Technical Analysis for CIEN - Ciena Corporation

Grade Last Price % Change Price Change
grade B 52.97 1.17% 0.61
CIEN closed up 1.17 percent on Tuesday, July 14, 2020, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Fell Below 20 DMA Bearish 1.17%
Fell Below 50 DMA Bearish 1.17%
MACD Bearish Signal Line Cross Bearish 1.17%
Expansion Pivot Sell Setup Bearish Swing Setup 1.17%
Wide Range Bar Range Expansion 1.17%
Upper Bollinger Band Walk Strength -3.64%
Calm After Storm Range Contraction -5.68%

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Profile

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.
Telecommunications Computing Ethernet Software Solutions Computer Networking Computer Network Project Management Network Architecture Backhaul Fiber Optic Communications Communications Service Providers Network Switch Communications Networks Overture Networks

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 57.53
52 Week Low 30.58
Average Volume 1,976,716
200-Day Moving Average 43.42
50-Day Moving Average 52.70
20-Day Moving Average 54.09
10-Day Moving Average 54.55
Average True Range 1.74
ADX 16.65
+DI 20.13
-DI 25.16
Chandelier Exit (Long, 3 ATRs ) 52.31
Chandelier Exit (Short, 3 ATRs ) 56.53
Upper Bollinger Band 56.34
Lower Bollinger Band 51.84
Percent B (%b) 0.25
BandWidth 8.32
MACD Line 0.40
MACD Signal Line 0.66
MACD Histogram -0.2576
Fundamentals Value
Market Cap 7.57 Billion
Num Shares 143 Million
EPS 0.91
Price-to-Earnings (P/E) Ratio 58.21
Price-to-Sales 1.09
Price-to-Book 3.21
PEG Ratio 0.76
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 55.22
Resistance 3 (R3) 55.12 54.28 54.85
Resistance 2 (R2) 54.28 53.70 54.33 54.72
Resistance 1 (R1) 53.62 53.35 53.95 53.72 54.59
Pivot Point 52.78 52.78 52.94 52.83 52.78
Support 1 (S1) 52.12 52.20 52.45 52.22 51.35
Support 2 (S2) 51.28 51.85 51.33 51.22
Support 3 (S3) 50.62 51.28 51.10
Support 4 (S4) 50.72