Citrix's most recent trend suggests a bullish bias. One trading opportunity on Citrix is a Bull Put Spread using a strike $62.50 short put and a strike $55.00 long put offers a potential 13.64% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $6.60 would be incurred if the stock dropped below the $55.00 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 23.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citrix
Citrix Acquires RightSignature to Streamline Workflows
Mon, 20 Oct 2014 21:07:37 GMT
noodls – SANTA CLARA, Calif.–(BUSINESS WIRE)– Citrix today announced that it has completed its acquisition of RightSignature, a leading cloud-based electronic signature company located in Santa Barbara, Calif. …
4:07 pm Citrix Systems acquires RightSignature to streamline workflows; terms of the acquisition were not disclosed
Mon, 20 Oct 2014 20:07:00 GMT
Citrix Acquires RightSignature to Streamline Workflows
Mon, 20 Oct 2014 20:05:00 GMT
Business Wire – Citrix today announced that it has completed its acquisition of RightSignature, a leading cloud-based electronic signature company located in Santa Barbara, Calif. RightSignature,
Can Citrix Systems (CTXS) Keep its Earnings Streak Alive?
Mon, 20 Oct 2014 18:00:02 GMT
VMware, With EMC In Control, May Post Lower Q3 EPS
Mon, 20 Oct 2014 16:13:00 GMT
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