(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 2024-10-08 View latest technical analysis
10 day averaged volume of Ciena Corporation is 2315420
Date | Daily Closing Price | Open | High | Low | Volume |
08 Tue Oct 2024 | 65.25 | 64.18 | 65.57 | 63.83 | 0.673 times |
07 Mon Oct 2024 | 63.59 | 64.49 | 65.62 | 63.29 | 1.214 times |
04 Fri Oct 2024 | 66.69 | 66.30 | 66.78 | 65.79 | 0.911 times |
03 Thu Oct 2024 | 65.25 | 65.49 | 66.35 | 64.91 | 1.413 times |
02 Wed Oct 2024 | 66.02 | 62.50 | 66.30 | 62.20 | 1.951 times |
01 Tue Oct 2024 | 61.45 | 61.49 | 61.59 | 59.60 | 0.747 times |
30 Mon Sep 2024 | 61.59 | 61.35 | 61.93 | 60.74 | 0.505 times |
27 Fri Sep 2024 | 61.81 | 62.51 | 62.82 | 61.34 | 0.815 times |
26 Thu Sep 2024 | 62.46 | 61.88 | 63.06 | 61.81 | 0.91 times |
25 Wed Sep 2024 | 61.42 | 60.50 | 61.58 | 60.40 | 0.625 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 64.3, but if it comes below 64.3, then a intra day sell could be more profitable.
If you take a sell trade below 64.3, then use 64.3 as stoploss and 60.38 as target. However if you take a buy trade in stock , then use 64.3 as stoploss and 68.9 as target.
Share price targets for Ciena Corporation (CIEN)
Target Type | Value |
Downside Target | 44.69 |
Downside Target | 46.25 |
Downside Target | 50.67 |
Downside Target | 53.58 |
Downside Target | 55.63 |
Downside Target | 58.19 |
Downside Target | 60.00 |
Downside Target | 63.06 |
Downside Target | 63.29 |
Upside Target | 65.62 |
Upside Target | 66.78 |
Intraday share price targets for Ciena Corporation (CIEN)
Target Type | Value |
Downside Intraday Target | 63.82 |
Downside Intraday Target | 62.39 |
Upside Intraday Target | 66.15 |
Upside Intraday Target | 67.05 |
Downside Intraday Target | 64.72 |
Weekly technical analysis of Ciena Corporation (CIEN)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Tue Oct 2024 | 65.25 | 64.49 | 65.62 | 63.29 | 0.341 times |
04 Fri Oct 2024 | 66.69 | 61.35 | 66.78 | 59.60 | 1.166 times |
27 Fri Sep 2024 | 61.81 | 60.40 | 63.06 | 60.00 | 1.01 times |
20 Fri Sep 2024 | 58.73 | 56.24 | 58.99 | 55.63 | 1.383 times |
13 Fri Sep 2024 | 56.17 | 51.50 | 56.20 | 51.25 | 0.512 times |
Price has moved down 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 |
08 Tue Oct 2024 | 65.25 | 61.49 | 66.78 | 59.60 | 0.346 times |
30 Mon Sep 2024 | 61.59 | 57.84 | 63.06 | 50.67 | 1.385 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 |
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 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 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 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.
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 tired and bears are picking up momentum.
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 BUY signal in short term and the buying is gaining 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 64.06 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.
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 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 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.
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 tired and bears are picking up momentum.
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 BUY signal in short term and the buying is gaining 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 64.06 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.