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(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 2024-08-22 View latest technical analysis

10 day averaged volume of Ciena Corporation is 1203892

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	54.30	54.91	55.42	54.26	0.605 times
21 Wed Aug 2024	54.80	54.61	55.47	54.40	0.731 times
20 Tue Aug 2024	54.60	54.02	54.61	53.69	0.775 times
19 Mon Aug 2024	53.94	53.83	53.97	53.40	0.567 times
16 Fri Aug 2024	53.80	54.31	54.48	53.39	1.027 times
15 Thu Aug 2024	54.31	52.42	54.74	51.60	2.886 times
14 Wed Aug 2024	50.03	49.68	50.13	49.26	0.747 times
13 Tue Aug 2024	49.68	48.78	49.77	48.70	1.056 times
12 Mon Aug 2024	48.50	49.01	49.13	48.36	0.731 times
09 Fri Aug 2024	48.81	48.35	48.85	47.96	0.62 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.6, but if it comes below 53.6, then a intra day sell could be more profitable.
If you take a sell trade below 53.6, then use 53.6 as stoploss and 50.71 as target. However if you take a buy trade in stock , then use 53.6 as stoploss and 57 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	54.74
Upside Target	55.47

Intraday share price targets for Ciena Corporation (CIEN)

Target Type	Value
Downside Intraday Target	53.31
Downside Intraday Target	52.32
Upside Intraday Target	55.38
Upside Intraday Target	56.46
Upside Intraday Target	54.39

Weekly technical analysis of Ciena Corporation (CIEN)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	54.30	53.83	55.47	53.40	0.416 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
22 Thu Aug 2024	54.30	52.75	55.47	44.89	0.807 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 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 52.68 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.