USA • New York Stock Exchange • NYSE:CIEN • US1717793095
Taking everything into account, CIEN scores 8 out of 10 in our technical rating. 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.
Besides having an excellent technical rating, CIEN also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
221.43
We found 2 important support areas.
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 | NEUTRAL | NEUTRAL | The short term trend for CIEN is neutral. |
| ChartMill Relative Strength | 97.76 | POSITIVE | CIEN has a high relative strength, it outperformed 97.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CIEN is above a declining 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) | 54.52 | NEUTRAL | The RSI value for CIEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests CIEN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.37 | NEUTRAL | The Stochastics value for CIEN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.31 | HIGH VOLATILITY | The high ATR as a percentage value for CIEN suggests high volalility. |
| Average Directional Index/ADX (14) | 13.93 | NEGATIVE | The low ADX value for CIEN suggests a weak or negative trend. |
252.98
-0.52 (-0.21%)
ChartMill assigns a technical rating of 8 / 10 to CIEN.
The current trend direction for CIENA CORP (CIEN) is Bullish.
CIENA CORP (CIEN) has an RSI value of 54.524. This indicates that the stock is currently neutral.
The short term momentum for CIENA CORP (CIEN) is neutral.