CIENA CORP. - 1H - Technical analysis published on 03/07/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
78%
6%
My opinion
Bearish under 70.47 USD
My targets
66.97 USD (-2.13%)
64.14 USD (-6.26%)
My analysis
CIENA CORP. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 70.47 USD. The next support located at 66.97 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 64.14 USD. Below this support, sellers could then target 60.95 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8
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This analysis was given by FaG. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CIENA CORP. price is 68.43 USD. The price is lower by -9.06% since the last closing and was between 68.00 USD and 72.97 USD. This implies that the price is at +0.63% from its lowest and at -6.22% from its highest.68.00
72.97
68.43
Here is a more detailed summary of the historical variations registered by CIENA CORP.:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CIENA CORP. in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently positioned bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 45.76 | 52.42 | 60.95 | 68.43 | 68.63 | 70.47 | 75.74 |
| Change (%) | -33.13% | -23.40% | -10.93% | - | +0.29% | +2.98% | +10.68% |
| Change | -22.67 | -16.01 | -7.48 | - | +0.20 | +2.04 | +7.31 |
| Level | Intermediate | Intermediate | Major | - | Minor | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.66 | 64.83 | 66.63 | 69.80 | 71.60 | 74.77 | 76.57 |
| Camarilla | 67.06 | 67.52 | 67.97 | 68.43 | 68.89 | 69.34 | 69.80 |
| Woodie | 60.98 | 64.49 | 65.95 | 69.46 | 70.92 | 74.43 | 75.89 |
| Fibonacci | 64.83 | 66.73 | 67.90 | 69.80 | 71.70 | 72.87 | 74.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 66.97 | 71.29 | 75.43 | 79.75 | 83.89 | 88.21 | 92.35 |
| Camarilla | 77.24 | 78.02 | 78.80 | 79.57 | 80.35 | 81.12 | 81.90 |
| Woodie | 66.88 | 71.25 | 75.34 | 79.71 | 83.80 | 88.17 | 92.26 |
| Fibonacci | 71.29 | 74.52 | 76.52 | 79.75 | 82.98 | 84.98 | 88.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.68 | 64.14 | 71.86 | 83.32 | 91.04 | 102.50 | 110.22 |
| Camarilla | 74.30 | 76.05 | 77.81 | 79.57 | 81.33 | 83.09 | 84.85 |
| Woodie | 50.80 | 63.21 | 69.98 | 82.39 | 89.16 | 101.57 | 108.34 |
| Fibonacci | 64.14 | 71.47 | 76.00 | 83.32 | 90.65 | 95.18 | 102.50 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 26.23 | |
| MACD (12,26,9): | -1.9800 | |
| Directional Movement: | -28.16 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 69.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 73.95 | |
| Elder Ray (13): | -2.68 | |
| Super Trend (3,10): | 72.74 | |
| Zig ZAG (10): | 68.31 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 1.85 | |
| TEMA (21): | 69.28 | |
| Williams %R (14): | -95.70 | |
| Chande Momentum Oscillator (20): | -5.62 | |
| Repulse (5,40,3): | -3.3600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3000 | |
| Courbe Coppock: | 9.36 |
| MA7: | 75.86 | |
| MA20: | 83.24 | |
| MA50: | 84.86 | |
| MA100: | 77.72 | |
| MAexp7: | 70.04 | |
| MAexp20: | 72.34 | |
| MAexp50: | 75.61 | |
| MAexp100: | 79.15 | |
| Price / MA7: | -9.79% | |
| Price / MA20: | -17.79% | |
| Price / MA50: | -19.36% | |
| Price / MA100: | -11.95% | |
| Price / MAexp7: | -2.47% | |
| Price / MAexp20: | -5.57% | |
| Price / MAexp50: | -9.65% | |
| Price / MAexp100: | -13.70% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on CIENA CORP.. At the time of publication of this analysis, the latest news was as follows:
- e& UAE First in Middle East & Africa to Deploy Ciena’s WaveLogic 6
- Cirion Prepares Network for Surging Cloud and AI Demands with Ciena’s WaveLogic 6
- Ciena Announces Internet Availability of 2025 Annual Meeting Proxy Materials
- Telia Norway and Ciena Achieve First Live 1.6 Tb/s Data Transmission in Nordics
- Ciena Announces Reporting Date and Web Broadcast for Fiscal First Quarter 2025 Results
This member declared not having a position on this financial instrument or a related financial instrument.
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