US stock / ETF

Ciena Corporation

CIEN · NYSE · USD

1 weekBearish90%
Weekly Downside probability 90%Bearish

CIEN 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $403.15 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 44.3, MACD -21.233

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $67.28 (19.25%)

Weekly

EMA Structure

Range
EMA 8$379.89Bearish
EMA 21$403.15Bearish
EMA 50$347.94Bullish

Signals

CategoryReadStrength
Momentum
RSI 44.3 · MACD -21.233

Momentum is weak

Strength
Bearish
Volatility
ATR $67.28 · BB 68.45%

High volatility

Strength
Bearish
Volume
MFI 35.7 · OBV -11.21%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$220.52 - $637.51

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+101.63% · 5.3 ATR above latest close

$704.79
Nearest resistance

+82.39% · 4.3 ATR above · 34-bar high

$637.51
Current price

Price shown is delayed

$349.54
Nearest support

-36.91% · 1.9 ATR below · 34-bar low

$220.52
Deeper support zone

-56.16% · 2.9 ATR below latest close

$153.24
ATR zone

Latest close ± ATR14

$282.26 - $416.82

Indicators

Trend

Dow Theory Structure

Confirmation $323.29, invalidation $462.69

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

Trend strength is active

35.5 / 8.1 / 28.3Bearish
Supertrend (10,3)

Price is above Supertrend

$140.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$431.84 / $384.48Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Volatility

ATR (14)

High volatility

$67.28 (19.25%)Bearish
Bollinger Bands (20,2)

Width 68.45%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$536.94 / $270.13Bearish
ATR channel lower / upper

Current Volatility Envelope

$282.26 / $416.82Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$637.51Range
Support

Nearest Downside Decision Level

$220.52Range

Momentum

RSI (14)

Momentum is weak

44.3Bearish
MACD (12,26,9)

Histogram is negative

-21.233Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.7 / 13.7Bullish
Williams %R (14)

Neutral zone

-79.3Range
CCI (20)

Weak expansion

-116.4Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

35.7Bearish
OBV slope

20-period OBV slope

-11.21%Bearish
Volume ratio

Relative to 20-period average volume

0.64xBearish

Trend

Dow Theory Structure

Confirmation $323.29, invalidation $462.69

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

Trend strength is active

35.5 / 8.1 / 28.3Bearish
Supertrend (10,3)

Price is above Supertrend

$140.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$431.84 / $384.48Bearish
Donchian Channel (20)

20-period breakout channel position

12%Bearish

Momentum

RSI (14)

Momentum is weak

44.3Bearish
MACD (12,26,9)

Histogram is negative

-21.233Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.7 / 13.7Bullish
Williams %R (14)

Neutral zone

-79.3Range
CCI (20)

Weak expansion

-116.4Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$67.28 (19.25%)Bearish
Bollinger Bands (20,2)

Width 68.45%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$536.94 / $270.13Bearish
ATR channel lower / upper

Current Volatility Envelope

$282.26 / $416.82Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.7Bearish
OBV slope

20-period OBV slope

-11.21%Bearish
Volume ratio

Relative to 20-period average volume

0.64xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$637.51Range
Support

Nearest Downside Decision Level

$220.52Range

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