Citrix's most recent trend suggests a bullish bias. One trading opportunity on Citrix is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 13.64% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $72.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Citrix is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Citrix is bullish.
The RSI indicator is at 29.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citrix
Citrix to Present at Upcoming Investor Conferences
Thu, 09 Feb 2017 21:05:00 GMT
Business Wire – Citrix Systems, Inc. today announced that executives will attend three upcoming investor conferences.
What Makes Citrix Systems (CTXS) a Strong Sell?
Thu, 09 Feb 2017 13:52:01 GMT
CITRIX SYSTEMS INC Financials
Wed, 08 Feb 2017 18:04:08 GMT
Global Study Confirms Security Technology Outdated and Inadequate to Handle Today’s Threats
Tue, 07 Feb 2017 17:00:00 GMT
Business Wire – There is no one-size-fits-all security solution to address the threat landscape today’s businesses face. Each organization has unique security obstacles and obligations. Billions of dollars have been invested into IT security solutions and increasing annual security budgets has been an imperative.
Is Citrix Systems Still a ‘Go To' Stock?
Mon, 06 Feb 2017 16:38:00 GMT
TheStreet – Shares plunged following last week's spinoff.
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