Activision's most recent trend suggests a bullish bias. One trading opportunity on Activision is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 17.1% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.73 would be kept by the premium seller. The risk of $4.27 would be incurred if the stock dropped below the $72.50 long put 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 up which suggests that the medium-term momentum for Activision is bullish.
The RSI indicator is at 74.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Activision
Activision Blizzard's Overwatch League Is the Blueprint for Professional Esports
Sun, 23 Sep 2018 13:32:00 +0000
Societal trends point to esports becoming just as popular as traditional sports one day.
Could "Blackout" Be Activision's Next Esports League?
Sat, 22 Sep 2018 00:15:00 +0000
Some are already prognosticating that the new battle royale game mode in the "Call of Duty" franchise lays the foundation for Activision's next foray into esports.
Could Amazon’s “New World” Be the Next Blockbuster MMO?
Sat, 22 Sep 2018 00:13:00 +0000
Can Amazon’s MMO succeed where countless others have failed?
Take-Two Interactive Has Crushed the Market since 2013
Fri, 21 Sep 2018 21:31:28 +0000
Take-Two Interactive (TTWO) stock was trading at $12.00 at the start of 2013. That year, the gaming company’s stock price rose 44.0% to $17.60. Take-Two stock rose 59.0% in 2014, 24.0% in 2015, and 41.0% in 2016 to $49.29.
How Tencent Could Sidestep China Stress
Fri, 21 Sep 2018 13:00:19 +0000
When it released its second-quarter results on August 15, Tencent (TCEHY) said it was exploring several initiatives to stimulate growth. The company noted that it was exploring the idea of launching its popular games in more international markets. According to Eikon data cited by Reuters, Tencent is heavily dependent on the Chinese market, as only 5.0% of its revenues came from international operations in 2016.
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