The Hourly View for JNPR
At the moment, JNPR’s price is down $-0.13 (-0.54%) from the hour prior. This is the 2nd hour in a row JNPR has seen its price head down. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
JNPR’s Technical Outlook on the Daily Chart
At the moment, JNPR’s price is down $-0.15 (-0.63%) from the day prior. JNPR has seen its price go down 5 out of the past 5 days, thus creating some compelling opportunities for bears. Regarding the trend, note that the strongest trend exists on the 100 day timeframe. Most noteworthy in the world of moving averages on the daily chart is that the 50 day moving average has been crossed, so that price is now turning below it. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Juniper Networks Inc’s price action over the past 90 days can be seen via the chart below.
For JNPR News Traders
News traders keeping an eye on JNPR may find value in this recent story:
Readers hoping to buy Juniper Networks, Inc. ( NYSE:JNPR ) for its dividend will need to make their move shortly, as…
Want More Great Investing Ideas?