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

By David Diaz

Juniper Networks (NYSE:JNPR) crossed under its 10-day moving average of $24.58 on a volume of 3.5 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Juniper Networks share prices have been bracketed by a low of $21.18 and a high of $30.96 and are now at $23.80, 12% above that low price. 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