Technical Analysis for CIEN - Ciena Corporation

Grade Last Price % Change Price Change
B 56.46 -0.30% -0.17
CIEN closed down 0.3 percent on Friday, April 9, 2021, on 55 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical CIEN trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Pocket Pivot Bullish Swing Setup -0.30%
Narrow Range Bar Range Contraction 0.82%
NR7 Range Contraction 0.82%
Stochastic Reached Overbought Strength 1.00%
Overbought Stochastic Strength 1.00%
Gapped Down Weakness 1.00%
NR7 Range Contraction -0.58%
Older End-of-Day Signals for CIEN ...

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Profile

Ciena Corporation Description

Ciena Corporation provides communications networking equipment, software, and services that support the transport, switching, aggregation, and management of voice, video, and data traffic worldwide. Its product portfolio consists of packet-optical transport that includes optical transport solutions to increase network capacity and enable delivery of a broader mix of high-bandwidth services; and packet-optical switching, which comprise optical switching platforms incorporating multiservice and multi-protocol switching systems that enable automated optical infrastructures for the delivery of various enterprise and consumer-oriented network services. The company also offers carrier Ethernet solutions, including service delivery switches and service aggregation switches to support the access and aggregation tiers of communications networks, as well as to support wireless backhaul infrastructures and business data services; and software solutions to track individual services across multiple product suites, facilitating planned network maintenance, outage detection, and identification of customers or services affected by network troubles. In addition, Ciena Corporation provides consulting and support services, such as project management, deployment, maintenance support, consulting, and training services, as well as network analysis, planning, design, optimization, modernization, and assurance. Its packet-optical transport, packet-optical switching, and carrier Ethernet solutions products are used individually or as part of an integrated solution in networks operated by communications service providers, cable operators, governments, enterprises, and other network operators. The company sells its communications networking solutions directly, as well as through strategic channel relationships. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.


Classification

Sector: Technology
Industry: Communication Equipment
Keywords: Telecommunications Computing Software Solutions Project Management Ethernet Computer Networking Computer Network Network Architecture Communications Network Network Operators Backhaul Communications Service Providers Communications Networks Fiber Optic Communications Cable Operator Networking Solutions Cable Operators Network Switch Wireless Backhaul Ethernet Solutions Overture Networks Transport Solutions

Is CIEN a Buy, Sell or Hold?

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

Indicators

Indicator Value
52 Week High 61.51
52 Week Low 38.03
Average Volume 1,286,691
200-Day Moving Average 50.50
50-Day Moving Average 54.24
20-Day Moving Average 55.49
10-Day Moving Average 55.83
Average True Range 1.43
ADX 15.1
+DI 29.71
-DI 23.22
Chandelier Exit (Long, 3 ATRs ) 53.27
Chandelier Exit (Short, 3 ATRs ) 54.59
Upper Bollinger Band 57.88
Lower Bollinger Band 53.10
Percent B (%b) 0.7
BandWidth 8.61
MACD Line 0.76
MACD Signal Line 0.62
MACD Histogram 0.1397
Fundamentals Value
Market Cap 8.71 Billion
Num Shares 154 Million
EPS 2.41
Price-to-Earnings (P/E) Ratio 23.43
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) 57.45
Resistance 3 (R3) 57.45 57.12 57.28
Resistance 2 (R2) 57.12 56.87 57.12 57.23
Resistance 1 (R1) 56.79 56.72 56.63 56.79 57.17
Pivot Point 56.47 56.47 56.38 56.46 56.47
Support 1 (S1) 56.13 56.21 55.97 56.13 55.75
Support 2 (S2) 55.81 56.06 55.81 55.69
Support 3 (S3) 55.48 55.81 55.64
Support 4 (S4) 55.47