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Stock Trend Analysis Report

Prepared for you on Tuesday, September 28, 2021.

Ciena Corporation (NYSE:CIEN)

Countertrend Down (-85) - CIEN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
52.010 52.790 51.940 52.555 +0.535
Entry Signal

MarketClub’s Trade Triangles for CIEN

long term down The long-term trend has been DOWN since Sep 20th, 2021 at 52.500

intermediate term down The intermediate-term trend has been DOWN since Sep 10th, 2021 at 54.263

short term up The short-term trend has been UP since Sep 24th, 2021 at 52.050

Smart Scan Analysis for CIEN

Based on our trend formula, CIEN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CIEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.010 52.790 51.940 52.555 +0.535
Prev. Close Volume Bid Ask Time
52.540 632703 2021-09-27 15:59:48
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 Volume1,460,522Shares Outstanding154,929
Market Cap6,270MAssets465,586,800M
Liabilities173,163,200MP/E Ratio17.6339
Volatility36.74
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