Citrix's most recent trend suggests a bearish bias. One trading opportunity on Citrix is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 11.11% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock rose above the $67.50 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 38.03 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citrix
Citrix (CTXS) Slides on Soft Guidance, Beats on Earnings
Wed, 29 Jan 2014 22:31:00 GMT
TheStreet – Better-than-expected Citrix (CTXS) earnings weren't enough for Wall Street; the cloud computing specialist's stock slid after issuing soft guidance for the year ahead.
4:17 pm Citrix Systems beats by $0.06, reports revs in-line; guides Q1 below consensus; guides FY14 below consensus
Wed, 29 Jan 2014 21:57:30 GMT
Citrix Reports Fourth Quarter and Fiscal Year Financial Results
Wed, 29 Jan 2014 21:53:38 GMT
noodls – Quarterly revenue of $802 million up 8 percent year over year Fourth quarter GAAP diluted earnings per share of $0.74 up 23 percent year over year Fourth quarter non-GAAP diluted earnings per share of …
Q4 2013 Citrix Systems Inc Earnings Conference call (Webcast)
Wed, 29 Jan 2014 21:40:00 GMT
Seeking Alpha – The following audio is from a conference call that will begin on January 29, 2014 at 16:45 PM ET. The audio will stream live while the call is active, and can be replayed upon its completion.
Stock market live blog: Stocks fall further after Fed; S&P 500 undercuts 1,775
Wed, 29 Jan 2014 21:27:00 GMT
MarketWatch – Follow MarketWatch's live blog of the U.S. stock market Wednesday.
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