(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 2024-09-05 View latest technical analysis
10 day averaged volume of Ciena Corporation is 2351145
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 52.43 | 54.01 | 55.32 | 52.06 | 1.377 times |
| 04 Wed Sep 2024 | 54.93 | 58.20 | 59.24 | 54.62 | 2.038 times |
| 03 Tue Sep 2024 | 55.35 | 57.84 | 58.25 | 55.20 | 2.072 times |
| 30 Fri Aug 2024 | 57.65 | 57.15 | 58.05 | 56.00 | 1.262 times |
| 30 Fri Aug 2024 | 57.65 | 57.15 | 58.05 | 56.00 | 1.262 times |
| 29 Thu Aug 2024 | 56.74 | 57.29 | 58.19 | 56.72 | 0.608 times |
| 28 Wed Aug 2024 | 57.00 | 57.05 | 57.51 | 56.14 | 0.679 times |
| 27 Tue Aug 2024 | 57.02 | 56.32 | 57.15 | 55.80 | 0.494 times |
| 26 Mon Aug 2024 | 56.79 | 57.50 | 57.50 | 56.60 | 0.717 times |
| 23 Fri Aug 2024 | 56.54 | 55.04 | 56.72 | 54.62 | 0.558 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 51.4 as stoploss in an intra day buy trade for a target of 54.24. However, stock will show a bearish move below 51.4.
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 | 52.06 |
| Upside Target | 53.40 |
| Upside Target | 54.74 |
| Upside Target | 56.72 |
| Upside Target | 58.05 |
| Upside Target | 58.19 |
| Upside Target | 59.24 |
Intraday share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Intraday Target | 49.91 |
| Downside Intraday Target | 47.4 |
| Upside Intraday Target | 57.09 |
| Upside Intraday Target | 61.76 |
| Upside Intraday Target | 54.58 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 52.43 | 57.84 | 59.24 | 52.06 | 4.348 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 |
| 05 Thu Sep 2024 | 52.43 | 57.84 | 59.24 | 52.06 | 0.387 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak 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 coming down
CCI has generated a SELL signal for Ciena Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 55.84 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 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak 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 coming down
CCI has generated a SELL signal for Ciena Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 55.84 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.