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         Symbol Lookup
CIENA Add to My Watchlist (NSDQ: CIEN) 

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Stock Data
Last Price 7.87 ( 6:48 PM EDT)
Change (%)     -0.66 (-7.74%)
Volume 4,844,831
Open 8.75
Previous Close 8.53
Day High 8.94
Day Low 7.84
Bid 7.87 x 100
Ask 7.98 x 800
 
Average Volume 5,634,510
Shares Outstanding 90.32M
Market Cap 710.8M
Year High 49.55
Year Low 7.84
Earnings Per Share 0.93
P/E Ratio 8.5
Dividend N/A
Yield N/A
Chart
Intraday | 3 Month | 6 Month | 1 Year
 
Related Companies
Symbol Last Change (%)
PLT 17.70 -1.79 (-9.18%)
CPNBF 0.90 +0.00 (+0.00)
NT 1.67 -0.20 (-10.70%)
CETV 38.68 -6.34 (-14.08%)
QBCRF 21.13 +0.00 (+0.00)
CXR 9.04 -0.84 (-8.50%)
TKLC 12.49 -0.37 (-2.88%)
Press Releases: CIEN
Today
Ciena Simplifies and Scales Carrier Ethernet Services Delivery to Accelerate Time to Revenue and Profitability
Enhanced Carrier Ethernet Service Delivery Portfolio Increases Service Flexibility and Velocity Leveraging Service-Aware Operating System
- Business Wire
Fri, Oct 03, 2008
Ciena to Webcast Financial Community Event
- Business Wire
Wed, Oct 01, 2008
Zacks Sell List Highlights: Sepracor, CRA International, Owens-Illinois and Ciena Corp.
- Business Wire
Tue, Sep 30, 2008
American Fiber Systems Powers Managed Services with Ciena
AFS Offers Managed Wavelength Services Over Metro Fiber Networks Across the U.S. Using Ciena Platform
- Business Wire
Tue, Sep 23, 2008
Sprint Adds Ciena for XOHM Backhaul Solution
Carrier Ethernet Platforms Provide High Performance, Scalable and Resilient Ethernet-Based Backhaul for Operator's 4G WiMAX Network Deployments
- Business Wire
More Press Releases
News: CIEN
Today
Ciena Thinks Big in Ethernet
Ethernet fever runs high at Ciena as the WWP acquisition gives the vendor ideas for a service-aware network
- Light Reading
Thu, Oct 02, 2008
FT Preps Major Backhaul Rollout
Sources say France Telecom is evaluating suppliers for a major, multi-country upgrade of its fixed broadband backhaul capabilities
- Light Reading
Wed, Oct 01, 2008
LR Names 2008 Leading Lights Finalists
Here are the finalists for the fifth annual Light Reading Leading Lights Awards
- Light Reading
Thu, Sep 25, 2008
Verizon Talks GMPLS, 100-Gig
It's a big optical week for the carrier, which is releasing some trial results
- Light Reading
Wed, Sep 24, 2008
PBT: Alive 'n' Kicking
While some companies are determined to bury PBT, the connection-oriented Ethernet technology refuses to lie down
- Light Reading
More News
Blogs: CIEN
Fri, Sep 26, 2008
Stock Ideas for Next Week - MSFT, NVDA, CIEN
Chart courtesy of stockcharts ( click to enlarge )

CIEN - The technical indicators are looking better for the stock. The stock has been on a rise recently as K line is on top of D line indicating a buy signal.MACD suggesting that CIEN downtrend could be coming to an end. A breakout above the symmetrical triangle line and the 20-day moving average on the daily chart would confirm this. It does not necessarily mean that CIEN trend would change from down to Up but it could be the start of a base building period. The symmetrical triangle is a pattern in which two trendlines converge toward each other. This pattern is neutral in that a breakout to the upside or downside is a confirmation of a trend in that direction. Stay tuned on it.

Chart courtesy of stockcharts ( click to enlarge )

NVDA - Over the last 52 weeks the stock has ranged from a low of $8.80 to a high of $39.67. NVIDIA stock has been showing support around $10.74 and resistance in the $12.10 range. Technicals have turned bullish signaling sideways to higher prices possible in the near term. Next target for the stock are 11.94 and 14.12. Only a close above 11.77 reverses the current downtrend. Let's keep an eye on it.

