Thursday, February 28, 2008

Juniper Networks, Inc.(JNPR) has rising momentum with an uptrend

(28-Feb-2008) (28-Feb-2008) Juniper Networks, Inc.(JNPR) closed at 29.29, up 1.78 or 6.47 % for the day. Based on our analysis, Juniper Networks, Inc.(JNPR) has rising momentum with an uptrend.

The closing price of Juniper Networks, Inc.(JNPR) is above its 50 day moving average of 28.71 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Juniper Networks, Inc.(JNPR) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 8-Feb-2008, about 14 trading days ago.

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