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Stock Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

Ciena Corporation (NYSE:CIEN)

Crossroads (+60) - CIEN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
53.330 53.710 52.505 52.670 -0.790
Entry Signal

MarketClub’s Trade Triangles for CIEN

long term down The long-term trend has been DOWN since Sep 20th, 2021 at 52.5000

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 53.1771

short term up The short-term trend has been UP since Oct 14th, 2021 at 52.9774

Smart Scan Analysis for CIEN

Based on our trend formula, CIEN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CIEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.330 53.710 52.505 52.670 -0.790
Prev. Close Volume Bid Ask Time
52.670 555858 2021-10-22 15:59:49
Year High35.04Year High Date2018-11-08
Year Low20.71Year Low Date2018-02-06
52wk High61.0952wk High Date2021-06-08
52wk Low38.0352wk Low Date2020-10-29
Average Volume727,911Shares Outstanding154,929
Market Cap6,270MAssets465,586,800M
Liabilities173,163,200MP/E Ratio18.122
Volatility36.74
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