Ciena (CIEN) Shares Cross Below 200 DMA

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In trading on Monday, shares of Ciena Corp (Symbol: CIEN) crossed below their 200 day moving average of $23.01, changing hands as low as $22.90 per share. Ciena Corp shares are currently trading off about 2.3% on the day. The chart below shows the one year performance of CIEN shares, versus its 200 day moving average: Ciena Corp 200 Day Moving Average Chart

Looking at the chart above, CIEN's low point in its 52 week range is $14.14 per share, with $27.94 as the 52 week high point - that compares with a last trade of $23.60.

According to the ETF Finder at ETF Channel, CIEN makes up 3.10% of the iShares North American Tech-Multimedia Networking ETF (Symbol: IGN) which is trading lower by about 1.3% on the day Monday.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas
More Headlines for: CIEN , IGN


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