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 $57.50 long put offers a potential 6.38% return on risk over the next 9 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 $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $57.50 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 63.67 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citrix
As MobileIron Stock Climbs In IPO, Its CEO Calls Enterprise Investors ‘Discerning,' Not ‘Depressed'
Thu, 12 Jun 2014 21:19:00 GMT
Leader in Enterprise Mobility Management Celebrates IPO at NASDAQ
Thu, 12 Jun 2014 15:57:30 GMT
SAP, German Football Association Use Big Data for FIFA Training
Thu, 12 Jun 2014 12:20:09 GMT
Zacks – The German Football Association and SAP AG (SAP) have come together to unveil a novel platform called SAP Match Insights
Citrix Named HP AllianceONE Servers-Moonshot Partner of the Year
Thu, 12 Jun 2014 12:00:00 GMT
Business Wire – Citrix today announced that it has been awarded the HP AllianceONE Partner of the Year award in the Servers-Moonshot category. Citrix and HP have collaborated on the development of the HP Converged System 100 for Hosted Desktops with Citrix XenDesktop®.
Mobile manager firm to IPO as tech stocks rebound
Wed, 11 Jun 2014 17:46:12 GMT
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