CIEN

CienaTechnology

$390.96-4.07%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$390.96

MAYJUNJUL

CIEN Chart Update

The Descending Triangle is just one piece of the puzzle. See the full technical breakdown.

View on TradingView View on TrendSpider

Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:1.26

Entry

$359.01

Stop

$466.66

Target

$223.49

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Market Analysis

Technical analysis of Ciena (CIEN) reveals a significant setup. Price has moved to $390.96 (-4.07%) amidst recent volatility. Price action has carved out a classic Descending Triangle. Volume is average (0.64x avg) with moderate trend strength (19.3). A potential breakout level is identified at $359.01, targeting $223.49 with support near $466.66 (R:R 1.26).

Community Sentiment

What is your outlook on CIEN?

Explore Related Markets

Peer Analysis

Keys Descending Triangle Msft Descending Triangle Adsk Bearish Flag Cdw Ascending Triangle Crm Bearish Flag

Pattern Peers

Keys Descending Triangle Lvs Descending Triangle Msft Descending Triangle Wmt Descending Triangle Amt Descending Triangle