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 17.65% return on risk over the next 30 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 $0.75 would be kept by the premium seller. The risk of $4.25 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
Citrix CEO Takes Leave of Absence
Thu, 17 Oct 2013 19:27:59 GMT
Motley Fool – The death of his son leads Mark B. Templeton to take a leave. CFO takes up the reins in his absence.
Google And Android: Powering The Next Generation Of Internet Connected Things
Thu, 17 Oct 2013 13:58:00 GMT
Forbes – When thinking about the future of technology, it’s hard to imagine a future where most things aren’t connected to the Internet. Not because it’s fashionable, or because many of the largest technology companies are spending big money promoting the concept. Call it a fundamental law of things; if it can […]
Citrix Systems CEO to take leave of absence
Wed, 16 Oct 2013 22:35:31 GMT
AP – Citrix Systems Inc.'s President and CEO Mark Templeton will take a temporary leave of absence after the death of his 27-year-old son, the cloud computing company said Wednesday. David Henshall, the company's …
Citrix Systems CEO to take leave of absence
Wed, 16 Oct 2013 22:35:31 GMT
AP – Citrix Systems Inc.'s President and CEO Mark Templeton will take a temporary leave of absence after the death of his 27-year-old son, the cloud computing company said Wednesday. David Henshall, the company's …
Citrix CEO takes leave of absence due to son's death
Wed, 16 Oct 2013 22:27:37 GMT
Reuters – (Reuters) – Cloud computing software maker Citrix Systems Inc said Chief Executive Mark Templeton is taking temporary leave of absence due to the death of a family member. Templeton's son Pierce, the youngest …
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