Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CIEN
The long-term trend has been UP since Jul 31st, 2024 at 53.58
The intermediate-term trend has been UP since Nov 7th, 2024 at 68.93
The short-term trend has been DOWN since Nov 14th, 2024 at 69.94
Smart Scan Analysis for CIEN
Based on our trend formula, CIEN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 66.13 | 67.51 | 65.62 | 67.17 | +0.59 |
| Prev. Close | Volume | Bid | Ask | Time |
| 67.10 | 837104 | 2024-11-19 15:59:36 |
| Year High | 35.04 | Year High Date | 2018-11-08 |
| Year Low | 20.71 | Year Low Date | 2018-02-06 |
| 52wk High | 73.47 | 52wk High Date | 2024-11-11 |
| 52wk Low | 42.2 | 52wk Low Date | 2023-12-18 |
| Average Volume | 1,592,687 | Shares Outstanding | 144,427 |
| Market Cap | 6,270M | Assets | 557,513,000M |
| Liabilities | 268,425,800M | P/E Ratio | 70.8298 |
| Volatility | 36.74 |