(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 2024-08-15 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1230056
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 54.31 | 52.42 | 54.74 | 51.60 | 2.825 times |
| 14 Wed Aug 2024 | 50.03 | 49.68 | 50.13 | 49.26 | 0.731 times |
| 13 Tue Aug 2024 | 49.68 | 48.78 | 49.77 | 48.70 | 1.033 times |
| 12 Mon Aug 2024 | 48.50 | 49.01 | 49.13 | 48.36 | 0.716 times |
| 09 Fri Aug 2024 | 48.81 | 48.35 | 48.85 | 47.96 | 0.607 times |
| 08 Thu Aug 2024 | 48.58 | 47.13 | 48.83 | 47.13 | 0.84 times |
| 07 Wed Aug 2024 | 46.54 | 47.91 | 48.43 | 46.52 | 1.109 times |
| 06 Tue Aug 2024 | 46.71 | 45.95 | 47.70 | 45.63 | 1.18 times |
| 05 Mon Aug 2024 | 45.77 | 45.53 | 46.91 | 44.89 | 1.174 times |
| 02 Fri Aug 2024 | 48.12 | 49.44 | 50.19 | 47.95 | 1.57 times |
Stock of Ciena Corporation (CIEN) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 54.1, for a target of 51.7 or 49.67
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 43.30 |
| Downside Target | 44.69 |
| Downside Target | 46.04 |
| Downside Target | 47.95 |
| Downside Target | 50.25 |
| Downside Target | 51.41 |
| Downside Target | 52.07 |
| Downside Target | 53.58 |
| Downside Target | 53.62 |
| Upside Target | 54.74 |
Intraday share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Intraday Target | 50.2 |
| Downside Intraday Target | 46.09 |
| Upside Intraday Target | 56.58 |
| Upside Intraday Target | 58.85 |
| Downside Intraday Target | 52.47 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 54.31 | 49.01 | 54.74 | 48.36 | 1.08 times |
| 09 Fri Aug 2024 | 48.81 | 45.53 | 48.85 | 44.89 | 0.79 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 |
Price has moved up 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 |
| 15 Thu Aug 2024 | 54.31 | 52.75 | 54.74 | 44.89 | 0.629 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 up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Ciena Corporation ( (CIEN) ) based on a short 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.
Price action analysis of Ciena Corporation ( (CIEN) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ciena Corporation in short term and the buy signal is strong.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ciena Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.43 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 rising upwards.
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 is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Ciena Corporation ( (CIEN) ) based on a short 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.
Price action analysis of Ciena Corporation ( (CIEN) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ciena Corporation in short term and the buy signal is strong.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ciena Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.43 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 rising upwards.
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 is giving positive 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.