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Bullish Moving Average Cross by Citrix Systems (CTXS)

By Shiri Gupta

Citrix Systems (NASDAQ:CTXS) crossed over its 10-day moving average of $84.11 on a volume of 138K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Citrix Systems have traded between a low of $60.91 and a high of $90.00 and are now at $84.21, which is 38% above that low price. The 200-day and 50-day moving averages have moved 0.30% higher and 1.20% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Citrix Systems and will alert subscribers who have CTXS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Citrix Systems

Ticker(s): CTXS