Juniper Networks Inc (JNPR): Price Now Near $19.81; Daily Chart Shows An Uptrend on 20 Day Basis

The Hourly View for JNPR

At the time of this writing, JNPR’s price is up $0.08 (0.41%) from the hour prior. The hourly chart shows that JNPR has seen 2 straight up hours. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

JNPR’s Technical Outlook on the Daily Chart

Currently, JNPR’s price is down $-0.22 (-1.01%) from the day prior. This move is a reversal from the day prior, which saw price move up. Regarding the trend, note that the strongest trend exists on the 100 day timeframe. 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.

JNPR

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