CITRIX SYSTEMS INC. - Daily - Technical analysis published on 07/09/2019 (GMT)
- Who voted?
- 303
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
CITRIX SYSTEMS INC. Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
44%
22%
33%
My opinion
Bullish above 97.40 USD
My targets
99.56 USD (+0.61%)
106.07 USD (+7.18%)
My analysis
The current short-term bullish acceleration on CITRIX SYSTEMS INC. should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 97.40 USD. Short-term buyers will use the resistance located at 99.56 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 106.07 USD. Crossing this resistance would then open the door for buyers to target 108.74 USD. Caution, if there is a return to under 97.40 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay.
Additional analysis
Quotes
CITRIX SYSTEMS INC. rating 98.96 USD. On the day, this instrument lost -0.02% and was traded between 97.86 USD and 98.98 USD over the period. The price is currently at +1.12% from its lowest and -0.02% from its highest.97.86
98.98
98.96
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CITRIX SYSTEMS INC.:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of CITRIX SYSTEMS INC. indicates that the overall trend is not clearly defined. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 8 are bullish, 6 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 93.48 | 95.35 | 97.40 | 98.96 | 99.56 | 106.07 | 108.74 |
| Change (%) | -5.54% | -3.65% | -1.58% | - | +0.61% | +7.18% | +9.88% |
| Change | -5.48 | -3.61 | -1.56 | - | +0.60 | +7.11 | +9.78 |
| Level | Intermediate | Minor | Major | - | Major | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 96.96 | 97.69 | 98.34 | 99.07 | 99.72 | 100.45 | 101.10 |
| Camarilla | 98.60 | 98.73 | 98.85 | 98.98 | 99.11 | 99.23 | 99.36 |
| Woodie | 96.91 | 97.67 | 98.29 | 99.05 | 99.67 | 100.43 | 101.05 |
| Fibonacci | 97.69 | 98.22 | 98.55 | 99.07 | 99.60 | 99.93 | 100.45 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 96.71 | 97.39 | 98.61 | 99.29 | 100.51 | 101.19 | 102.41 |
| Camarilla | 99.31 | 99.48 | 99.66 | 99.83 | 100.00 | 100.18 | 100.35 |
| Woodie | 96.98 | 97.53 | 98.88 | 99.43 | 100.78 | 101.33 | 102.68 |
| Fibonacci | 97.39 | 98.12 | 98.56 | 99.29 | 100.02 | 100.46 | 101.19 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.16 | |
| MACD (12,26,9): | 0.6600 | |
| Directional Movement: | 3.21 | |
| AROON (14): | 7.15 | |
| DEMA (21): | 99.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 99.90 | |
| Elder Ray (13): | -0.23 | |
| Super Trend (3,10): | 95.65 | |
| Zig ZAG (10): | 98.96 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 58.68 | |
| TEMA (21): | 99.75 | |
| Williams %R (14): | -50.50 | |
| Chande Momentum Oscillator (20): | -0.42 | |
| Repulse (5,40,3): | 1.6800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 3.19 |
| MA7: | 99.04 | |
| MA20: | 98.25 | |
| MA50: | 97.16 | |
| MA100: | 99.60 | |
| MAexp7: | 99.00 | |
| MAexp20: | 98.26 | |
| MAexp50: | 98.10 | |
| MAexp100: | 99.46 | |
| Price / MA7: | -0.08% | |
| Price / MA20: | +0.72% | |
| Price / MA50: | +1.85% | |
| Price / MA100: | -0.64% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | +0.71% | |
| Price / MAexp50: | +0.88% | |
| Price / MAexp100: | -0.50% |
News
Don"t forget to follow the news on CITRIX SYSTEMS INC.. At the time of publication of this analysis, the latest news was as follows:
- Citrix Systems to Announce First Quarter 2019 Financial Results on Wednesday, April 24
- WellSpan Partners with Citrix to Transform Healthcare
- Investor Network: Citrix Systems, Inc. to Host Earnings Call
-
Citrix Systems
-
Citrix, Visa Have Room to Run
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis CITRIX SYSTEMS INC. - Daily