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Stock Trend Analysis Report

Prepared for you on Monday, May 29, 2023.

Ciena Corporation (NYSE:CIEN)

Bull Market Weakness (+75) - CIEN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CIEN as it may be in the beginning stages of a reversal.

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
45.42 48.36 45.42 47.97 +2.83
Entry Signal

MarketClub’s Trade Triangles for CIEN

long term down The long-term trend has been DOWN since Apr 25th, 2023 at 45.83

intermediate term up The intermediate-term trend has been UP since May 26th, 2023 at 46.64

short term up The short-term trend has been UP since May 26th, 2023 at 45.77

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
45.42 48.36 45.42 47.97 +2.83
Prev. Close Volume Bid Ask Time
47.99 2379541 2023-05-26 15:59:55
Year High35.04Year High Date2018-11-08
Year Low20.71Year Low Date2018-02-06
52wk High56.3852wk High Date2022-08-18
52wk Low38.3352wk Low Date2022-10-13
Average Volume1,488,095Shares Outstanding148,415
Market Cap6,270MAssets567,249,700M
Liabilities283,420,200MP/E Ratio39.6612
Volatility36.74
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