Citrix's most recent trend suggests a bearish bias. One trading opportunity on Citrix is a Bear Call Spread using a strike $60.00 short call and a strike $65.00 long call offers a potential 13.64% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $60.00 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 $65.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Citrix
Q3 2013 Citrix Systems Earnings Release – After Market Close
Wed, 23 Oct 2013 11:08:08 GMT
Stocks look technically sound amid earnings barrage
Wed, 23 Oct 2013 02:23:58 GMT
CNBC – Earnings reports from Boeing and dozens of other major companies could set the course for stocks Wednesday, as the Dow reaches for new highs.
VMware License Revenue Powers Q3 Earnings Beat
Tue, 22 Oct 2013 16:29:00 GMT
Investor's Business Daily – VMware License Revenue Powers Q3 Earnings Beat
Boeing, Caterpillar and AT&T Headline Wednesday's Earnings
Tue, 22 Oct 2013 12:21:00 GMT
Citrix Has Plenty to Prove
Tue, 22 Oct 2013 09:45:00 GMT
TheStreet – NEW YORK ( TheStreet ) — Desktop virtualization giant Citrix , whose stock is down 26% over the past month, is still struggling to meet investors' high expectations. There has always been plenty to like …
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