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Juniper Networks Bullish Moving Average Crossover Alert (JNPR)

By James Quinn

Juniper Networks (NYSE:JNPR) shares have crossed bullishly above their 10-day moving average of $24.20 on a volume of 793K 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, shares of Juniper Networks have traded between a low of $21.18 and a high of $30.96 and are now at $24.55, which is 16% above that low price. 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 recommended that its subscribers protect gains by selling shares of Juniper Networks on January 31st, 2018 by issuing a Downtrend alert when the shares were trading at $25.68. Since that call, shares of Juniper Networks have fallen 6.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses Juniper Networks

Ticker(s): JNPR