(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 2024-09-03 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1566092
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 55.35 | 57.84 | 58.25 | 55.20 | 3.111 times |
| 30 Fri Aug 2024 | 57.65 | 57.15 | 58.05 | 56.00 | 1.895 times |
| 30 Fri Aug 2024 | 57.65 | 57.15 | 58.05 | 56.00 | 1.895 times |
| 29 Thu Aug 2024 | 56.74 | 57.29 | 58.19 | 56.72 | 0.912 times |
| 28 Wed Aug 2024 | 57.00 | 57.05 | 57.51 | 56.14 | 1.019 times |
| 27 Tue Aug 2024 | 57.02 | 56.32 | 57.15 | 55.80 | 0.741 times |
| 26 Mon Aug 2024 | 56.79 | 57.50 | 57.50 | 56.60 | 1.076 times |
| 23 Fri Aug 2024 | 56.54 | 55.04 | 56.72 | 54.62 | 0.838 times |
| 22 Thu Aug 2024 | 54.30 | 54.91 | 55.42 | 54.26 | 0.465 times |
| 21 Wed Aug 2024 | 54.80 | 54.61 | 55.47 | 54.40 | 0.562 times |
Stock of Ciena Corporation (CIEN) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 57.1 or till 61.3. Use a stoploss of 53.63 and if this stock hits its stoploss, then it can fall down till 50.14
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 44.69 |
| Downside Target | 46.04 |
| Downside Target | 48.36 |
| Downside Target | 50.25 |
| Downside Target | 53.40 |
| Downside Target | 54.74 |
| Upside Target | 56.00 |
| Upside Target | 56.72 |
| Upside Target | 58.05 |
| Upside Target | 58.19 |
| Upside Target | 58.25 |
Intraday share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Intraday Target | 54.28 |
| Downside Intraday Target | 53.22 |
| Upside Intraday Target | 57.33 |
| Upside Intraday Target | 59.32 |
| Upside Intraday Target | 56.27 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 55.35 | 57.84 | 58.25 | 55.20 | 1.642 times |
| 30 Fri Aug 2024 | 57.65 | 57.15 | 58.05 | 56.00 | 0.336 times |
| 30 Fri Aug 2024 | 57.65 | 57.50 | 58.19 | 55.80 | 1.948 times |
| 23 Fri Aug 2024 | 56.54 | 53.83 | 56.72 | 53.40 | 0.585 times |
| 16 Fri Aug 2024 | 53.80 | 49.01 | 54.74 | 48.36 | 1.285 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ciena Corporation (CIEN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 55.35 | 57.84 | 58.25 | 55.20 | 0.146 times |
| 30 Fri Aug 2024 | 57.65 | 52.75 | 58.19 | 44.89 | 1.331 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 |
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ciena Corporation ( (CIEN) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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.
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 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 and SELL signal is strong!
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 56.52 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ciena Corporation ( (CIEN) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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.
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 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 and SELL signal is strong!
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 56.52 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 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.