Technical Analysis for CIEN - Ciena Corp

Grade Last Price % Change Price Change
D 42.5300 -1.73% -0.7500
CIEN closed down 1.73 percent on Thursday, June 8, 2023, on 1.53 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Death Cross Bearish 0.00%
Calm After Storm Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Signal Line Cross Bearish -1.73%
Slingshot Bearish Bearish Swing Setup -1.73%
Calm After Storm Range Contraction -1.73%
Fell Below 20 DMA Bearish 0.33%
Fell Below 200 DMA Bearish 0.33%
Fell Below 50 DMA Bearish 0.33%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 3% about 15 hours ago
Down 1% about 15 hours ago
Down 2% about 15 hours ago
Slingshot Bearish Entry about 15 hours ago
Fell Below Previous Day's Low about 15 hours ago

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.


Ciena Corp Description

Ciena Corporation provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking solutions optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, CoreDirector Multiservice Optical Switches, and OTN configuration for the 5410 Reconfigurable Switching System, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system and platform software services, as well as manage, control, and plan software. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation has collaboration with Infoblox Inc. The company was founded in 1992 and is headquartered in Hanover, Maryland.


Sector: Technology
Industry: Communication Equipment
Keywords: Telecommunications Computing Computer Networking Computer Network Direct Sales Operating System Ethernet Configuration Itching Network Operators Software Services Global Service Communications Network Hanover Network Protocols Software Service System Software Virtualization Waves Communications Networks Network Function Virtualization Packet Switching Platform Software Software Features

Is CIEN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 56.38
52 Week Low 38.33
Average Volume 1,750,555
200-Day Moving Average 46.9426
50-Day Moving Average 46.8776
20-Day Moving Average 45.1370
10-Day Moving Average 45.8700
Average True Range 1.6284
RSI (14) 38.65
ADX 22.02
+DI 23.6573
-DI 35.7307
Chandelier Exit (Long, 3 ATRs) 44.6748
Chandelier Exit (Short, 3 ATRs) 46.3727
Upper Bollinger Bands 48.7726
Lower Bollinger Band 41.5014
Percent B (%b) 0.14
BandWidth 16.1092
MACD Line -0.4532
MACD Signal Line -0.2214
MACD Histogram -0.2318
Fundamentals Value
Market Cap 6.56 Billion
Num Shares 154 Million
EPS 2.41
Price-to-Earnings (P/E) Ratio 17.65
Price-to-Sales 1.88
Price-to-Book 2.81
PEG Ratio 0.77
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 44.4950
Resistance 3 (R3) 44.5167 43.8833 44.1675
Resistance 2 (R2) 43.8833 43.3829 43.8725 44.0582
Resistance 1 (R1) 43.2067 43.0738 42.8900 43.1850 43.9491
Pivot Point 42.5733 42.5733 42.4150 42.5625 42.5733
Support 1 (S1) 41.8967 42.0729 41.5800 41.8750 41.1109
Support 2 (S2) 41.2633 41.7638 41.2525 41.0018
Support 3 (S3) 40.5867 41.2633 40.8925
Support 4 (S4) 40.5650