TMCNet:  18.6% Return Seen to Date on SmarTrend Citrix Systems Call (CTXS)

[November 20, 2012]

18.6% Return Seen to Date on SmarTrend Citrix Systems Call (CTXS)

Nov 20, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Citrix Systems (NASDAQ:CTXS) on October 4th, 2012 at $73.92. In approximately 2 months, Citrix Systems has returned 18.57% as of today's recent price of $60.19.


Over the past year, Citrix Systems has traded in a range of $56.57 to $87.99 and is now at $60.19, 6% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.1%.

Citrix Systems, Inc. designs, develops, and markets technology solutions that allow applications to be delivered, supported, and shared on-demand. The Company develops and markets comprehensive solutions across all dimensions of application, server and desktop virtualization as well as application and network optimization.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Citrix Systems.

Log in and add Citrix Systems (CTXS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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