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Ciena Corp (CIEN) – sideways & breakout history

NYSE

Ciena Corp has been moving sideways between $50.34 and $78.28 since 10 Apr 2022.

Since 2019, NasdaqScan has found 2 sideways ranges in CIEN. The completed range lasted 1050 days. It ended without a clear breakout. The current range is 56% wide from low to high. NasdaqScan detected one breakout pattern in Ciena Corp, on 16 Oct 2022 after 392 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$50.34 – $78.2810 Apr 2022Still sideways—16 Oct 2022 (BO accepted)
$30.33 – $45.7011 Aug 201926 Jun 2022 (1050 days)Range invalidated at $41.63—

Breakout patterns detected

  • 16 Oct 2022: breakout from a sideways range after 392 days (BO accepted)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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