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How Juniper Is Trading in Comparison to Moving Averages

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Jul. 11 2017, Updated 10:38 a.m. ET

Stock trends

Juniper Networks (JNPR) has generated investor returns of -2.5% in the trailing-one-month period and 29.6% in the trailing-12-month period. The stock has risen 1% since the start of 2017 after generating returns of 25.5% in 2015 and 4.1% in 2016. Juniper’s share price has risen 2.3% on a trailing-five-day basis.

In comparison, Ericsson (ERIC), Nokia (NOK), and US-based (SPY) Cisco (CSCO), peer companies in the communications equipment subsector, generated returns of -36.0%, -28%, and 15.2%, respectively, in 2016.

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Moving averages

On July 7, 2017, Juniper Networks closed the trading day at $28.45. Here’s how the stock fared in terms of its moving averages:

  • 1% below its 100-day moving average of $28.71
  • 3.2% below its 50-day moving average of $29.39
  • 0.1% above its 20-day moving average of $28.42

MACD and RSI

Juniper has a MACD (moving average convergence divergence) score of -0.36. MACD is the difference between a firm’s short-term and long-term moving averages. A negative MACD figure indicates a falling trading trend.

The company’s 14-day relative strength index (or RSI) is 47, which shows the stock is entering oversold territory. Generally, if a stock’s RSI is above 70, it indicates that the stock is overbought. An RSI figure below 30 suggests that a stock is oversold.

How do analysts view Juniper Networks?

Of the 30 analysts covering Juniper Networks, nine have given it a “buy” recommendation, two have given it a “sell,” and 19 have given it a “hold.” Analysts’ target price for the company is $30.96, and their median target estimate is $31. Juniper Networks is trading at a discount of 9% to its median target price.

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