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 10.13% return on risk over the next 29 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 $0.46 would be kept by the premium seller. The risk of $4.54 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 28.61 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Activision
Holiday video game sales outlook not looking so hot
Fri, 19 Sep 2014 18:33:00 GMT
In Defense of Destiny: What Bungie Got Right
Fri, 19 Sep 2014 16:21:00 GMT
The Real Reason Destiny Is a Hit
Fri, 19 Sep 2014 01:11:16 GMT
BusinessWeek – Activision Blizzard's new game got $500 million in first-day revenue
Activision's Destiny Records Strong Sales in First 5 Days
Thu, 18 Sep 2014 17:00:01 GMT
Zacks – Activision Blizzards' (ATVI) latest release Destiny garnered more than $325 million in the first five days worldwide.
Skylanders Trap Team™ for Nintendo 3DS™ Lets Portal Masters Conquer and Play as Villains on the Go
Thu, 18 Sep 2014 12:00:00 GMT
Business Wire – Skylanders® fans can go on a villain vanquishing adventure this fall with Skylanders Trap Team for Nintendo 3DS as they take on the evil Dream Sheep and 13 other villains exclusive to the platform.
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