(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 2024-08-19 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1380202
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 53.94 | 53.83 | 53.97 | 53.40 | 0.495 times |
| 16 Fri Aug 2024 | 53.80 | 54.31 | 54.48 | 53.39 | 0.896 times |
| 15 Thu Aug 2024 | 54.31 | 52.42 | 54.74 | 51.60 | 2.518 times |
| 14 Wed Aug 2024 | 50.03 | 49.68 | 50.13 | 49.26 | 0.651 times |
| 13 Tue Aug 2024 | 49.68 | 48.78 | 49.77 | 48.70 | 0.921 times |
| 12 Mon Aug 2024 | 48.50 | 49.01 | 49.13 | 48.36 | 0.638 times |
| 09 Fri Aug 2024 | 48.81 | 48.35 | 48.85 | 47.96 | 0.541 times |
| 08 Thu Aug 2024 | 48.58 | 47.13 | 48.83 | 47.13 | 0.749 times |
| 07 Wed Aug 2024 | 46.54 | 47.91 | 48.43 | 46.52 | 0.989 times |
| 06 Tue Aug 2024 | 46.71 | 45.95 | 47.70 | 45.63 | 1.052 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.4, but if it comes below 52.4, then a intra day sell could be more profitable.
If you take a sell trade below 52.4, then use 52.4 as stoploss and 50.07 as target. However if you take a buy trade in stock , then use 52.4 as stoploss and 55.3 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 | 47.95 |
| Downside Target | 51.41 |
| Downside Target | 53.40 |
| Downside Target | 53.58 |
| Downside Target | 53.62 |
| Upside Target | 53.97 |
| Upside Target | 54.74 |
Intraday share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Intraday Target | 53.57 |
| Downside Intraday Target | 53.2 |
| Upside Intraday Target | 54.14 |
| Upside Intraday Target | 54.34 |
| Downside Intraday Target | 53.77 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 53.94 | 53.83 | 53.97 | 53.40 | 0.088 times |
| 16 Fri Aug 2024 | 53.80 | 49.01 | 54.74 | 48.36 | 1.285 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 |
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 |
| 19 Mon Aug 2024 | 53.94 | 52.75 | 54.74 | 44.89 | 0.706 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 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 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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Ciena Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 50.68 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 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 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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Ciena Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 50.68 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.