CIENA CORP (CIEN) Stock Technical Analysis
NYSE:CIEN - New York Stock Exchange, Inc. - US1717793095 - Common Stock
Taking everything into account, CIEN scores 10 out of 10 in our technical rating. 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!
When comparing the yearly performance of all stocks, we notice that CIEN is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, CIEN also shows a nice and consistent pattern of rising prices.
CIEN is part of the Communications Equipment industry. There are 51 other stocks in this industry. CIEN outperforms 72% of them.
CIEN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CIEN has a been trading in the 80.24 - 89.22 range, which is quite wide. It is currently trading near the high of this range.
CIEN has an average volume of 2031260 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
47.14
89.57
We found 4 important support areas.
- A support zone ranging from 81.93 to 82.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 77.90 to 79.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.25 from a trend line in the daily time frame.
- Support @47.62 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
CRS92.88
Mansfield3.78
10 Day High88.88
10 Day Low80.24
20 Day High89.22
20 Day Low80.24
52 Week High91.82
52 Week Low43.3
Performance
1 Week7.83%
2 Weeks6.06%
1 Month5.67%
3 Month38.3%
6 Month76.79%
12 Month72.46%
2 Year70.47%
3 Year33.74%
5 Year118.05%
10 Year378.83%
15 Year595.53%
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)-0.25
RSI(14)65.09
LBB80.58
UBB87.49
CIENA CORP
NYSE:CIEN (1/21/2025, 8:04:00 PM)
After market: 89.47 +0.79 (+0.89%)88.68
+3.92 (+4.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg4.62%
1 Week7.83%
2 Weeks6.06%
1 Month5.67%
3 Month38.3%
6 Month76.79%
12 Month72.46%
2 Year70.47%
3 Year33.74%
5 Year118.05%
10 Year378.83%
15 Year595.53%
Volatility
ATR(14)2.61
ATR(20)%2.81%
ATR Inc21.05%
Range Today3.48
ADR(20)2.31
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.88
Mansfield3.78
10 Day High88.88
10 Day Low80.24
20 Day High89.22
20 Day Low80.24
52 Week High91.82
52 Week Low43.3
CS1 End82.25
CR1 StartN/A
Volume & EV
DER(3)1.74%
DER(5)2.37%
Volume2.32M
Volume Incr-35.59%
Vol(5)1.68M
Vol(50)2.03M