JUNIPER NETWORKS INC (JNPR) Stock Technical Analysis
NYSE:JNPR - New York Stock Exchange, Inc. - US48203R1041 - Common Stock - Currency: USD
Taking everything into account, JNPR scores 1 out of 10 in our technical rating. JNPR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
JNPR is part of the Communications Equipment industry. There are 49 other stocks in this industry, of which 66% are performing better than JNPR.
JNPR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
JNPR has an average volume of 2483750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, JNPR turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
JNPR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JNPR is lagging the market.
In the last month JNPR has a been trading in a tight range between 35.50 and 36.40.
JNPR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 35.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 35.89, a Stop Loss order could be placed below this zone.
More info and screens
33.58
39.66
We found 1 important support area.
- A support zone ranging from 33.92 to 35.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 35.93 to 36.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 39.03 to 39.27. 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 | DOWN | NEGATIVE | The long term trend for JNPR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JNPR is neutral. |
| ChartMill Relative Strength | 43.79 | NEUTRAL | JNPR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JNPR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of JNPR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JNPR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.91 | NEUTRAL | The RSI value for JNPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests JNPR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.76 | NEUTRAL | The Stochastics value for JNPR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for JNPR suggests low volalility. |
| Average Directional Index/ADX (14) | 21.14 | NEUTRAL | The ADX value for JNPR suggests a possible start of a new 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)
35.92
+0.02 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.06%
1 Week0.31%
2 Weeks-0.08%
1 Month-0.5%
3 Month0.45%
6 Month-3.52%
12 Month1.3%
2 Year14.65%
3 Year26.04%
5 Year57.13%
10 Year38.31%
15 Year57.41%
Volatility
ATR(14)0.26
ATR(20)%0.75%
ATR Inc-17.74%
Range Today0.19
ADR(20)0.26
ADR(20)%0.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.79
Mansfield-0.82
10 Day High36.07
10 Day Low35.5
20 Day High36.4
20 Day Low35.5
52 Week High39.79
52 Week Low33.42
CS1 End35.89
CR1 Start35.93
Volume & EV
DER(3)1.22%
DER(5)2.5%
Volume1.43M
Volume Incr-11.71%
Vol(5)2.06M
Vol(50)2.48M