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 ยป

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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