Citrix's most recent trend suggests a bullish bias. One trading opportunity on Citrix is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 5.26% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $62.50 long put 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 up which suggests that the medium-term momentum for Citrix is bullish.
The RSI indicator is at 75.23 level which suggests that the stock is neither overbought nor oversold at this time.
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Citrix Named a Leader in Server-Hosted Virtual Desktops (VDI) Report by Independent Research Firm
Wed, 23 Sep 2015 19:35:05 GMT
noodls – Achieved Highest Score among All Evaluated Vendors in Strategy and Current Offering Categories SANTA CLARA, Calif.–(BUSINESS WIRE)– Today, Citrix announced that the company has been named as a leader …
Citrix Named a Leader in Server-Hosted Virtual Desktops (VDI) Report by Independent Research Firm
Wed, 23 Sep 2015 19:00:00 GMT
Business Wire – Today, Citrix announced that the company has been named as a leader in the Forrester Research, Inc. report, The Forrester Wave™: Server-Hosted Virtual Desktops , Q3 2015. The report evaluated seven vendors based on 26 criteria, including current offering, strategy and market presence.
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