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Bullish Moving Average Cross by Juniper Networks (JNPR)

By Amy Schwartz

Today, shares of Juniper Networks (NYSE:JNPR) have crossed bullishly above their 10-day moving average of $23.68 on a volume of 178K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Juniper Networks share prices have been bracketed by a low of $22.42 and a high of $30.80 and are now at $23.86, 6% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has slid 0.2%.

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