Ciena shares show bullish reversal after rally, testing support for further gains.

Shares of Ciena Corporation recently triggered a monthly bullish reversal after surpassing September's high and reclaiming the 200-day moving average. Despite a pullback below a short-term low, this retreat is seen as a healthy test of prior resistance now acting as support, offering a buying opportunity. Key support levels include the 200-day moving average near $397.50 and the monthly higher low at $350.68. If resistance at $462.69 is broken, the stock could target higher levels, including a peak near $637.51, signaling a potential continuation of the uptrend.

Ciena Corporation trades at USD 404.77 on Pluang as of Oct 13, 2026 04:01 WIB, down 10.01% in one day. The stock's 52-week high is USD 627.00, near the article's mentioned target of USD 637.51. Pluang data shows a market cap of $63.78 billion and a strong sell sentiment with 74% of orders being sell.