US stock / ETF

Ciena Corporation

CIEN · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

CIEN 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $397.69 and stabilize above resistance $494.53.

Invalidation Trigger

Break above $494.53 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 39.2, MACD -0.002

Daily
Volatility EnvironmentBearish
High volatility

ATR is $28.29 (7.97%)

Daily

EMA Structure

Bearish
EMA 8$373.76Bearish
EMA 21$397.69Bearish
EMA 50$432.07Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.2 · MACD -0.002

Momentum is weak

Strength
Bearish
Volatility
ATR $28.29 · BB 36.62%

High volatility

Strength
Bearish
Volume
MFI 34.6 · OBV -4.26%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$323.29 - $494.53

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+47.27% · 5.9 ATR above latest close

$522.82
Nearest resistance

+39.3% · 4.9 ATR above · 34-bar high

$494.53
Current price

Price shown is delayed

$355.01
Nearest support

-8.93% · 1.1 ATR below · 34-bar low

$323.29
Deeper support zone

-16.9% · 2.1 ATR below latest close

$295
ATR zone

Latest close ± ATR14

$326.72 - $383.3

Indicators

Trend

Dow Theory Structure

Confirmation $323.29, invalidation $401

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

32.2 / 19.8 / 34.2Bearish
Supertrend (10,3)

Price is above Supertrend

$272.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$388.54 / $480.4Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

High volatility

$28.29 (7.97%)Bearish
Bollinger Bands (20,2)

Width 36.62%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$454.95 / $336.81Bearish
ATR channel lower / upper

Current Volatility Envelope

$326.72 / $383.3Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$494.53Range
Support

Nearest Downside Decision Level

$323.29Range

Momentum

RSI (14)

Momentum is weak

39.2Bearish
MACD (12,26,9)

Histogram is negative

-0.002Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.3 / 41.7Bearish
Williams %R (14)

Neutral zone

-65.7Range
CCI (20)

Balanced zone

-92.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.6Bearish
OBV slope

20-period OBV slope

-4.26%Bearish
Volume ratio

Relative to 20-period average volume

0.04xBearish

Trend

Dow Theory Structure

Confirmation $323.29, invalidation $401

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

32.2 / 19.8 / 34.2Bearish
Supertrend (10,3)

Price is above Supertrend

$272.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$388.54 / $480.4Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

39.2Bearish
MACD (12,26,9)

Histogram is negative

-0.002Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.3 / 41.7Bearish
Williams %R (14)

Neutral zone

-65.7Range
CCI (20)

Balanced zone

-92.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$28.29 (7.97%)Bearish
Bollinger Bands (20,2)

Width 36.62%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$454.95 / $336.81Bearish
ATR channel lower / upper

Current Volatility Envelope

$326.72 / $383.3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.6Bearish
OBV slope

20-period OBV slope

-4.26%Bearish
Volume ratio

Relative to 20-period average volume

0.04xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$494.53Range
Support

Nearest Downside Decision Level

$323.29Range

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