US stock / ETF

Ciena Corporation

CIEN · NYSE · USD

4 hoursBearish72%
4h Downside probability 72%Bearish

CIEN 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $342.13 and stabilize above resistance $403.91.

Invalidation Trigger

Break above $403.91 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 37.0, MACD -0.654

4h
Volatility EnvironmentRange
Medium volatility

ATR is $11.27 (3.47%)

4h

EMA Structure

Bearish
EMA 8$330.49Bearish
EMA 21$342.13Bearish
EMA 50$359.21Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.0 · MACD -0.654

Momentum is weak

Strength
Bearish
Volatility
ATR $11.27 · BB 14.53%

Medium volatility

Strength
Range
Volume
MFI 49.3 · OBV -9.98%

Relative to 20-period average volume

Strength
Range
Price Levels
$315.22 - $403.91

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+27.97% · 8.0 ATR above latest close

$415.18
Nearest resistance

+24.49% · 7.0 ATR above · 34-bar high

$403.91
Current price

Price shown is delayed

$324.44
Nearest support

-2.84% · 0.8 ATR below · 34-bar low

$315.22
Deeper support zone

-6.32% · 1.8 ATR below latest close

$303.95
ATR zone

Latest close ± ATR14

$313.17 - $335.71

Indicators

Trend

Dow Theory Structure

Confirmation $339.5, invalidation $332.33

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

12.8 / 25.2 / 29.0Bearish
Supertrend (10,3)

Price is above Supertrend

$291.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$339.6 / $385.59Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Volatility

ATR (14)

Medium volatility

$11.27 (3.47%)Range
Bollinger Bands (20,2)

Width 14.53%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$364.08 / $318.48Range
ATR channel lower / upper

Current Volatility Envelope

$313.17 / $335.71Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$403.91Range
Support

Nearest Downside Decision Level

$315.22Range

Momentum

RSI (14)

Momentum is weak

37.0Bearish
MACD (12,26,9)

Histogram is negative

-0.654Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.9 / 19.1Bearish
Williams %R (14)

Oversold zone

-81.1Bullish
CCI (20)

Weak expansion

-108.2Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

-9.98%Bearish
Volume ratio

Relative to 20-period average volume

0.78xBearish

Trend

Dow Theory Structure

Confirmation $339.5, invalidation $332.33

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

12.8 / 25.2 / 29.0Bearish
Supertrend (10,3)

Price is above Supertrend

$291.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$339.6 / $385.59Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Momentum

RSI (14)

Momentum is weak

37.0Bearish
MACD (12,26,9)

Histogram is negative

-0.654Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.9 / 19.1Bearish
Williams %R (14)

Oversold zone

-81.1Bullish
CCI (20)

Weak expansion

-108.2Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Medium volatility

$11.27 (3.47%)Range
Bollinger Bands (20,2)

Width 14.53%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$364.08 / $318.48Range
ATR channel lower / upper

Current Volatility Envelope

$313.17 / $335.71Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

-9.98%Bearish
Volume ratio

Relative to 20-period average volume

0.78xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$403.91Range
Support

Nearest Downside Decision Level

$315.22Range

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