Citrix's most recent trend suggests a bearish bias. One trading opportunity on Citrix is a Bear Call Spread using a strike $67.50 short call and a strike $72.50 long call offers a potential 13.64% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $67.50 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 rose above the $72.50 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 21.7 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citrix
Citrix Systems' GoToMeeting Now on Android Smartwatch
Thu, 16 Oct 2014 18:30:02 GMT
Zacks – Citrix Systems, Inc. (CTXS) has announced that its GoToMeeting mobile application can now be used by Android smartwatch users.
Citrix NetScaler AppFirewall Earns “Recommended” Rating in NSS Labs Web Application Firewall Test
Wed, 15 Oct 2014 12:19:10 GMT
noodls – NetScaler Delivers High-Performance, Cost-Effective Protection for Web Assets and Mobile Web Applications SANTA CLARA, Calif.–(BUSINESS WIRE)– Citrix today announced that the NetScaler AppFirewall™ web …
Citrix NetScaler AppFirewall Earns “Recommended” Rating in NSS Labs Web Application Firewall Test
Wed, 15 Oct 2014 12:00:00 GMT
Business Wire – Citrix today announced that the NetScaler AppFirewall™ web application security solution has completed testing by NSS Labs, the world’s leading information security research and advisory company.
GoToMeeting Available For New Android Smartwatches
Wed, 15 Oct 2014 12:00:00 GMT
Business Wire – Citrix today announced its popular GoToMeeting mobile application is available for a new line of Android Wear smartwatches. GoToMeeting is a convenient and simple to use online meeting tool, customized for mobile and wearable experiences.
Citrix Systems Banks on Virtualization, Cloud; Adds Products
Mon, 13 Oct 2014 17:20:02 GMT
Zacks – On Oct 10, 2014, we issued an updated research report on Citrix Systems, Inc. (CTXS), a leading provider of virtualization, networking and cloud computing solutions in the U.S.
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