Citrix's most recent trend suggests a bearish bias. One trading opportunity on Citrix is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 12.36% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock rose above the $67.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Citrix is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Citrix is bearish.
The RSI indicator is at 53.56 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citrix
Citrix Executives to Present at Upcoming Investor Conferences
Mon, 02 Jun 2014 21:11:00 GMT
Business Wire – Citrix Systems, Inc. today announced that executives will attend two upcoming investor conferences.
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Mon, 02 Jun 2014 11:07:32 GMT
Zacks – Neonode has seen negative earnings estimate revisions for the current quarter along with a significant decline in its share price for the past month
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Fri, 30 May 2014 15:30:00 GMT
VMware Could ‘Mow Down' Citrix Systems In Desktop
Thu, 29 May 2014 18:17:00 GMT
Investor's Business Daily – VMware can “mow down” rival Citrix Systems in the desktop virtualization market. So concludes Mark Murphy, a Piper Jaffray analyst, who on Thursday raised his rating on VMware (VMW) stock from …
VMware: Piper Sees Best Product Lineup in Years For Stock That's Gone Nowhere
Thu, 29 May 2014 18:09:00 GMT
Barrons.com – Shares of VMware (VMW) are up $2.56, or 2.7%, at $98.59, after Piper Jaffray's Mark Murphy today raised his rating on the stock to Overweight from Neutral, and set an $111 price target, writing that among the positive factors, there is a “solid set-up for a Q2 bookings rebound” and “Mware's opportunity to mow down Citrix [Systems (CTXS)] is more tangible than investors realize.” Murphy writes that the stock hasn't gone anywhere in three years: VMW shares currently trade at $96, the same level they were at in May of 2011. As the chart below shows, adoption rates moved materially higher in our most recent survey, and posted an all-time high with 79% of partners describing increasing adoption of VMware's Management offerings.
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