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

By James Quinn

Juniper Networks (NASDAQ:JNPR) shares have crossed bearishly below their 10-day moving average of $27.53 on a volume of 438K 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 $27.35, 29% above that low price. The 200-day and 50-day moving averages have moved 0.27% lower and 0.63% lower over the past week, respectively.

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