US stock / ETF

Ciena Corporation

CIEN · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

CIEN 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $405.22 and stabilize above resistance $462.6.

Invalidation Trigger

Break above $462.6 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 43.2, MACD -1.336

4h
Volatility EnvironmentRange
Medium volatility

ATR is $10.75 (2.72%)

4h

EMA Structure

Bearish
EMA 8$397.01Bearish
EMA 21$405.22Bearish
EMA 50$408.59Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.2 · MACD -1.336

Momentum is weak

Strength
Bearish
Volatility
ATR $10.75 · BB 20.19%

Medium volatility

Strength
Range
Volume
MFI 51.4 · OBV -26.57%

Relative to 20-period average volume

Strength
Range
Price Levels
$383 - $462.6

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+19.6% · 7.2 ATR above latest close

$473.35
Nearest resistance

+16.88% · 6.2 ATR above · 34-bar high

$462.6
Current price

Price shown is delayed

$395.79
Nearest support

-3.23% · 1.2 ATR below · 34-bar low

$383
Deeper support zone

-5.95% · 2.2 ATR below latest close

$372.25
ATR zone

Latest close ± ATR14

$385.04 - $406.54

Indicators

Trend

Dow Theory Structure

Confirmation $383.06, invalidation $401

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

Trend strength is moderate

20.6 / 18.8 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$373Bullish
Ichimoku Cloud

Cloud Span A / Span B

$408.29 / $422.8Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

Medium volatility

$10.75 (2.72%)Range
Bollinger Bands (20,2)

Width 20.19%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$421.01 / $388.51Range
ATR channel lower / upper

Current Volatility Envelope

$385.04 / $406.54Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$462.6Range
Support

Nearest Downside Decision Level

$383Range

Momentum

RSI (14)

Momentum is weak

43.2Bearish
MACD (12,26,9)

Histogram is negative

-1.336Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.9 / 25.6Bullish
Williams %R (14)

Neutral zone

-69.1Range
CCI (20)

Balanced zone

-53.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.4Range
OBV slope

20-period OBV slope

-26.57%Bearish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Trend

Dow Theory Structure

Confirmation $383.06, invalidation $401

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

Trend strength is moderate

20.6 / 18.8 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$373Bullish
Ichimoku Cloud

Cloud Span A / Span B

$408.29 / $422.8Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

43.2Bearish
MACD (12,26,9)

Histogram is negative

-1.336Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.9 / 25.6Bullish
Williams %R (14)

Neutral zone

-69.1Range
CCI (20)

Balanced zone

-53.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$10.75 (2.72%)Range
Bollinger Bands (20,2)

Width 20.19%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$421.01 / $388.51Range
ATR channel lower / upper

Current Volatility Envelope

$385.04 / $406.54Range

Volume / Money Flow

MFI (14)

Money flow is neutral

51.4Range
OBV slope

20-period OBV slope

-26.57%Bearish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$462.6Range
Support

Nearest Downside Decision Level

$383Range

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