US stock / ETF

Ciena Corporation

CIEN · NYSE · USD

4 hoursBearish60%
4h Downside probability 60%Bearish

CIEN 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $450.32 and stabilize above resistance $485.69.

Invalidation Trigger

Break above $485.69 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 48.6, MACD -0.004

4h
Volatility EnvironmentRange
Medium volatility

ATR is $11.05 (2.47%)

4h

EMA Structure

Range
EMA 8$451.73Bearish
EMA 21$450.32Bearish
EMA 50$452.85Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.6 · MACD -0.004

Neutral zone

Strength
Bearish
Volatility
ATR $11.05 · BB 13.59%

Medium volatility

Strength
Range
Volume
MFI 27.1 · OBV 6.28%

Relative to 20-period average volume

Strength
Range
Price Levels
$397 - $485.69

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+11.08% · 4.5 ATR above latest close

$496.74
Nearest resistance

+8.61% · 3.5 ATR above · 34-bar high

$485.69
Current price

Price shown is delayed

$447.2
Nearest support

-11.23% · 4.5 ATR below · 34-bar low

$397
Deeper support zone

-13.7% · 5.5 ATR below latest close

$385.95
ATR zone

Latest close ± ATR14

$436.15 - $458.25

Indicators

Trend

Dow Theory Structure

Confirmation $466.66, invalidation $441.35

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

26.2 / 20.6 / 29.7Bearish
Supertrend (10,3)

Price is above Supertrend

$413.79Bullish
Ichimoku Cloud

Cloud Span A / Span B

$446.99 / $445.77Bullish
Donchian Channel (20)

20-period breakout channel position

57%Range

Volatility

ATR (14)

Medium volatility

$11.05 (2.47%)Range
Bollinger Bands (20,2)

Width 13.59%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$473.49 / $427.29Range
ATR channel lower / upper

Current Volatility Envelope

$436.15 / $458.25Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$485.69Range
Support

Nearest Downside Decision Level

$397Range

Momentum

RSI (14)

Neutral zone

48.6Range
MACD (12,26,9)

Histogram is negative

-0.004Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.5 / 32.6Bearish
Williams %R (14)

Neutral zone

-75.5Range
CCI (20)

Balanced zone

-8.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

27.1Bearish
OBV slope

20-period OBV slope

6.28%Bullish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Trend

Dow Theory Structure

Confirmation $466.66, invalidation $441.35

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

26.2 / 20.6 / 29.7Bearish
Supertrend (10,3)

Price is above Supertrend

$413.79Bullish
Ichimoku Cloud

Cloud Span A / Span B

$446.99 / $445.77Bullish
Donchian Channel (20)

20-period breakout channel position

57%Range

Momentum

RSI (14)

Neutral zone

48.6Range
MACD (12,26,9)

Histogram is negative

-0.004Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.5 / 32.6Bearish
Williams %R (14)

Neutral zone

-75.5Range
CCI (20)

Balanced zone

-8.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$11.05 (2.47%)Range
Bollinger Bands (20,2)

Width 13.59%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$473.49 / $427.29Range
ATR channel lower / upper

Current Volatility Envelope

$436.15 / $458.25Range

Volume / Money Flow

MFI (14)

Money flow is weak

27.1Bearish
OBV slope

20-period OBV slope

6.28%Bullish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$485.69Range
Support

Nearest Downside Decision Level

$397Range

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