CIENA CORP (CIEN) Stock Technical Analysis
NYSE:CIEN - US1717793095 - Common Stock
90.12 USD
+2.76 (+3.16%)
We assign a technical rating of 9 out of 10 to CIEN. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still 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 88% of all stocks. On top of that, CIEN also shows a nice and consistent pattern of rising prices.
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.
CIEN has an average volume of 1944180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
CIEN is part of the Communications Equipment industry. There are 48 other stocks in this industry, CIEN did better than 65% of them.
In the last month CIEN has a been trading in the 84.41 - 98.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, CIEN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 87.35, a Stop Loss order could be placed below this zone.
More info and screens
56.91
99.16
We found 2 important support areas.
- A support zone ranging from 86.64 to 87.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.48 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @96.62 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 98.18 to 98.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for CIEN is down. |
| ChartMill Relative Strength | 88.51 | POSITIVE | CIEN has a high relative strength, it outperformed 88.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CIEN is below 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) | 45.98 | NEUTRAL | The RSI value for CIEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.22 | NEGATIVE | The MACD value suggests CIEN has a negative trend. |
| Stochastics (14,3) | 17.03 | OVERSOLD | The low Stochastics value suggests CIEN may be oversold. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for CIEN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.52 | NEUTRAL | The ADX value for CIEN suggests a possible start of a new trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 91.66 | 86.63 | 5.03 (5.49%) | 18.23% |
| An entry @91.66. This is a Buy Stop order right above the 10 day moving average. | An exit @86.63. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.03 points, which is 5.49%. | When investing 18.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:CIEN (8/22/2025, 12:00:09 PM)
90.12
+2.76 (+3.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg3.16%
1 Week-4.44%
2 Weeks-8.22%
1 Month0.19%
3 Month8.9%
6 Month3.9%
12 Month54.51%
2 Year74.79%
3 Year72.17%
5 Year53.88%
10 Year290.7%
15 Year599.44%
Volatility
ATR(14)3.08
ATR(20)%3.48%
ATR Inc-7.67%
Range Today3.2
ADR(20)2.77
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.51
Mansfield0.84
10 Day High98.19
10 Day Low84.41
20 Day High98.19
20 Day Low84.41
52 Week High101.44
52 Week Low49.21
CS1 End87.35
CR1 Start96.62
Volume & EV
DER(3)0.12%
DER(5)2.17%
Volume773.03K
Volume Incr-7.05%
Vol(5)1.51M
Vol(50)1.94M