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Juniper Networks (JNPR) Crosses Pivot Point Support at $26.71

By Amy Schwartz

Juniper Networks (NYSE:JNPR) has opened bearishly below the pivot of $26.84 today and has reached the first level of support at $26.71. Investors may be interested in a cross of the next downside pivot targets of $26.57 and $26.30.

Juniper Networks (NYSE:JNPR) is currently priced 2.1% above its average consensus analyst price target of $26.04. Juniper Networks shares should encounter resistance at the 200-day moving average (MA) of $26.71 and support at the 50-day MA of $24.65.

In the past 52 weeks, shares of Juniper Networks have traded between a low of $21.18 and a high of $30.96 and are now at $26.61, which is 26% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.6%.

SmarTrend is monitoring the recent change of momentum in Juniper Networks. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Juniper Networks in search of a potential trend change.

Keywords: pivot alerts Juniper Networks

Ticker(s): JNPR