656 times |
| 30 Tue Jul 2024 | 51.48 | 50.44 | 51.69 | 50.25 | 1.158 times |
| 29 Mon Jul 2024 | 50.13 | 50.25 | 50.85 | 49.68 | 0.549 times |
| 26 Fri Jul 2024 | 50.16 | 50.45 | 50.73 | 49.76 | 0.567 times |
| 25 Thu Jul 2024 | 49.83 | 49.69 | 50.63 | 49.37 | 0.734 times |
| 24 Wed Jul 2024 | 49.63 | 50.93 | 51.25 | 49.61 | 0.945 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.9, but if it comes above 47.9, then a intra day buy could be more profitable.
If you take a sell trade below 47.9, then use 47.9 as stoploss and 45.8 as target. However if you take a buy trade in stock , then use 47.9 as stoploss and 49.58 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 | 47.70 |
| 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 | 45.17 |
| Downside Intraday Target | 43.62 |
| Upside Intraday Target | 47.98 |
| Upside Intraday Target | 49.24 |
| Downside Intraday Target | 46.43 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 46.71 | 45.53 | 47.70 | 44.89 | 0.378 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 |
| 06 Tue Aug 2024 | 46.71 | 52.75 | 53.57 | 44.89 | 0.244 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 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 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 SELL. Signal strength is Strong 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 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 moving up
CCI has generated a buy signal for Ciena Corporation in short term but BUY signal is weak.
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 49.63 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 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 SELL. Signal strength is Strong 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 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 moving up
CCI has generated a buy signal for Ciena Corporation in short term but BUY signal is weak.
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 49.63 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.