CIEN NEWS why is Ciena Corporation price falling or rising

CIEN NEWS reasons for why stock price of Ciena Corporation is falling or rising

CIEN Ciena Corporation is falling or rising technical reasons

Technical analysis forecast of Ciena Corporation Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Ciena Corporation CIEN at this time. Stock is rising and might rise more.

It appears as if Ciena Corporation CIEN gave a large move recently.

Stock of Ciena Corporation (CIEN) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Ciena Corporation is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Ciena Corporation stays above 72.3, but if it comes below 72.3, then a intra day sell could be more profitable.
If you take a sell trade below 72.3, then use 72.3 as stoploss and 70.16 as target. However if you take a buy trade in Ciena Corporation, then use 72.3 as stoploss and 74.8 as target.

CIEN Ciena Corporation is falling or rising NEWS fundamental reasons

Pre-Market Earnings Report for December 12, 2024 : CIEN, LOVE, LEE The following companies are expected to report earnings prior to market open on 12/12/2024. Visit our Earnings Calendar for a full list of expected earnings releases.Ciena Corporation (CIEN)is reporting for the quarter ending October 31, 2024. The fiber o - NEWS as on 2024-12-11 nasdaq.com

More announcements and NEWS

CIEN Ciena Corporation current price & indicator signals

Moving Averages for Ciena Corporation

  • 5Day Average: 72.48
  • 12Day Average: 70.76
  • 20Day Average: 70.31
  • 50Day Average: 67.46
  • 100Day Average: 60.53
  • 150Day Average: 56.4
  • 200Day Average: 54.65

CIEN Indicators & signals

Indicator MACD (12,26,9)

71.11, 69.49, 1.47
Indicator MACD is in positive zone

Indicator ADX (14)

25.22, 33.33, 19.91
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CIEN Ciena Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
11 Wed Dec 2024 73.21 70.60 to 73.87 3.29% 3.02 times
10 Tue Dec 2024 70.88 70.60 to 73.42 -2.93% 2.14 times
09 Mon Dec 2024 73.02 72.97 to 75.11 0.58% 2.1 times
05 Thu Dec 2024 72.60 72.37 to 73.15 -0.15% 0.07 times
04 Wed Dec 2024 72.71 71.39 to 73.43 3.77% 0.15 times
03 Tue Dec 2024 70.07 69.20 to 70.23 -1.11% 0.04 times
26 Tue Nov 2024 70.86 69.52 to 71.18 0% 0.9 times
26 Tue Nov 2024 70.86 69.52 to 71.18 0.97% 0.9 times
25 Mon Nov 2024 70.18 69.98 to 71.64 0.07% 1.44 times
22 Fri Nov 2024 70.13 68.20 to 70.31 2.88% 1.18 times
21 Thu Nov 2024 68.17 66.96 to 68.88 2.54% 1.07 times
20 Wed Nov 2024 66.48 65.98 to 67.32 -0.92% 0.85 times

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