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Stock Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
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.
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MarketClub’s Trade Triangles for CIEN
The long-term trend has been DOWN since Apr 16th, 2024 at 44.22
The intermediate-term trend has been UP since May 3rd, 2024 at 48.03
The short-term trend has been UP since Apr 23rd, 2024 at 44.62
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.220 | 48.570 | 47.625 | 47.775 | +0.265 |
| Prev. Close | Volume | Bid | Ask | Time |
| 47.770 | 922876 | 2024-05-03 15:59:49 |
| Year High | 35.04 | Year High Date | 2018-11-08 |
| Year Low | 20.71 | Year Low Date | 2018-02-06 |
| 52wk High | 63.24 | 52wk High Date | 2024-03-04 |
| 52wk Low | 39.94 | 52wk Low Date | 2023-10-26 |
| Average Volume | 1,551,587 | Shares Outstanding | 144,603 |
| Market Cap | 6,270M | Assets | 559,321,000M |
| Liabilities | 266,971,100M | P/E Ratio | 30.8507 |
| Volatility | 36.74 |