(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 2024-10-31 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1688120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 63.51 | 64.25 | 64.91 | 63.46 | 0.729 times |
| 30 Wed Oct 2024 | 64.63 | 65.28 | 65.56 | 64.17 | 0.82 times |
| 29 Tue Oct 2024 | 65.32 | 64.25 | 66.24 | 63.60 | 1.013 times |
| 28 Mon Oct 2024 | 64.09 | 63.41 | 64.83 | 63.17 | 1.103 times |
| 25 Fri Oct 2024 | 64.12 | 66.08 | 66.16 | 64.03 | 1.222 times |
| 24 Thu Oct 2024 | 66.06 | 66.39 | 67.17 | 65.47 | 0.684 times |
| 23 Wed Oct 2024 | 66.25 | 65.95 | 66.83 | 65.65 | 0.863 times |
| 22 Tue Oct 2024 | 66.15 | 65.68 | 66.62 | 65.61 | 0.832 times |
| 21 Mon Oct 2024 | 66.56 | 66.00 | 66.75 | 65.55 | 1.156 times |
| 18 Fri Oct 2024 | 65.33 | 66.61 | 66.91 | 65.28 | 1.323 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 64.5, but if it comes above 64.5, then a intra day buy could be more profitable.
If you take a sell trade below 64.5, then use 64.5 as stoploss and 62.8 as target. However if you take a buy trade in stock , then use 64.5 as stoploss and 65.93 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 | 58.19 |
| Downside Target | 59.60 |
| Downside Target | 63.06 |
| Upside Target | 66.24 |
| Upside Target | 66.78 |
| Upside Target | 67.17 |
| Upside Target | 68.93 |
| Upside Target | 69.91 |
Intraday share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Intraday Target | 62.37 |
| Downside Intraday Target | 61.24 |
| Upside Intraday Target | 65.44 |
| Upside Intraday Target | 67.38 |
| Upside Intraday Target | 64.31 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 63.51 | 63.41 | 66.24 | 63.17 | 0.77 times |
| 25 Fri Oct 2024 | 64.12 | 66.00 | 67.17 | 64.03 | 0.943 times |
| 18 Fri Oct 2024 | 65.33 | 68.87 | 68.93 | 65.28 | 0.649 times |
| 11 Fri Oct 2024 | 68.47 | 64.49 | 69.91 | 63.29 | 1.025 times |
| 04 Fri Oct 2024 | 66.69 | 61.35 | 66.78 | 59.60 | 1.166 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 |
| 31 Thu Oct 2024 | 63.51 | 61.49 | 69.91 | 59.60 | 1.027 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term but buying 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 65.19 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term but buying 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 65.19 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.