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Bullish Moving Average Cross by Juniper Networks (JNPR)

By Amy Schwartz

Today, shares of Juniper Networks (NASDAQ:JNPR) have advanced above their 10-day MA of $27.82 on a volume of 975K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Juniper Networks has traded in a range of $21.17 to $32.39 and is now at $28.13, 33% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.3%.

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