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TMCNet:  Citrix Systems Has Returned 21.5% Since SmarTrend Recommendation (CTXS)

[November 13, 2012]

Citrix Systems Has Returned 21.5% Since SmarTrend Recommendation (CTXS)

Nov 13, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Citrix Systems (NASDAQ:CTXS) on October 4th, 2012 at $73.92. In approximately 1 month, Citrix Systems has returned 21.52% as of today's recent price of $58.01.

In the past 52 weeks, Citrix Systems share prices have been bracketed by a low of $56.79 and a high of $87.99 and are now at $58.01, 2% above that low price. Over the past week, 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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