Technical Analysis for CIEN - Ciena Corporation

Grade Last Price % Change Price Change
grade A 38.04 0.74% 0.28
CIEN closed up 0.74 percent on Thursday, January 17, 2019, on 72 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical CIEN trend table...

Date Alert Name Type % Chg
Jan 17 New 52 Week Closing High Bullish 0.00%
Jan 17 New 52 Week High Strength 0.00%
Jan 17 Overbought Stochastic Strength 0.00%
Jan 17 Up 3 Days in a Row Strength 0.00%
Jan 16 New 52 Week Closing High Bullish 0.74%
Jan 16 New 52 Week High Strength 0.74%
Jan 16 Overbought Stochastic Strength 0.74%
Jan 15 New 52 Week Closing High Bullish 1.09%
Jan 15 New 52 Week High Strength 1.09%
Jan 15 Overbought Stochastic Strength 1.09%

Older signals for CIEN ...

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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.
Is CIEN a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 38.48
52 Week Low 20.71
Average Volume 3,445,615
200-Day Moving Average 28.8535
50-Day Moving Average 33.5662
20-Day Moving Average 34.723
10-Day Moving Average 36.699
Average True Range 1.1134
ADX 29.73
+DI 36.3586
-DI 13.5455
Chandelier Exit (Long, 3 ATRs ) 35.1398
Chandelier Exit (Short, 3 ATRs ) 34.1102
Upper Bollinger Band 39.085
Lower Bollinger Band 30.361
Percent B (%b) 0.88
BandWidth 25.124557
MACD Line 1.3765
MACD Signal Line 1.045
MACD Histogram 0.3315
Fundamentals Value
Market Cap 5.43 Billion
Num Shares 143 Million
EPS 0.91
Price-to-Earnings (P/E) Ratio 41.80
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) 39.38
Resistance 3 (R3) 39.37 38.93 39.15
Resistance 2 (R2) 38.93 38.59 38.93 39.08
Resistance 1 (R1) 38.48 38.38 38.71 38.49 39.00
Pivot Point 38.04 38.04 38.15 38.04 38.04
Support 1 (S1) 37.59 37.70 37.82 37.60 37.08
Support 2 (S2) 37.15 37.49 37.15 37.00
Support 3 (S3) 36.70 37.15 36.93
Support 4 (S4) 36.71