Ciena(CIEN)

Ciena (CIEN) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for CIEN · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$397.16last close · Jul 22, 202652-week range $83.20 – $637.51 · 37.7% below the high

Falling Wedge · playing out now

CIEN is breaking down out of a falling wedge — these usually break higher, so a drop lower instead is a notably bearish turn.

On this chart, setups like it have followed through about 30% of the time.

As long as price stays below $485.7, it's in play — a daily close back above there calls it off.

The move's natural target sits near $230.1.

CIEN Falling Wedge Pattern

CIEN is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBearishTarget$230.14Projected move−44.0%Breakout level$414.05

New to this pattern? What a falling wedge is and how to trade it →

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

CIEN win rate

31.3%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

CIEN Pattern Trade History

Every completed pattern trade our nightly backtest found on CIEN's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Falling Wedge	Jul 9, 2026 @ $460.60	Jul 16, 2026 @ $388.81	Loss	+42.7% · -1.28R
Rising Wedge	Feb 6, 2026 @ $272.14	Mar 3, 2026 @ $333.07	Win	+25.4% · +1.18R
Rising Wedge	Jan 20, 2026 @ $229.15	Jan 28, 2026 @ $257.30	Loss	+23.8% · -1.14R
Bullish Pennant	Dec 8, 2025 @ $209.98	Jan 5, 2026 @ $230.90	Win	+25.5% · +0.89R
Rising Wedge	Dec 12, 2024 @ $83.67	Dec 27, 2024 @ $86.66	Win	+14.1% · +0.23R
Falling Wedge	Aug 28, 2023 @ $42.12	Sep 19, 2023 @ $47.97	Win	+9.3% · +5.82R
Falling Wedge	Aug 22, 2023 @ $41.50	Sep 19, 2023 @ $47.97	Win	+8.7% · +4.64R
Falling Wedge	Aug 14, 2023 @ $41.92	Aug 16, 2023 @ $40.43	Loss	+15.9% · -1.11R
Triangle	Apr 17, 2023 @ $50.26	May 9, 2023 @ $43.46	Win	+15.2% · +3.42R
Triangle	Mar 22, 2023 @ $49.75	Apr 27, 2023 @ $44.56	Win	+11.9% · +1.16R
Triangle	Feb 3, 2023 @ $49.90	Apr 25, 2023 @ $45.54	Win	+9.9% · +1.61R
Triangle	Jan 31, 2023 @ $51.53	Feb 10, 2023 @ $48.54	Loss	+9.7% · -1.01R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026 BAstopped −7.9%Jul 21, 2026 BDXhit target +2.8%Jul 21, 2026 HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

CIEN Support and Resistance Levels

On the weekly chart, the nearest level worth watching is a floor below near $345.91 — where price has steadied before.

There's no clear ceiling close by yet, so this one line is the main thing to watch — a floor often acts like a cushion.
Watch how price behaves as it approaches $345.91 — that's where the next read tends to form.

CIEN Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$396.95	$411.01	$396.87	$397.16
Jul 21, 2026	$397.70	$412.04	$396.55	$408.73
Jul 20, 2026	$375.01	$394.56	$375.00	$378.77
Jul 17, 2026	$370.99	$388.61	$359.01	$374.41
Jul 16, 2026	$404.79	$410.31	$386.65	$388.81
Jul 15, 2026	$451.01	$451.01	$404.40	$418.46
Jul 14, 2026	$460.88	$466.66	$446.25	$446.93
Jul 13, 2026	$448.67	$461.45	$440.51	$445.44
Jul 10, 2026	$453.00	$464.42	$450.00	$460.72
Jul 9, 2026	$460.60	$485.69	$459.81	$462.34

CIEN Frequently Asked Questions

What chart pattern is CIEN forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Ciena (CIEN) on the daily chart, with a measured-move target of $230.14.

Is a falling wedge bullish or bearish?

The falling wedge detected on CIEN is a bearish pattern, projecting a measured-move target of $230.14. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a falling wedge pattern, and what is its win rate?

Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.

What is the price target if CIEN's pattern breaks out?

The detected falling wedge has a geometry-based measured-move target of $230.14 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was CIEN's closing price on Jul 22, 2026?

Ciena (CIEN) last closed at $397.16 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.