CIENA CORP (CIEN)
US1717793095 - Common Stock
Overall CIEN gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CIEN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CIEN did better than 95% of all other stocks. We also observe that the gains produced by CIEN over the past year are nicely spread over this period.
CIEN is part of the Communications Equipment industry. There are 51 other stocks in this industry. CIEN outperforms 86% of them.
CIEN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CIEN is lagging the market slightly.
In the last month CIEN has a been trading in the 65.98 - 91.82 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CIEN has an average volume of 2069780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CIEN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
46.65
84.76
When analyzing the support we can see 3 important areas.
- A support zone ranging from 71.37 to 72.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.65 from a trend line in the daily time frame.
- Support @47.12 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.74
Mansfield3.94
10 Day High91.82
10 Day Low70.6
20 Day High91.82
20 Day Low65.98
52 Week High91.82
52 Week Low43.3
Performance
1 Week14.63%
2 Weeks14.72%
1 Month25.07%
3 Month42.89%
6 Month73.21%
12 Month89.99%
2 Year64.61%
3 Year9.03%
5 Year96.58%
10 Year332.35%
15 Year674.17%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.53
RSI(14)64.16
LBB61.84
UBB92.99
CIENA CORP
NYSE:CIEN (12/18/2024, 5:05:00 PM)
After market: 83.8 -0.12 (-0.14%)83.92
-4.22 (-4.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-4.79%
1 Week14.63%
2 Weeks14.72%
1 Month25.07%
3 Month42.89%
6 Month73.21%
12 Month89.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.9
ATR(20)%3.96%
ATR Inc
Range Today6.63
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High91.82
10 Day Low70.6
20 Day High91.82
20 Day Low65.98
52 Week High91.82
52 Week Low43.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.71M
Volume Incr246.82%
Vol(5)5.44M
Vol(50)2.07M