Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-16 View latest technical analysis

10 day averaged volume of Ciena Corporation is 2616444

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	56.30	56.24	56.66	55.63	0.743 times
13 Fri Sep 2024	56.17	54.88	56.20	54.88	0.539 times
12 Thu Sep 2024	54.53	53.50	54.70	53.15	0.509 times
11 Wed Sep 2024	53.30	52.47	53.38	51.85	0.57 times
10 Tue Sep 2024	52.81	51.42	53.52	51.42	0.793 times
09 Mon Sep 2024	51.47	51.50	52.17	51.25	0.591 times
06 Fri Sep 2024	51.16	52.46	53.21	50.67	0.933 times
05 Thu Sep 2024	52.43	54.01	55.32	52.06	1.238 times
04 Wed Sep 2024	54.93	58.20	59.24	54.62	1.831 times
03 Tue Sep 2024	55.35	57.84	58.25	55.20	1.862 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 57 as stoploss in an intra day sell trade for a target of 55.08. However, stock will show a bullish move above 57.

Share price targets for Ciena Corporation (CIEN)

Target Type	Value
Downside Target	44.69
Downside Target	46.04
Downside Target	50.25
Downside Target	53.58
Downside Target	55.63
Downside Target	56.20
Upside Target	56.66
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	55.73
Downside Intraday Target	55.17
Upside Intraday Target	56.76
Upside Intraday Target	57.23
Downside Intraday Target	56.2

Weekly technical analysis of Ciena Corporation (CIEN)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	56.30	56.24	56.66	55.63	0.248 times
13 Fri Sep 2024	56.17	51.50	56.20	51.25	0.512 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

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
16 Mon Sep 2024	56.30	57.84	59.24	50.67	0.754 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Ciena Corporation in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 buy signal for Ciena Corporation in short term and BUY signal is strong.

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 53.99 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 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.