CITRIX SYSTEMS INC.
CITRIX SYSTEMS INC.
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CTXS
ISIN:

CITRIX SYSTEMS INC. - Daily - Technical analysis published on 09/25/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Neutral
Technical indicators
44%
6%
50%
My opinion
Bullish above 95.72 USD
My targets
99.08 USD (+3.24%)
101.81 USD (+6.09%)
My analysis
The strong short-term increase of CITRIX SYSTEMS INC. should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 95.72 USD, a purchase could be considered. The first bullish objective is located at 99.08 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 101.81 USD. If there is any crossing, the next objective would be the resistance at 108.74 USD. Caution, if there is a return under 95.72 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
2.7

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 95.97 USD. The price registered an increase of +0.85% on the session with the lowest point at 94.36 USD and the highest point at 96.15 USD. The deviation from the price is +1.71% for the low point and -0.19% for the high point.

94.36
96.15
95.97

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CITRIX SYSTEMS INC.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 CITRIX SYSTEMS INC. in Daily shows a neutral overall trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : Daily


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily



Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : Daily


Resistance of triangle is broken

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 91.27 93.48 95.72 95.97 99.08 101.81 108.74
Change (%) -4.90% -2.59% -0.26% - +3.24% +6.09% +13.31%
Change -4.70 -2.49 -0.25 - +3.11 +5.84 +12.77
Level Major Intermediate Intermediate - Intermediate Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard92.1293.4094.2895.5696.4497.7298.60
Camarilla94.5794.7694.9695.1695.3695.5695.75
Woodie91.9293.3094.0895.4696.2497.6298.40
Fibonacci93.4094.2394.7495.5696.3996.9097.72


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard93.5594.3495.6596.4497.7598.5499.85
Camarilla96.3996.5996.7896.9797.1697.3697.55
Woodie93.8294.4795.9296.5798.0298.67100.12
Fibonacci94.3495.1495.6396.4497.2497.7398.54


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard85.6187.9590.4692.8095.3197.65100.16
Camarilla91.6592.0992.5492.9893.4393.8794.31
Woodie85.7187.9990.5692.8495.4197.69100.26
Fibonacci87.9589.8090.9492.8094.6595.7997.65

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 54.90
MACD (12,26,9): 0.6200
Directional Movement: -4.10
AROON (14): 35.71
DEMA (21): 96.06
Parabolic SAR (0,02-0,02-0,2): 97.30
Elder Ray (13): -0.47
Super Trend (3,10): 93.34
Zig ZAG (10): 95.97
VORTEX (21): 1.0700
Stochastique (14,3,5): 58.78
TEMA (21): 96.85
Williams %R (14): -44.23
Chande Momentum Oscillator (20): 1.00
Repulse (5,40,3): 0.1700
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 5.53
MA7: 96.18
MA20: 95.11
MA50: 94.73
MA100: 95.96
MAexp7: 96.00
MAexp20: 95.34
MAexp50: 95.25
MAexp100: 96.46
Price / MA7: -0.22%
Price / MA20: +0.90%
Price / MA50: +1.31%
Price / MA100: +0.01%
Price / MAexp7: -0.03%
Price / MAexp20: +0.66%
Price / MAexp50: +0.76%
Price / MAexp100: -0.51%

This member declared not having a position on this financial instrument or a related financial instrument.

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