The Greedy Trader Weekly Analysis
Sign In Nov 16, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Citrix Systems
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Stochastic signal line moved above oversold area
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overboughtPrice is close to the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a second positive week after 4 consecutive negative weeks for the Citrix Systems (CTXS). During the week, the CTXS gained 4.25 points, or 4.14%, and closed at 107.01 on Friday, November 09, 2018. Weekly volume was -17% below average.

Long-term trend: [See CTXS long-term trend chart]
A long-term uptrend had started on February 1, 2017 at 70.24 and reached 116.82 on July 26, 2018. CTXS gained -46.58 points, or -66.32%, in 77 weeks. The price is now at the 21.06% retracement level.

Medium-term trend: [See CTXS medium-term trend chart]
A medium-term downtrend had started on July 26, 2018 at 116.82 and reached 97.88 on October 26, 2018. CTXS lost 18.94 points, or 16.21%, in 13 weeks. The price is now at the 48.20% retracement level.

Weekly Technical Indicators: [See CTXS weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since August 31, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See CTXS short-term trend chart]
A short-term uptrend had started on October 26, 2018 at 97.88 and reached 107.19 on November 9, 2018. CTXS gained -9.31 points, or -9.51%, in 14 days. Price is near the trend high.

Daily Technical Indicators: [See CTXS daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since October 30, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.24
Williams' Percentage Range (W%R) 4.20
Strong Overbought
Lane's Stochastic (%D-Slow) 91.27
Strong Overbought
Greed/Fear Indicator (GFI) 84.77
Overbought
Moving Average Converg./Diverg. (MACD) -1.16
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.01
Williams' Percentage Range (W%R) 52.90
Lane's Stochastic (%D-Slow) 22.54
Greed/Fear Indicator (GFI) 38.37
Moving Average Converg./Diverg. (MACD) 2.62
Trading Signals
Description Value Chart
Upper Bollinger Band 108.38
50 Day Moving Average 107.23
Price 107.01
Daily Stochastic Crossing 106.90
20 Day Moving Average 103.08
Parabolic System 102.04
Weekly Stochastic Crossing 101.71
Lower Bollinger Band 100.46
Sector and Industry
Description Name Rank
Sector Technology 3
Industry Internet Software & Svcs 92
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 100.26
Low Date 10/30/2018
High 107.19
High Date 11/09/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 97.88
Low Date 10/26/2018
High 107.19
High Date 11/09/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 116.82
High Date 07/26/2018
Low 97.88
Low Date 10/26/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 70.24
Low Date 02/01/2017
High 116.82
High Date 07/26/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 50.21
Low Date 08/19/2011
High 116.82
High Date 07/26/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.