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Juniper Networks Crosses Below its 10-day MA (JNPR)

By Nick Russo

Juniper Networks (NASDAQ:JNPR) crossed under its 10-day moving average of $28.16 on a volume of 648K shares. This may provide swing traders with 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 32% above that low price at $28.04 per share. 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