• Return to Headlines

Citrix Systems Bullish Moving Average Crossover Alert (CTXS)

By Shiri Gupta

Today, shares of Citrix Systems (NASDAQ:CTXS) have crossed bullishly above their 10-day moving average of $98.56 on a volume of 140K 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, Citrix Systems share prices have been bracketed by a low of $93.12 and a high of $116.82 and are now at $98.83, 6% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has slid 0.3%.

SmarTrend is monitoring the recent change of momentum in Citrix Systems. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Citrix Systems in search of a potential trend change.

Keywords: moving crosses Citrix Systems

Ticker(s): CTXS