Citrix's most recent trend suggests a bullish bias. One trading opportunity on Citrix is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 5.26% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $50.00 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 42.89 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citrix
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Wed, 02 Apr 2014 21:39:34 GMT
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Wed, 02 Apr 2014 13:47:41 GMT
Design Thinking: A Unified Framework For Innovation
Mon, 31 Mar 2014 15:30:00 GMT
Forbes – Over the years the question of what makes some companies, and the people within, more or less creative than others has been studied ad nauseam. The idea of innovation within business has long been thrown around, it’s a kind of catchall term used for everything a company must do continue […]
VMware Is Worth Buying
Fri, 28 Mar 2014 04:13:00 GMT
Microsoft: Mobile Management Offering a Risk for Citrix, VMware, CA, Says Bernstein
Wed, 26 Mar 2014 20:41:00 GMT
Barrons.com – Bernstein Research's Mark Moerdler today reiterates an Outperform rating on shares of Microsoft (MSFT), and on Citrix Systems (CTXS), but also Underperform ratings on VMware (VMW) and CA (CA), after reflecting on an article today by ZDNet's Mary Jo Foley saying Microsoft is about to jump into mobile device management. Foley writes that Microsoft CEO Satya Nadella may discuss something called the “Microsoft Enterprise Mobility Suite” during a press conference tomorrow. The Street in the last week has been fixated on the prospect of Microsoft using the event to unveil a version of Microsoft Office for Apple's (AAPL) iPad.
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