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

Auto-detected technical analysis for CIEN · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$411.13last close · Aug 4, 202652-week range $84.41 – $637.51 · 35.51% below the high
Falling Wedge · playing out now

CIEN just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 43% of the time.

As long as price stays above $323.3, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $567.2 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

CIEN Falling Wedge Pattern

CIEN is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

DirectionBullishTarget$567.15Projected move+42.0%Breakout level$388.98

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

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
CIEN win rate
35.7%

Historical pattern statistics (2006-08-04 – 2026-08-03), 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.

PatternEntryExitOutcomeResult
Falling WedgeJul 9, 2026 @ $460.60Jul 16, 2026 @ $388.81Loss-1.28R
Rising WedgeFeb 6, 2026 @ $272.14Mar 3, 2026 @ $333.07Win+1.18R
Rising WedgeJan 20, 2026 @ $229.15Jan 28, 2026 @ $257.30Loss-1.14R
Bullish PennantDec 8, 2025 @ $209.98Jan 5, 2026 @ $230.90Win+0.89R
Bullish PennantJul 15, 2025 @ $82.57Aug 14, 2025 @ $91.42Win+1.56R
Rising WedgeDec 12, 2024 @ $83.67Dec 27, 2024 @ $86.66Win+0.23R
Rising WedgeDec 9, 2024 @ $74.95Dec 27, 2024 @ $86.66Win+1.26R
Bullish PennantJul 10, 2024 @ $47.34Aug 5, 2024 @ $45.77Loss-1.44R
Falling WedgeAug 28, 2023 @ $42.12Sep 19, 2023 @ $47.97Win+5.82R
Falling WedgeAug 22, 2023 @ $41.50Sep 19, 2023 @ $47.97Win+4.64R
TriangleAug 16, 2023 @ $41.01Aug 31, 2023 @ $49.98Loss-3.15R
Falling WedgeAug 9, 2023 @ $41.83Aug 16, 2023 @ $40.43Loss-1.12R

CIEN Support and Resistance Levels

Price was turned away at a ceiling near $642.52 about 2 months ago and has been sliding since. On the weekly chart, the next floor below sits near $343.36 — still about 16% away.

  • Traders commonly watch $343.36 as a target (its 50% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $642.52 ceiling about 2 months ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $273.94, resistance near $615.72. These are chart/swing-derived levels, not formula pivots.

Resistance
$615.72
Support
$273.94

CIEN Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$419.08$427.00$405.01$411.13
Aug 3, 2026$365.00$391.87$355.00$390.76
Jul 31, 2026$393.98$401.00$374.38$377.05
Jul 30, 2026$359.27$373.09$355.00$372.07
Jul 29, 2026$349.64$350.80$323.29$330.37
Jul 28, 2026$354.90$357.47$328.80$350.51
Jul 27, 2026$388.19$388.19$360.00$377.27
Jul 24, 2026$401.85$408.74$386.25$390.96
Jul 23, 2026$394.10$415.80$394.10$407.53
Jul 22, 2026$396.95$411.01$396.87$397.16

CIEN Frequently Asked Questions

What chart pattern is CIEN forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Ciena (CIEN) on the daily chart, with a measured-move target of $567.15.
Is a falling wedge bullish or bearish?
The falling wedge detected on CIEN is a bullish pattern, projecting a measured-move target of $567.15. 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 (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for CIEN?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), CIEN's nearest support is around $273.94 and nearest resistance around $615.72.
What is the price target if CIEN's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $567.15 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was CIEN's closing price on Aug 4, 2026?
Ciena (CIEN) last closed at $411.13 on Aug 4, 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.