Activision's most recent trend suggests a bearish bias. One trading opportunity on Activision is a Bear Call Spread using a strike $22.00 short call and a strike $27.00 long call offers a potential 8.23% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $22.00 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock rose above the $27.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Activision is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Activision is bearish.
The RSI indicator is at 24.05 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Activision
Take-Two Unit Adds 2 Gameplay Modes to WWE Supercard
Mon, 22 Sep 2014 21:50:02 GMT
Zacks – 2K, a division of Take-Two Interactive (TTWO) recently introduced two new gameplay modes for the popular WWE collectible card game for mobile devices, WWE Supercard.
Stock Pops & Drops: ATVI, HLF, TTM & FINL
Mon, 22 Sep 2014 21:45:00 GMT
Stock Pops & Drops: ATVI, HLF, TTM & FINL
Mon, 22 Sep 2014 21:45:00 GMT
Former NY mayor to defend ‘Call of Duty' maker in Noriega suit
Mon, 22 Sep 2014 21:27:48 GMT
Reuters – Former New York City Mayor Rudy Giuliani will defend Activision Blizzard Inc in a lawsuit the former Panamanian dictator Manuel Noriega filed over his depiction in the company's popular “Call of Duty: Black Ops II” video game. As co-counsel, Giuliani said he would assert that a right to free speech protected Noriega's depiction in the game. “Here we have a man who is one of the most notorious criminals in the world, who made himself a public figure by killing people, selling drugs to people, torturing people … and now because he's a bit player in a video game” he is suing, Giuliani told Reuters. Seeking unspecified damages, Noriega, 80 and serving time in Panama, filed the lawsuit in July in Los Angeles Superior Court, saying Activision had portrayed him as “the culprit of numerous fictional heinous crimes,” including kidnapping and murder, to heighten the game's realism and increase sales.
Why Activision Blizzard (ATVI) Stock Is Declining Today
Mon, 22 Sep 2014 19:44:00 GMT
TheStreet – Activision Blizzard (ATVI) shares are down after the company hired Rudolph Giuliani to defend it in a lawsuit filed by Manuel Noriega.
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