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Uptrend Spotted in Shares of Citrix Systems (CTXS)

Written on Sat, 03/13/2010 - 12:10pm
By Chip Brian

SmarTrend identified an Uptrend for Citrix Systems (NASDAQ:CTXS) on December 22, 2009 at $40.66. In approximately 3 months, Citrix Systems has returned 18.3% as of today's recent price of $48.09.
Citrix Systems is currently above its 50-day moving average of $42.73 and above its 200-day moving average of $37.74. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Citrix Systems shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): CTXS

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