TMCnet News
Downtrend Call Working As Juniper Networks Stock Falls 13.3% (JNPR)May 18, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Juniper Networks (NASDAQ:JNPR) on April 23rd, 2012 at $20.30. In approximately 4 weeks, Juniper Networks has returned 13.30% as of today's recent price of $17.60. Juniper Networks share prices have moved between a 52-week high of $45.01 and a 52-week low of $16.67 and are now trading 6% above that low price at $17.60 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.5% while the 200-day MA has slid 0.5%. Juniper Networks, Inc. provides Internet infrastructure solutions for Internet service providers and other telecommunications service providers. The Company offers network infrastructure solutions that includes IP routing, Ethernet switching, security and application acceleration solutions. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Juniper Networks. Log in and add Juniper Networks (JNPR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |
