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Bullish Two Hundred Day Moving Average Cross - CIEN


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In trading on Wednesday, shares of Ciena Corp (Symbol: CIEN) crossed above their 200 day moving average of $22.93, changing hands as high as $23.31 per share. Ciena Corp shares are currently trading up about 2.1% 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 $19.4001 per share, with $27.98 as the 52 week high point - that compares with a last trade of $23.14.

According to the ETF Finder at ETF Channel, CIEN makes up 3.85% of the iShares North American Tech-Multimedia Networking ETF (Symbol: IGN) which is trading up by about 1% on the day Wednesday.

Click here to find out which 9 other stocks recently crossed above 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
Referenced Symbols: CIEN , IGN


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