Citrix Systems Stock Technical Analysis

CTXSDelisted Stock  USD 103.90  0.01  0.01%   
As of the 18th of April 2024, Citrix Systems shows the Risk Adjusted Performance of 0.1549, coefficient of variation of 398.56, and Mean Deviation of 0.3227. Citrix Systems technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated eighteen technical drivers for Citrix Systems, which can be compared to its peers. Please confirm Citrix Systems information ratio and downside variance to decide if Citrix Systems is priced correctly, providing market reflects its regular price of 103.9 per share. Given that Citrix Systems has treynor ratio of 2.66, we suggest you to validate Citrix Systems's prevailing market performance to make sure the company can sustain itself at a future point.

Citrix Systems Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Citrix, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Citrix
  
Citrix Systems' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Citrix Systems technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
A focus of Citrix Systems technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Citrix Systems trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Citrix Systems Technical Analysis

Indicator
Time Period
Execute Indicator
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Citrix Systems Trend Analysis

Use this graph to draw trend lines for Citrix Systems. You can use it to identify possible trend reversals for Citrix Systems as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Citrix Systems price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Citrix Systems Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Citrix Systems applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Citrix Systems will continue generating value for investors. It has 122 observation points and a regression sum of squares at 90.07, which is the sum of squared deviations for the predicted Citrix Systems price change compared to its average price change.

About Citrix Systems Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Citrix Systems on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Citrix Systems based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Citrix Systems price pattern first instead of the macroeconomic environment surrounding Citrix Systems. By analyzing Citrix Systems's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Citrix Systems's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Citrix Systems specific price patterns or momentum indicators. Please read more on our technical analysis page.

Citrix Systems April 18, 2024 Technical Indicators

Most technical analysis of Citrix help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Citrix from various momentum indicators to cycle indicators. When you analyze Citrix charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Other Consideration for investing in Citrix Stock

If you are still planning to invest in Citrix Systems check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Citrix Systems' history and understand the potential risks before investing.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Stocks Directory
Find actively traded stocks across global markets
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules