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Juniper Networks (JNPR-N) Quote - Press Release

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SmarTrend Watching for Potential Rebound in Shares of Juniper Networks After 1.25% Loss

Comtex SmarTrend(R) - Fri Jan 3, 11:38AM CST

Juniper Networks (NYSE:JNPR) traded in a range yesterday that spanned from a low of $24.25 to a high of $24.51. Yesterday, the shares fell 1.3%, which took the trading range below the 3-day low of $24.37 on volume of 1.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Over the past year, Juniper Networks has traded in a range of $22.42 to $28.77 and is now at $24.29, 8% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

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.

Write to SmarTrend at cs@mysmartrend.com

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