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CTXS Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Friday, November 18, 4:44 PM ET
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In trading on Friday, shares of Citrix Systems, Inc. (NASDAQ:CTXS) crossed below their 200 day moving average of $70.42, changing hands as low as $70.05 per share. Citrix Systems, Inc. shares are currently trading off about 2.6% on the day. The chart below shows the one year performance of CTXS shares, versus its 200 day moving average:

Citrix Systems, Inc. 200 Day Moving Average Chart

Looking at the chart above, CTXS's low point in its 52 week range is $50.21 per share, with $88.49 as the 52 week high point — that compares with a last trade of $70.54.

According to the ETF Finder at ETF Channel, CTXS makes up 5.61% of the iShares S&P North American Technology-Software Index Fund ETF (AMEX:IGV) which is trading lower by about 1.6% on the day Friday.

     See what other ETFs contain CTXS »
     See what other stocks are held by IGV »

CTXS operates in the Application Software sector, among companies like Yandex NV (NASDAQ:YNDX) which is down about 1.6% today, and Cadence Design Systems Inc (NASDAQ:CDNS) trading lower by about 0.5%. Below is a three month price history chart comparing the stock performance of CTXS, versus YNDX and CDNS.

CTXS,YNDX,CDNS Relative Performance Chart


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This Article's Word Cloud:   According   American   Application   Below   CDNS   CTXS   Channel   Citrix   Design   ETFs   Friday   Investment   Moving   Portfolio   Software   Systems   YNDX   about   allows   asset   average   below   chart   companies   completely   currently   designed   growth   hands   history   lower   moving   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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