(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.
10 day averaged volume of Ciena Corporation is 1529330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 43.56 | 43.79 | 44.03 | 43.32 | 0.8 times |
| 18 Thu Apr 2024 | 43.77 | 44.26 | 44.62 | 43.40 | 0.981 times |
| 17 Wed Apr 2024 | 44.80 | 45.15 | 45.15 | 44.69 | 0.863 times |
| 16 Tue Apr 2024 | 45.03 | 44.62 | 45.06 | 44.20 | 1.135 times |
| 15 Mon Apr 2024 | 44.33 | 45.74 | 45.84 | 44.27 | 1.289 times |
| 12 Fri Apr 2024 | 45.60 | 45.28 | 46.42 | 45.26 | 1.387 times |
| 11 Thu Apr 2024 | 47.10 | 47.51 | 47.51 | 46.78 | 0.992 times |
| 10 Wed Apr 2024 | 46.74 | 47.03 | 47.30 | 46.73 | 0.875 times |
| 09 Tue Apr 2024 | 47.69 | 47.50 | 47.85 | 47.41 | 0.899 times |
| 08 Mon Apr 2024 | 47.50 | 47.94 | 48.03 | 47.44 | 0.713 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 45.2, but if it comes above 45.2, then a intra day buy could be more profitable.
If you take a sell trade below 45.2, then use 45.2 as stoploss and 42.6 as target. However if you take a buy trade in stock , then use 45.2 as stoploss and 47.4 as target.
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 42.20 |
| Downside Target | 43.32 |
| Upside Target | 44.22 |
| Upside Target | 45.26 |
| Upside Target | 47.52 |
| Upside Target | 49.80 |
| Upside Target | 51.34 |
| Upside Target | 51.67 |
| Upside Target | 53.17 |
| Upside Target | 53.84 |
| Upside Target | 57.73 |
| Upside Target | 63.24 |
Intraday share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Intraday Target | 42.64 |
| Downside Intraday Target | 41.72 |
| Upside Intraday Target | 45.16 |
| Upside Intraday Target | 46.76 |
| Upside Intraday Target | 44.24 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 43.56 | 45.74 | 45.84 | 43.32 | 1.042 times |
| 12 Fri Apr 2024 | 45.60 | 47.94 | 48.03 | 45.26 | 0.992 times |
| 05 Fri Apr 2024 | 47.59 | 49.61 | 49.80 | 47.52 | 1.346 times |
| 28 Thu Mar 2024 | 49.45 | 50.72 | 51.67 | 49.37 | 0.708 times |
| 22 Fri Mar 2024 | 50.93 | 50.02 | 51.34 | 49.04 | 0.529 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 |
| 19 Fri Apr 2024 | 43.56 | 49.61 | 49.80 | 43.32 | 0.382 times |
| 28 Thu Mar 2024 | 49.45 | 57.14 | 63.24 | 49.04 | 1.628 times |
| 29 Thu Feb 2024 | 56.98 | 53.94 | 57.73 | 53.17 | 0.98 times |
| 31 Wed Jan 2024 | 53.00 | 44.53 | 53.84 | 44.22 | 0.801 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ciena Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Ciena Corporation in short term and the sell signal is strong.
Ciena Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 45.53 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 negative.
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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ciena Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Ciena Corporation in short term and the sell signal is strong.
Ciena Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 45.53 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.