US stock / ETF

Ciena Corporation

CIEN · NYSE · USD

1 weekBearish87%
Weekly Downside probability 87%Bearish

CIEN 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $386.93 and stabilize above resistance $637.51.

Invalidation Trigger

Break above $637.51 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 43.2, MACD -10.121

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $61.02 (18.81%)

Weekly

EMA Structure

Range
EMA 8$366.17Bearish
EMA 21$386.93Bearish
EMA 50$351.97Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.2 · MACD -10.121

Momentum is weak

Strength
Bearish
Volatility
ATR $61.02 · BB 46.22%

High volatility

Strength
Bearish
Volume
MFI 53.6 · OBV -5.46%

Relative to 20-period average volume

Strength
Range
Price Levels
$278.39 - $637.51

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+115.3% · 6.1 ATR above latest close

$698.53
Nearest resistance

+96.5% · 5.1 ATR above · 34-bar high

$637.51
Current price

Price shown is delayed

$324.44
Nearest support

-14.19% · 0.8 ATR below · 34-bar low

$278.39
Deeper support zone

-33% · 1.8 ATR below latest close

$217.37
ATR zone

Latest close ± ATR14

$263.42 - $385.46

Indicators

Trend

Dow Theory Structure

Confirmation $311.6, invalidation $454.73

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

Trend strength is active

39.0 / 18.9 / 23.0Bearish
Supertrend (10,3)

Price is above Supertrend

$164.21Bullish
Ichimoku Cloud

Cloud Span A / Span B

$428.86 / $402.87Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

High volatility

$61.02 (18.81%)Bearish
Bollinger Bands (20,2)

Width 46.22%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$503.43 / $269.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$263.42 / $385.46Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$637.51Range
Support

Nearest Downside Decision Level

$278.39Range

Momentum

RSI (14)

Momentum is weak

43.2Bearish
MACD (12,26,9)

Histogram is negative

-10.121Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.5 / 33.8Bearish
Williams %R (14)

Oversold zone

-91.5Bullish
CCI (20)

Weak expansion

-119.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.6Range
OBV slope

20-period OBV slope

-5.46%Bearish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Trend

Dow Theory Structure

Confirmation $311.6, invalidation $454.73

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

Trend strength is active

39.0 / 18.9 / 23.0Bearish
Supertrend (10,3)

Price is above Supertrend

$164.21Bullish
Ichimoku Cloud

Cloud Span A / Span B

$428.86 / $402.87Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

43.2Bearish
MACD (12,26,9)

Histogram is negative

-10.121Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.5 / 33.8Bearish
Williams %R (14)

Oversold zone

-91.5Bullish
CCI (20)

Weak expansion

-119.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$61.02 (18.81%)Bearish
Bollinger Bands (20,2)

Width 46.22%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$503.43 / $269.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$263.42 / $385.46Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.6Range
OBV slope

20-period OBV slope

-5.46%Bearish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$637.51Range
Support

Nearest Downside Decision Level

$278.39Range

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