
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.
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MarketClub’s Trade Triangles for CIEN
The long-term trend has been DOWN since Apr 25th, 2023 at 45.83
The intermediate-term trend has been UP since May 26th, 2023 at 46.64
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).

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 High | 35.04 | Year High Date | 2018-11-08 |
Year Low | 20.71 | Year Low Date | 2018-02-06 |
52wk High | 56.38 | 52wk High Date | 2022-08-18 |
52wk Low | 38.33 | 52wk Low Date | 2022-10-13 |
Average Volume | 1,488,095 | Shares Outstanding | 148,415 |
Market Cap | 6,270M | Assets | 567,249,700M |
Liabilities | 283,420,200M | P/E Ratio | 39.6612 |
Volatility | 36.74 |