Chart courtesy of stockcharts ( click to enlarge )

MSFT is up against the downtrendline. Are the technical signs suggesting that MSFT is about to break out of its congestion area? I think so. Technical chart shows bullish sign with K line on top of D line and MACD on top of signal line. A decisive break of the downtrend line on heavy volume, and, we could be looking at MSFT testing its resistance level at $28.40 and $28.77 respectively.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. See you Monday !!! Have a great weekend !!

AC
- AC Investor Blog
Thu, Sep 25, 2008
The Fuzzy Future of 40G
There is an optimistic sense of inevitability among investors that the optical network will transition from 10Gbs to 40Gbs. This inevitability is misplaced, as the rules that applied during the transition to 10Gbs no longer apply today. There is little technological, architectural, or economical reason for a widespread move to 40Gbs technology.
- Nyquist Capital
Wed, Sep 24, 2008
Stock Picks and Trade Ideas for Thursday - CIEN, BOOM, BIDU, ESLR
Chart courtesy of stockcharts ( click to enlarge )

ESLR could move to the $6.80-$6.86 range in the near term. Sell a portion of the holdings if the stock faces resistance at this zone. Hold with a stop-loss at $5.83.

Chart courtesy of stockcharts ( click to enlarge )

BIDU is trading close to the resistance level at the Rs $280-$281 range. A close above this range would impart strength and the stock could move easily to $305-$310 subsequently. The trend would turn bearish if the share price closes below $260.70. A drop below $252 would have major negative implications. Remain invested with a stop-loss at $252.01. Stay tuned on BIDU.

Chart courtesy of stockcharts ( click to enlarge )

BOOM - Buy on a close above $29.27 ( 50 day moving average ) with a stop-loss at $27.81 and a price target of $31.50.

Chart courtesy of stockcharts ( click to enlarge )

CIEN - It looks like the buyers are finally aware of the buying opportunity at this level after the big drop occured early this month. The technical chart shows this is just the beginning of the rally as K line has just crossed on top over D line. In addition MACD back again above the sell line, this is a good indication that the stock could be back to bull market soon.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. See you tomorrow !!!

AC
- AC Investor Blog
Thu, Sep 18, 2008
The worst financial crisis since the Great Depression
Already considered by many analysts the worst financial crisis since the Great Depression, the actual financial crises are dramatically shaking markets worldwide. The financial crisis that began 13 months ago is pushing stocks to irrational historical lows, including healthy companies that are now seeing company value in a bad situation. The panic selling has been installed in investor minds, therefore the word “sell” appears from everywhere on the floors of Wall Street, everybody is selling everything, no matter if the company is in a good financial health or not, the time is to sell and they sell, it's the contagious of the environment. Some healthy companies that I’m still holding in my portfolio have been also battered for this uncertainty, but fortunately for me this fall hasn’t been so stronger as others companies in the same sector. In fact, at the present time no one is immune to be hit by falling knives, the sentiment is really ugly and cash is King. From my standpoint, I believe that we are not so far from the bottom of this market, currently there are many companies already trading below its book value, creating historical good opportunities of investment for long players. Investors with patience will be soon rewarded. Time changes in a matter of seconds and FED, BCE and many others are active on the ground injecting billions of dollars to stop a deeper crisis in the entire financial system. Stay calm and avoid entry in panic. As I said before cash is King in times like this. Please, find below more trade Ideas for Friday.

Chart courtesy of stockcharts ( click to enlarge )

YHOO seems to have broken out of the downtrend with $20 as resistance. Target price of this formation would be above $24. Volume on breakout is about 36 million of shares, volume on the last trading days was 30 million. If on Friday the stock was bought up with volume of above 30 million, this would be a confirmation of continued bullishness. As of current, MACD is indicating a bullish signal as it is above the sell line. In addition as stock is just back above 50 day moving average and ROC has just rose above oversold level, now is probably a great time to buy the stock.

