18 Jan CIEN Makes Bullish Cross Above Critical Moving Average
In trading on Wednesday, shares of Ciena Corp (Symbol: CIEN) crossed above their 200 day moving average of $22.97, changing hands as high as $22.99 per share. Ciena Corp shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of CIEN shares, versus its 200 day moving average:
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 $22.91. According to the ETF Finder at ETF Channel, CIEN makes up 152.12% of the First Trust Nasdaq Smartphone Index Fund ETF (Symbol: FONE) which is trading up by about 0.8% on the day Wednesday.
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