(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 2024-03-28 View latest technical analysis
10 day averaged volume of Ciena Corporation is 1817630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Thu Mar 2024 | 49.45 | 50.39 | 50.46 | 49.37 | 0.814 times |
| 27 Wed Mar 2024 | 50.49 | 49.94 | 50.56 | 49.74 | 0.713 times |
| 26 Tue Mar 2024 | 49.52 | 50.03 | 50.37 | 49.50 | 0.766 times |
| 25 Mon Mar 2024 | 49.81 | 50.72 | 51.67 | 49.77 | 0.771 times |
| 22 Fri Mar 2024 | 50.93 | 50.33 | 51.05 | 49.71 | 1.018 times |
| 21 Thu Mar 2024 | 50.69 | 50.82 | 51.34 | 50.26 | 0.769 times |
| 20 Wed Mar 2024 | 50.22 | 49.74 | 50.62 | 49.54 | 0.745 times |
| 19 Tue Mar 2024 | 49.74 | 49.07 | 50.22 | 49.04 | 0.775 times |
| 18 Mon Mar 2024 | 49.50 | 50.02 | 50.14 | 49.45 | 1.022 times |
| 15 Fri Mar 2024 | 50.02 | 50.19 | 50.53 | 49.18 | 2.385 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 48.4 as stoploss in an intra day buy trade for a target of 52.94. However, stock will show a bearish move below 48.4.
Share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Target | 41.83 |
| Downside Target | 44.22 |
| Downside Target | 46.66 |
| Downside Target | 48.36 |
| Upside Target | 51.25 |
| Upside Target | 53.17 |
| Upside Target | 53.84 |
| Upside Target | 54.14 |
| Upside Target | 54.66 |
| Upside Target | 57.73 |
| Upside Target | 61.01 |
| Upside Target | 63.24 |
Intraday share price targets for Ciena Corporation (CIEN)
| Target Type | Value |
| Downside Intraday Target | 48.66 |
| Downside Intraday Target | 47.86 |
| Upside Intraday Target | 50.96 |
| Upside Intraday Target | 52.46 |
| Upside Intraday Target | 50.16 |
Weekly technical analysis of Ciena Corporation (CIEN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 15 Fri Mar 2024 | 50.02 | 54.03 | 54.14 | 49.18 | 0.543 times |
| 08 Fri Mar 2024 | 54.28 | 62.00 | 63.24 | 51.25 | 2.467 times |
| 01 Fri Mar 2024 | 60.84 | 55.37 | 61.01 | 54.66 | 1.511 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 |
| 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 |
| 29 Fri Dec 2023 | 45.01 | 45.71 | 48.36 | 42.20 | 2.142 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 50.04 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 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 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 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 50.04 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.