(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 2024-09-11 View latest technical analysis
10 day averaged volume of Ciena Corporation is 2792539
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed Sep 2024 | 53.30 | 52.47 | 53.38 | 51.85 | 0.534 times |
| 10 Tue Sep 2024 | 52.81 | 51.42 | 53.52 | 51.42 | 0.743 times |
| 09 Mon Sep 2024 | 51.47 | 51.50 | 52.17 | 51.25 | 0.554 times |
| 06 Fri Sep 2024 | 51.16 | 52.46 | 53.21 | 50.67 | 0.874 times |
| 05 Thu Sep 2024 | 52.43 | 54.01 | 55.32 | 52.06 | 1.16 times |
| 04 Wed Sep 2024 | 54.93 | 58.20 | 59.24 | 54.62 | 1.716 times |
| 03 Tue Sep 2024 | 55.35 | 57.84 | 58.25 | 55.20 | 1.745 times |
| 30 Fri Aug 2024 | 57.65 | 57.15 | 58.05 | 56.00 | 1.063 times |
| 30 Fri Aug 2024 | 57.65 | 57.15 | 58.05 | 56.00 | 1.063 times |
| 29 Thu Aug 2024 | 56.74 | 57.29 | 58.19 | 56.72 | 0.512 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 52.9 as stoploss in an intra day buy trade for a target of 54.83. However, stock will show a bearish move below 52.9.
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 44.69 |
| Downside Target | 46.04 |
| Downside Target | 50.25 |
| Upside Target | 53.40 |
| Upside Target | 55.80 |
| Upside Target | 56.00 |
| 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 | 51.86 |
| Downside Intraday Target | 50.42 |
| Upside Intraday Target | 54.13 |
| Upside Intraday Target | 54.96 |
| Downside Intraday Target | 52.69 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed Sep 2024 | 53.30 | 51.50 | 53.52 | 51.25 | 0.333 times |
| 06 Fri Sep 2024 | 51.16 | 57.84 | 59.24 | 50.67 | 5.17 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 |
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 |
| 11 Wed Sep 2024 | 53.30 | 57.84 | 59.24 | 50.67 | 0.613 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 to mid 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 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 Weak and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Ciena Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 54.62 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 to mid 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 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 Weak and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Ciena Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 54.62 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.