CIENA CORP (CIEN)
US1717793095 - Common Stock
Overall CIEN gets a technical rating of 0 out of 10. CIEN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
78% of all other stocks performed better in the past year than CIEN.
CIEN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CIEN is lagging the market.
In the last month CIEN has a been trading in the 43.40 - 51.67 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CIEN has an average volume of 2182120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CIEN is an average performer in the Communications Equipment industry, it outperforms 52% of 54 stocks in the same industry.
The technical rating of CIEN is bad and it also does not present a quality setup 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
40.02
48.23
When analyzing the support we notice one important area.
- A support zone ranging from 40.42 to 41.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 47.70 to 47.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.81
Mansfield-1.35
10 Day High48.03
10 Day Low43.4
20 Day High51.67
20 Day Low43.4
52 Week High63.24
52 Week Low39.94
Performance
1 Week-7.07%
2 Weeks-8.07%
1 Month-12.84%
3 Month-16.64%
6 Month5.12%
12 Month-6.65%
2 Year-20.66%
3 Year-13.28%
5 Year14.1%
10 Year121.4%
15 Year266.28%
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)-0.24
RSI(14)27.13
LBB43.4
UBB50.05
CIENA CORP
NYSE:CIEN (4/19/2024, 9:46:04 AM)
44
+0.23 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.53%
1 Week-7.07%
2 Weeks-8.07%
1 Month-12.84%
3 Month-16.64%
6 Month5.12%
12 Month-6.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.92
ATR(20)%2.32%
ATR Inc
Range Today0.59
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 High48.03
10 Day Low43.4
20 Day High51.67
20 Day Low43.4
52 Week High63.24
52 Week Low39.94
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume355.50K
Volume Incr6.51%
Vol(5)1.73M
Vol(50)2.18M