CIEN
Ciena Corporation · Technology · Communication Equipment
TECHBuyZACKSStrong Buy
R500#25 today
$391.34
+3.22% today · +9.65% 1W
Oct 2 close or latest
PreviewWhy it's moving
Outperforming without a clear catalyst yet
- CIEN +3.22% on the last session vs SPY +0.74%: +2.5 pts of stock-specific move.
- Aftermath, crossed above 200-day avg (Oct 2): After its 13 crosses above the 200-day average in the past 5 years, CIEN typically gained 1.1% over the next week (median) and was higher 54% of the time; half the outcomes fell between -1.0% and +2.9%. An ordinary week: +0.9%. Among S&P 500 stocks after crosses above the 200-day average, that ranks #119 of 497.
- Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.
Assembled from Wallsti's own signals.
CIEN against the S&P 500 components
| Window | Rank of 500 | Position | Gain | SPY gain |
|---|---|---|---|---|
| 1 day | #25 | +3.22% | +0.74% | |
| 1 week | #15 | +9.65% | -0.22% | |
| 1 month | #48 | +10.50% | +0.84% | |
| 3 months | #297 | -7.37% | +3.59% | |
| 6 months | #413 | -12.60% | +17.95% | |
| 1 year | #16 | +156.35% | +16.25% | |
| Overall | #69 | sum of the six window ranks, ranked again | ||
R500 ranks the stock's gain over each window against the S&P 500 components over the same window (#1 = best). Near-real-time during market hours.
Fundamentals Communication Equipment
| Metric | Value | Rank in S&P 500 | Rank in industry |
|---|---|---|---|
| Targeted Gain Median | 0.37 | #63 | #1 |
| fPE/tPE | 0.38 | #48 | #1 |
| PE/G | 0.40 | #24 | #1 |
| EV/Revenue | 9.33 | #76 | #2 |
| Gross Margin | 0.44 | #260 | #5 |
| Profit Margin | 0.11 | #305 | #3 |
| Revenue Growth | 0.37 | #49 | #2 |