CienaCIEN

Ciena (CIEN) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for CIEN · data as of Sep 2, 2026. The chart above is live; the read below updates daily.

$354.16last close · Sep 2, 202652-week range $92.46 – $637.51 · 44.45% below the high

CIEN falling wedge pattern

CIEN is currently forming a falling wedge on the daily timeframe. Detected Sep 2, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $567.15 (+42.0%).

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

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

CIEN's most recent falling wedge trade

CIEN's most recent completed falling wedge resolved as a loss: it broke higher on Oct 6, 2026 near $431.67, then was stopped out at $339.33 on Oct 15, 2026 — a 21.4% move (-1.00R) over 7 sessions. Across 137,198 backtested falling wedges, this setup wins 42.2% of the time.

OutcomeLossResult-21.4%R-1.00REntry$431.67Exit$339.33

Learn about falling wedge

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 wedgeOct 6, 2026 @ $431.67Oct 15, 2026 @ $339.33Loss+28.7% · -1.00R
Falling wedgeOct 1, 2026 @ $365.65Oct 15, 2026 @ $339.33Loss+51.3% · -1.00R
TriangleSep 1, 2026 @ $363.08Oct 6, 2026 @ $418.72Loss+34.0% · -1.00R
Falling wedgeAug 12, 2026 @ $422.47Aug 25, 2026 @ $386.33Loss+42.4% · -0.94R
Falling wedgeAug 12, 2026 @ $427.71Aug 25, 2026 @ $386.33Loss+17.7% · -0.95R
Falling wedgeJul 31, 2026 @ $395.33Aug 19, 2026 @ $415.50Win+15.3% · +0.28R
Falling wedgeJul 31, 2026 @ $398.75Sep 4, 2026 @ $321.67Loss+46.2% · -1.02R
Rising wedgeJun 5, 2026 @ $497.29Jun 9, 2026 @ $435.77Win+12.4% · +0.44R
Rising wedgeJun 4, 2026 @ $547.71Jun 8, 2026 @ $478.81Win+12.6% · +0.77R
Rising wedgeMay 29, 2026 @ $546.03Jun 2, 2026 @ $605.61Loss+14.7% · -1.00R
Rising wedgeApr 22, 2026 @ $478.56Apr 23, 2026 @ $522.50Loss+15.1% · -1.00R
Rising wedgeJan 20, 2026 @ $228.35Jan 28, 2026 @ $253.90Loss+9.1% · -1.00R

Falling wedge examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about falling wedge

CIEN support and resistance levels

Price was turned away at a ceiling near $465.56 about 4 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $273.94 — still about 23% away.

  • Traders commonly watch $273.94 as a target (its 61.8% 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 $465.56 ceiling about 4 weeks 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.

CIEN recent daily prices

DateOpenHighLowClose
Sep 2, 2026$357.25$359.60$348.86$354.16
Sep 1, 2026$376.89$381.60$356.40$360.33
Aug 31, 2026$378.44$382.94$370.77$382.80
Aug 28, 2026$400.42$400.50$376.64$378.44
Aug 27, 2026$411.53$418.72$395.50$399.85
Aug 26, 2026$387.23$406.44$387.23$404.03
Aug 25, 2026$386.33$388.73$378.94$387.66
Aug 24, 2026$386.26$386.26$362.48$371.95
Aug 21, 2026$396.00$403.72$382.75$395.79
Aug 20, 2026$400.35$404.35$389.10$392.48

CIEN frequently asked questions

What chart pattern is CIEN forming right now?
As of Sep 2, 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.
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 Sep 2, 2026?
Ciena (CIEN) last closed at $354.16 on Sep 2, 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.