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Juniper Networks Bullish Moving Average Crossover Alert (JNPR)

By Amy Schwartz

Juniper Networks (NASDAQ:JNPR) shares have crossed bullishly above their 10-day moving average of $29.47 on a volume of 735K shares. This may provide swing traders with an opportunity 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 $21.17 and a high of $32.39 and are now at $29.79, 41% above that low price. Over the last five market days, 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