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Archive
- 4/26/2024 -
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Juniper Neworks Inc. (JNPR) Technical Analysis
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| Summary:
| | Weekly : | | Daily : 
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| | It was the negative week for the Juniper Neworks Inc. (JNPR). During the week, the JNPR dropped -1.35 points, or -3.74%, and closed at 34.71 on Friday, April 26, 2024. JNPR was trading at average weekly trading volume.
 Long-term trend: [See JNPR long-term trend chart]
A long-term uptrend had started on October 26, 2023 at 24.87 and reached 38.04 on January 12, 2024. JNPR gained -13.17 points, or -52.96%, in 11 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See JNPR medium-term trend chart]
A medium-term downtrend had started on January 12, 2024 at 38.04 and reached 34.50 on April 26, 2024. JNPR lost 3.54 points, or 9.31%, in 15 weeks. The price is now at the 5.93% retracement level.
 Weekly Technical Indicators: [See JNPR weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since April 12, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See JNPR short-term trend chart]
A short-term downtrend had started on April 9, 2024 at 37.26 and reached 34.50 on April 26, 2024. JNPR lost 2.76 points, or 7.41%, in 17 days. The price is now at the 7.61% retracement level.
 Daily Technical Indicators: [See JNPR daily technical indicators chart]
Daily Williams' Percentage Range is oversold while Relative Strength Index and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily Relative Strength Index and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The daily MACD line is below its signal line since January 25, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.
The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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