NYSE trade advice (C): US telecommunications equipment stock | 5-6% gain | USA stock trading picks on 31 Jul 2024

Date
July 31, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

Trading Tips for US Stocks

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Juniper Networks
  • 37.6 – 37.9
  • 39.5 – 40
  • Below 36.5
  • 5% – 6%
  • 12 - 14 Days
  • Buy
    Juniper Networks
  • Buy
    Range
    37.6 – 37.9
  • Target
    39.5 – 40
  • Stoploss
    Below 36.5
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    Juniper Networks (NYSE: JNPR) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • JNPR
  • Juniper Networks
  • Telecommunications Equipment
  • 38.04
  • 24.87
  • NYSE code JNPR
  • Stock Name Juniper Networks
  • Sector Telecommunications Equipment
  • 52 Weeks High 38.04
  • 52 Weeks Low 24.87
  • Juniper Networks (NYSE: JNPR) vs NYSE - Relative Strength Comparison

    The image showcases Juniper Networks's 1-year performance relative to NYSE.
    Relative Performance - Last 1 Year
    JNPR —   NYSE —

  • Juniper Networks (NYSE: JNPR) - Technical Analysis (Daily)

    Juniper Networks - Technical Analysis chart on Daily Price and Volume
    Juniper Networks - Technical Analysis chart on Daily Price and Volume

    • The stock price had previously dropped and created an Inverted Head & Shoulder pattern at the bottom, suggesting a potential change in trend.
    • With a huge gap up, the price broke through the pattern and then sustained above the gap.
    • While a brief price retracement is visible on the chart, the price quickly rebounded from the support level.
    • An Inverted Head & Shoulder pattern has been emerged during this phase and with a recent breakout the stock is now positioned to move higher.
  • Juniper Networks (NYSE: JNPR) - RSI Indicator

    Juniper Networks stock analysis based on RSI indicator
    Juniper Networks stock analysis based on RSI indicator

    • Current RSI of this stock is 69.65, which indicates the strength of buyers.

  • Juniper Networks (NYSE: JNPR) - ADX & DI Indicator

    Juniper Networks stock analysis based on ADX & DI indicator
    Juniper Networks - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Juniper Networks (NYSE: JNPR) - EMA Crossover

    Juniper Networks stock analysis based on EMA Crossover
    Juniper Networks - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Juniper Networks (NYSE: JNPR) Stock Price Forecast

    Based on our recommendations for the delivery based positional trading calls, Juniper Networks stock price target will be USD 39.5 - USD 40 in the next 12-14 trading sessions.

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  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Juniper Networks
  • 37.6 – 37.9
  • 39.5 – 40
  • Below 36.5
  • 5% – 6%
  • 12 - 14 Days
  • Buy Juniper Networks
  • Buy
    Range
    37.6 – 37.9
  • Target 39.5 – 40
  • Stoploss Below 36.5
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Juniper Networks
  • 37.6 – 37.9
  • 39.5 – 40
  • Below 36.5
  • 5% – 6%
  • 12 - 14 Days
  • Buy
    Juniper Networks
  • Buy
    Range
    37.6 – 37.9
  • Target
    39.5 – 40
  • Stoploss
    Below 36.5
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Juniper Networks (NYSE: JNPR) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • JNPR
  • Juniper Networks
  • Telecommunications Equipment
  • 38.04
  • 24.87
  • NYSE code JNPR
  • Stock Name Juniper Networks
  • Sector Telecommunications Equipment
  • 52 Weeks High 38.04
  • 52 Weeks Low 24.87
  • Company profile

    Juniper Networks, Inc. is a global provider of network products and services. It offers a range of routing and switching products, including ACX series routers for high-bandwidth services, MX series Ethernet routers for universal edge platforms, PTX series packet transport routers, and SDN controllers. Juniper also provides security products like SRX series services gateways, Branch SRX family firewalls, virtual firewalls, and advanced malware protection. The company also provides Junos OS, Contrail networking, Mist AI-driven Wired, Wireless, and WAN assurance solutions, Juniper Paragon Automation, and Juniper Apstra. Juniper sells its products through direct sales, distributors, value-added resellers, and original equipment manufacturers. Established in 1996, the company is headquartered in Sunnyvale, California.

  • Juniper Networks (NYSE: JNPR) vs NYSE - Relative Strength Comparison

    The image showcases Juniper Networks's 1-year performance relative to NYSE.
    Relative Performance - Last 1 Year
    JNPR —   NYSE —

  • Juniper Networks (NYSE: JNPR) - Technical Analysis (Daily)

    Juniper Networks - Technical Analysis chart on Daily Price and Volume
    Juniper Networks - Technical Analysis chart on Daily Price and Volume

    • The stock price had previously dropped and created an Inverted Head & Shoulder pattern at the bottom, suggesting a potential change in trend.
    • With a huge gap up, the price broke through the pattern and then sustained above the gap.
    • While a brief price retracement is visible on the chart, the price quickly rebounded from the support level.
    • An Inverted Head & Shoulder pattern has been emerged during this phase and with a recent breakout the stock is now positioned to move higher.
  • Juniper Networks (NYSE: JNPR) - RSI Indicator

    Juniper Networks stock analysis based on RSI indicator
    Juniper Networks stock analysis based on RSI indicator

    • Current RSI of this stock is 69.65, which indicates the strength of buyers.

  • Juniper Networks (NYSE: JNPR) - ADX & DI Indicator

    Juniper Networks stock analysis based on ADX & DI indicator
    Juniper Networks - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Juniper Networks (NYSE: JNPR) - EMA Crossover

    Juniper Networks stock analysis based on EMA Crossover
    Juniper Networks - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Juniper Networks (NYSE: JNPR) Stock Price Forecast

    Based on our recommendations for the delivery based positional trading calls, Juniper Networks stock price target will be USD 39.5 - USD 40 in the next 12-14 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website