Ciena(CIEN)
Auto-detected technical analysis for CIEN · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
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 is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.
New to this pattern? What a falling wedge is and how to trade it →
Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.
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 |
Historical examples from the published simulation. This selection is not a win-rate sample.
On the weekly chart, the nearest level worth watching is a floor below near $345.91 — where price has steadied before.
| 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 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.