Juniper Networks, Inc.(JNPR) is in an uptrend but could lose its momentum

(23-May-2008) (23-May-2008) Juniper Networks, Inc.(JNPR) closed at 28.02, up 0.74 or 2.71 % for the day. Based on our analysis, Juniper Networks, Inc.(JNPR) is in an uptrend but could lose its momentum.

The closing price of Juniper Networks, Inc.(JNPR) is above its 50 day moving average of 25.95 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) below the signal line(Dark Red Line) tells us that Juniper Networks, Inc.(JNPR) is losing momentum. Sustained loss of momentum could put the uptrend at risk. The MACD histogram crossed below the signal line on 20-May-2008, about 6 trading days ago.