Juniper Networks (NYSE: $JNPR) Stock Movement
Juniper Networks, Inc. engages in the business of designing, developing, and selling products and services for high-performance networks to enable customers to build networks for their businesses while achieving agility and improved operating efficiency through automation. The firm also offers routing, switching, Wi-Fi, network security, artificial intelligence-enabled enterprise networking operations, and software-defined networking technologies. The company was founded by Pradeep S. Sindhu on February 6, 1996 and is headquartered in Sunnyvale, CA.
Price Momentum
JNPR is trading near the bottom of its 52-week range and below its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price lower, and the stock still appears to have downward momentum. This is a negative sign for the stock's future value.
Juniper
12/12/21 JNPRJuniper Networks, Inc. ( NYSE:JNPR )
Sector: Technology Services (Information Technology Services)
Market Capitalization: 11.056B
Current Price: $34.00
Breakout price: $34.00 (hold above)
Buy Zone (Top/Bottom Range): $32.60-$30.70
Price Target: $39.20-$40.60
Estimated Duration to Target: 245-260d
Contract of Interest: $JNPR 1/20/23 35c
Trade price as of publish date: $3.90/contract
JNPR - Juniper networks - short term bullish may go to 25 levelMay go to 25 level before tracing back to 23/22 levels which are its long term support level.
JNPR Juniper Networks IncThere are nice gap to trade here. As soon as the gap filled it would resume the direction it is going.
JNPR on bounce200 dma bounce and support, weekly looks good may be worth a longer term trade…..technically suggest checking the fundamentals to insure earnings growth
