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Juniper Networks (JNPR-N) Quote - Press Release

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Juniper Networks (JNPR) Crosses Pivot Point Support at $24.74

Comtex SmarTrend(R) - Thu Jan 16, 6:10PM CST

Shares of Juniper Networks (NYSE:JNPR) opened today below their pivot of $24.76 and have already reached the first level of support at $24.74. Investors may be interested in a cross of the next downside pivot targets of $24.58 and $24.40.

There is potential upside of 4.6% for shares of Juniper Networks based on a current price of $24.90 and an average consensus analyst price target of $26.04. The stock should hit resistance at its 200-day moving average (MA) of $25.42, as well as support at its 50-day MA of $24.80.

In the past 52 weeks, shares of Juniper Networks have traded between a low of $22.42 and a high of $28.77 and are now at $24.90, which is 11% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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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