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

By David Diaz

Juniper Networks (NASDAQ:JNPR) crossed under its 10-day moving average of $23.11 on a volume of 2.4 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Juniper Networks has traded in a range of $21.49 to $32.39 and is now at $22.88, 6% above that low. 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