JUNIPER NETWORKS INC (JNPR) Stock Technical Analysis
NYSE:JNPR - New York Stock Exchange, Inc. - US48203R1041 - Common Stock - Currency: USD
Overall JNPR gets a technical rating of 7 out of 10. JNPR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
JNPR is part of the Communications Equipment industry. There are 50 other stocks in this industry, of which 65% are performing better than JNPR.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
JNPR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month JNPR has a been trading in the 35.50 - 39.96 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
JNPR has an average volume of 2969900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, JNPR outperforms 66% of them, which is more or less in line with the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although JNPR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
34.04
40.36
When analyzing the support we can see 3 important areas.
- Strong support @38.81 from a horizontal line in the daily time frame.
- A support zone ranging from 35.43 to 37.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.38 to 34.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.96 to 39.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for JNPR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JNPR is up. |
| ChartMill Relative Strength | 66.27 | NEUTRAL | JNPR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JNPR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JNPR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JNPR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 88.27 | OVERBOUGHT | The high RSI value suggests JNPR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests JNPR has a positive trend. |
| Stochastics (14,3) | 92.47 | OVERBOUGHT | The high Stochastics value suggests JNPR may be overbought. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for JNPR suggests low volalility. |
| Average Directional Index/ADX (14) | 30.02 | POSITIVE | The high ADX value value for JNPR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
39.95
+0.02 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.05%
1 Week9.27%
2 Weeks10.91%
1 Month11.37%
3 Month17.67%
6 Month5.27%
12 Month8.8%
2 Year43.71%
3 Year42.53%
5 Year57.41%
10 Year40.57%
15 Year43.81%
Volatility
ATR(14)0.47
ATR(20)%1.03%
ATR Inc420.77%
Range Today0.04
ADR(20)0.25
ADR(20)%0.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.27
Mansfield0.04
10 Day High39.96
10 Day Low35.82
20 Day High39.96
20 Day Low35.5
52 Week High39.96
52 Week Low33.42
CS1 End38.81
CR1 Start39.96
Volume & EV
DER(3)0.87%
DER(5)0.34%
Volume9.45M
Volume Incr295.93%
Vol(5)8.93M
Vol(50)2.97M