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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Ciena Corporation (NYSE:CIEN)

Weak Downtrend (-65) - CIEN is showing signs of a strengthening downtrend. Monitor CIEN as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CIEN?

MarketClub looks at technical strength and momentum to determine if the timing is right for CIEN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_CIEN
Open High Low CIEN Price Change
50.39 50.46 49.37 49.44 -1.05
Entry Signal

MarketClub’s Trade Triangles for CIEN

long term up The long-term trend has been UP since Jan 10th, 2024 at 48.360

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2024 at 53.170

short term down The short-term trend has been DOWN since Mar 26th, 2024 at 49.705

Smart Scan Analysis for CIEN

Based on our trend formula, CIEN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CIEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.39 50.46 49.37 49.44 -1.05
Prev. Close Volume Bid Ask Time
50.49 1225934 2024-03-28 15:59:59
Year High35.04Year High Date2018-11-08
Year Low20.71Year Low Date2018-02-06
52wk High63.2452wk High Date2024-03-04
52wk Low39.9452wk Low Date2023-10-26
Average Volume3,029,030Shares Outstanding144,603
Market Cap6,270MAssets559,321,000M
Liabilities266,971,100MP/E Ratio32.7857
Volatility36.74
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