CIENA CORP (CIEN) Technical Analysis
NYSE:CIEN • US1717793095
Current stock price
507.43 USD
+12.26 (+2.48%)
At close:
506.16 USD
-1.27 (-0.25%)
After Hours:
CIEN Technical Rating and Analysis
Overall CIEN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CIEN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CIEN did better than 99% 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 one of the better performing stocks in the Communications Equipment industry, it outperforms 91% of 47 stocks in the same industry.
- CIEN is currently making a new 52 week high. This is a strong signal. 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 361.70 - 513.83 range, which is quite wide. It is currently trading near the high of this range.
- CIEN has an average volume of 3701270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CIEN Weekly and Daily overview Charts
CIEN Setup Rating and Analysis
CIEN has an excellent technical rating, but the quality of the setup is only medium 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
CIEN Support and Resistance Analysis
285.13
512.50
4 important support areas can be observed.
- Support @467.18 from a horizontal line in the daily time frame.
- Support @422.55 from a trend line in the daily time frame.
- Support @359.20 from a trend line in the daily time frame.
- Support @288.01 from a trend line in the weekly time frame.
CIEN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CIEN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CIEN is up. |
| ChartMill Relative Strength | 99.43 | POSITIVE | CIEN has a high relative strength, it outperformed 99.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CIEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CIEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CIEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.09 | NEUTRAL | The RSI value for CIEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.51 | POSITIVE | The MACD value suggests CIEN has a positive trend. |
| Stochastics (14,3) | 86.29 | OVERBOUGHT | The high Stochastics value suggests CIEN may be overbought. |
| Average True Range in percent/ATR (20) | 6.64 | HIGH VOLATILITY | The high ATR as a percentage value for CIEN suggests high volalility. |
| Average Directional Index/ADX (14) | 29.53 | POSITIVE | The high ADX value value for CIEN suggests a strong trend. |
CIEN Chart- and CandleStick Pattern Analysis
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)
CIEN Technicals: Chart, Performance Metrics, Trend & Indicators
507.43
+12.26 (+2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg2.48%
1 Week2.3%
2 Weeks13.33%
1 Month22.99%
3 Month108.46%
6 Month196.83%
12 Month743.75%
2 Year997.62%
3 Year1002.15%
5 Year905.41%
10 Year2915.03%
15 Year1696.85%
Volatility
ATR(14)34.04
ATR(20)%6.64%
ATR Inc-26.87%
Range Today18.66
ADR(20)30.74
ADR(20)%6.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.43
3 months CRS99.23
6 months CRS99.25
Mansfield14.88
10 Day High513.83
10 Day Low421.3
20 Day High513.83
20 Day Low361.7
52 Week High513.83
52 Week Low56.94
CS1 End467.18
CR1 StartN/A
Volume & EV
DER(3)1.98%
DER(5)1.43%
Volume1.93M
Volume Incr-16.47%
Vol(5)2.75M
Vol(50)3.70M
CIENA CORP / CIEN TA FAQ
Can you provide the ChartMill technical rating for CIENA CORP?
ChartMill assigns a technical rating of 10 / 10 to CIEN.
Can you provide the trend direction for CIENA CORP?
The current trend direction for CIENA CORP (CIEN) is Bullish.
What is the RSI signal for CIENA CORP (CIEN) stock?
CIENA CORP (CIEN) has an RSI value of 67.0931. This indicates that the stock is currently neutral.
What is the MACD signal for CIEN stock?
The MACD indicator for CIENA CORP (CIEN) has a value of 2.51266, indicating a bullish trend.
What is the short term momentum for CIENA CORP (CIEN) stock?
The short term momentum for CIENA CORP (CIEN) is positive.