Activision's most recent trend suggests a bullish bias. One trading opportunity on Activision is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 14.16% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $4.38 would be incurred if the stock dropped below the $52.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Activision is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Activision is bullish.
The RSI indicator is at 74.43 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Activision
We Chose AMD, Alphabet, and Other Tech Stocks to Win 2019. Here’s How Our Picks Did.
Fri, 20 Dec 2019 21:54:00 +0000
The technology industry is known for constant change. Thankfully, the dynamism of new winners and losers make perfect fodder for a column named Tech Trader. Apple’s and Google’s smartphone ecosystems were the growth rails for a new array of mobile internet innovations like (UBER) (UBER) and Instagram, owned by (FB) (FB).
Does Activision Blizzard (NASDAQ:ATVI) Deserve A Spot On Your Watchlist?
Fri, 20 Dec 2019 10:17:10 +0000
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks…
Even Small Esports Names Gain as Industry Matures
Wed, 18 Dec 2019 18:50:27 +0000
(Bloomberg) — Small-cap esports companies can benefit as more advertisers find value in the industry’s ability to attract a younger, richer audience and as the industry builds out infrastructure, according to Stephens Inc.The firm initiated coverage of two esports companies, rating Allied Esports Entertainment Inc. as a buy-equivalent and Super League Gaming Inc. as a hold-equivalent and setting their price targets at $5 and $3, respectively. The combined market value of the two southern California companies is less than $90 million.Shares of Allied Esports rose 3.3% to $2.84 at 1:14 p.m. in New York, paring earlier gains of as much as 9.1%. The company’s arenas are well positioned to capitalize on demand for in-person esports events, Stephens said. Super League Gaming, which runs an esports community and content platform, rose 6.4% to $2.81.Gaming has an “enviable position” due to its main audience being young, digitally native and affluent, analyst Jeff Cohen said in a research note. While esports is still in its nascent stages and currently under-monetizes on a per-viewer basis compared to traditional sports, advertisers have started to look at the industry as a way of connecting with an increasingly tough-to-reach demographic.“Esports leagues and tournaments have begun to see an influx of non-endemic sponsorship money,” Cohen said. He highlighted T-Mobile US Inc., Toyota Motor Corp. and Sour Patch Kids as sponsors of Activision Blizzard Inc.’s Overwatch League.The industry’s revenue streams are largely the same as those for traditional sports, including sponsorships and advertising, merchandise and tickets sales, and media rights. Stephens sees those revenue streams continuing to grow as brands not linked to gaming recognize the return on investment of marketing to the audience that esports attracts.To contact the reporter on this story: Andres Guerra Luz in New York at aluz8@bloomberg.netTo contact the editor responsible for this story: Catherine Larkin at clarkin4@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Electronic Arts (EA) Launches Apex Legends Global Series
Wed, 18 Dec 2019 14:58:02 +0000
Electronic Arts (EA) is expected to benefit from portfolio strength with the release of Apex Legends Global Series for PC despite intensifying competition.
Call of Duty: Modern Warfare Is #1 Most Played Call of Duty Multiplayer of This Console Generation
Wed, 18 Dec 2019 13:00:00 +0000
Activision’s Call of Duty®: Modern Warfare® continues to drive momentum delivering new highs in multiplayer engagement within the franchise for this console generation. Modern Warfare has outpaced all previous Call of Duty multiplayer experiences of this generation in hours played, hours per player and average daily players on its way to becoming the most played Call of Duty multiplayer in the first 50 days since launch in six years.
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