Citrix's most recent trend suggests a bullish bias. One trading opportunity on Citrix is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 16.28% return on risk over the next 40 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock dropped below the $52.50 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 68.97 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citrix
Growth in Enterprise Software Space Due to Big Data, Cybersecurity and Cloud: A Wall Street Transcript Interview with Daniel Ives, a Managing Director in the Technology, Media and Telecom Research Group of FBR Capital Markets
Mon, 11 Nov 2013 16:38:00 GMT
Wall Street Transcript – 67 WALL STREET, New York – November 11, 2013 – The Wall Street Transcript has just published its Business and Application Software Report offering a timely review of the sector to serious investors and …
CITRIX SYSTEMS INC Financials
Sat, 09 Nov 2013 18:04:25 GMT
Wall Street Transcript Interview with Matthew Oakes, President, CEO and Director of Direct Insite Corp. (DIRI)
Fri, 08 Nov 2013 18:07:00 GMT
Wall Street Transcript – 67 WALL STREET, New York – November 8, 2013 – The Wall Street Transcript has just published its Business and Application Software Report offering a timely review of the sector to serious investors and …
Latest Top CEO Sells: Under Armour, Citrix Systems, Cabot Microelectronics, Actuant
Thu, 07 Nov 2013 14:28:00 GMT
Forbes – According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Under Armour Inc., Citrix Systems Inc., Cabot Microelectronics Corporation and Actuant Corp. Under Armour Inc. (UA): President, CEO and Chairman, 10% Owner Kevin A. Plank Sold 292,500 Shares President, CEO and Chairman, 10% Owner of Under Armour Inc. […]
Citrix shares should be bought at current levels, says Pacific Crest
Thu, 07 Nov 2013 13:57:09 GMT
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