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Bearish Moving Average Cross by Juniper Networks (JNPR)

By Amy Schwartz

Today, shares of Juniper Networks (NYSE:JNPR) have fallen below their 10-day MA of $26.13 on a volume of 3.3 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Juniper Networks share prices have moved between a 52-week high of $30.96 and a 52-week low of $21.18 and are now trading 21% above that low price at $25.54 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.6%.

SmarTrend is tracking the current trend status for Juniper Networks and will alert subscribers who have JNPR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Juniper Networks

Ticker(s): JNPR