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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 2024-09-19 View latest technical analysis

10 day averaged volume of Ciena Corporation is 1845512

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	57.98	57.78	58.19	57.40	0.749 times
18 Wed Sep 2024	56.41	56.64	57.40	56.00	0.727 times
17 Tue Sep 2024	56.44	56.83	57.20	55.93	0.887 times
16 Mon Sep 2024	56.30	56.24	56.66	55.63	1.053 times
13 Fri Sep 2024	56.17	54.88	56.20	54.88	0.764 times
12 Thu Sep 2024	54.53	53.50	54.70	53.15	0.722 times
11 Wed Sep 2024	53.30	52.47	53.38	51.85	0.808 times
10 Tue Sep 2024	52.81	51.42	53.52	51.42	1.125 times
09 Mon Sep 2024	51.47	51.50	52.17	51.25	0.838 times
06 Fri Sep 2024	51.16	52.46	53.21	50.67	1.322 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 57.5, but if it comes below 57.5, then a intra day sell could be more profitable.
If you take a sell trade below 57.5, then use 57.5 as stoploss and 55.43 as target. However if you take a buy trade in stock , then use 57.5 as stoploss and 60 as target.

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	58.05
Upside Target	58.19
Upside Target	59.24

Intraday share price targets for Ciena Corporation (CIEN)

Target Type	Value
Downside Intraday Target	56.34
Downside Intraday Target	54.71
Upside Intraday Target	58.9
Upside Intraday Target	59.83
Downside Intraday Target	57.27

Weekly technical analysis of Ciena Corporation (CIEN)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	57.98	56.24	58.19	55.63	0.803 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
19 Thu Sep 2024	57.98	57.84	59.24	50.67	0.884 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 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 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 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 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 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 but selling 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 54.4 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.