Chart courtesy of stockcharts ( click to enlarge )

CIEN - Chart is showing a Bullish MACD divergence. Positive divergence occurs when MACD advances upwards at a time when the price is still in a down trend. MACD forms a sequence of higher lows (each low higher than the previous day or period). A close above today's high will cause an inversion which will lead the stock higher. In addition, the stock is extremely oversold at this point that the conditions are almost perfect for another large scale counter trend rally to develop, so don't be caught if you see this one begin. Stay tuned on CIEN.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. See you tomorrow !!!

AC
- AC Investor Blog
Fri, Sep 12, 2008
Global Financial crisis and some Trade Ideas for next week
The financial crisis catapulted the financial markets for the worst period of the decade. For more than a year that the financial markets are living depressed times due to the growing pessimism among investors in the face of problems, no end in sight in the financial sector, the "brake" of the economies and the expectation of worsening results among the big companies. The losses in small and large investors have been brutal over the last months, especially for those who had betting in long positions since October of 2007. Twelve months later, we have almost all indices testing the lows. But nor always we should look for the falling markets as a synonymous of losses. There are lot of people worldwide that have made big fortunes with the deception of others. For those who in October 2007 invested in short positions, just in the beginning of the current crisis, can now collect capital gains exceeding 65% as a whole. It has been good times for bears and bad times for bulls, and now? Where we go…….. Technical and fundamental indicators still not showing brilliant signs, but I start seeing some light in the end of the tunnel with the end of the actual presidency. In addition, the election time always brought signs of change; therefore it's hard to believe in a new period of disbelief and economic pessimism. Let’s see what the next 12 months will bring to the market. I’m betting for a new wave of growing, it could take some time to assimilate but I'm sure it will start next year. There sure is a lot of money on the sidelines and a lot of talk of the yearend rally.

Chart courtesy of stockcharts ( click to enlarge )

Juniper Networks (JNPR) has already recouped its recent losses and looks poised to break resistance at 26.50. The technical chart shows positive sign as the stock has been on the upside since late July and the stock has been above the 50-day moving average since that date. A few more positive session could bring MACD back above 0 meaning bull market. Stay tuned on JNPR.

Chart courtesy of stockcharts ( click to enlarge )

CNTF - Daily chart above shows that it is still to early to say that the downtrend has ended.

Chart courtesy of stockcharts ( click to enlarge )

HLX - Broken supports turns into resistance. Stock needs to break $28.47 to turn bullish.

Chart courtesy of stockcharts ( click to enlarge )

CIEN - Looking at the daily chart, it shows weak sign as the stock is still trading below 50 day and 200 day moving average. Another weak sign is MACD which is still below 0. On the other hand, ROC shows the stock is oversold and with volumn spiked as K line crossed on top of D line this is probalby the time that the stock would finally reverse the downtrend. I'm still Bullish on CIENA.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. See you Monday !!!

AC
- AC Investor Blog
More Blogs
Podcasts: CIEN
Wed, Aug 20, 2008
Dorsey Wright's Podcast 144 - Regressed to Mean
Tom Dorsey and Tammy DeRosier - Regressed to Mean
- Dorsey Wright
Fri, Mar 07, 2008
Opening View: Ambac Financial Raises 1.5 billion in Capital
Elizabeth Harrow takes a look at news on the Street before the market opens.
- Schaeffer's
Wed, Feb 13, 2008
Dorsey Wright's Podcast 117 - Mud Wrestling and the Markets
Tom Dorsey and Sue Morrison - Mud Wrestling and the Markets
- Dorsey Wright
Thu, Dec 13, 2007
Opening View: U.S. Futures Turn Sharply Lower on Doubts Over Fed Plans
Andrea Kramer takes a look at the market before the open

- Schaeffer's
Thu, Dec 14, 2006
Schaeffer's Today's Market: Jobless Claims Plunge, Import Prices Rise
Ian Stansel takes a look at news currently driving the market.
- Schaeffer's
More Podcasts
Conference Calls for CIEN
10/07/08 Business News  
Ciena Corporation Analyst Day 
Archive for CIEN
09/09/08 Special Conference  
Ciena Corporation at Deutsche Bank Securities Technology Conference 
Archive for CIEN
09/04/08 Q3 2008 Earnings  
Archive for CIEN
06/05/08 Q2 2008 Earnings  
Archive for CIEN
03/26/08 Shareholder Meeting  
2008 Annual Ciena Corporation Shareholders Meeting 
Archive for CIEN
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