[May 25, 2012] Ciena Shares Down 17.6% Since SmarTrend's Sell Call (CIEN) Tweet May 25, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Ciena (NASDAQ:CIEN) on May 2nd, 2012 at $14.44. In approximately 3 weeks, Ciena has returned 17.59% as of today's recent price of $11.90. In the past 52 weeks, shares of Ciena have traded between a low of $9.89 and a high of $27.27 and are now at $11.90, which is 20% above that low price. The 200-day and 50-day moving averages have moved 0.03% lower and 1.59% lower over the past week, respectively. Ciena Corporation develops and markets communications network platforms and software, and offers professional services. The Company's broadband access, data and optical networking platforms, software tools, and global network services support worldwide telecom and cable/MSO services providers, and enterprise and government networks. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Ciena. Log in and add Ciena (CIEN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]