Activision's most recent trend suggests a bearish bias. One trading opportunity on Activision is a Bear Call Spread using a strike $31.50 short call and a strike $36.50 long call offers a potential 28.21% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $31.50 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock rose above the $36.50 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 27.87 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Activision
Edited Transcript of ATVI earnings conference call or presentation 11-Feb-16 9:30pm GMT
Fri, 12 Feb 2016 03:48:20 GMT
Blizzard Considering Giving Free Game Bundle to ‘Warcraft' Moviegoers
Fri, 12 Feb 2016 03:16:00 GMT
Forbes – In a player survey email sent out today, Blizzard revealed they're considering offering a game bundle for moviegoers who purchase a Warcraft movie ticket. Titled World of Warcraft: Ultimate Movie Edition, the bundle will include the World of Warcraft game and all the expansion packs that have been released thus
[$$] Activision Reports Lackluster Holiday Results
Fri, 12 Feb 2016 00:22:16 GMT
The Wall Street Journal – Activision Blizzard reports a lackluster holiday quarter, but sees significantly stronger results in 2016, as it digests “Candy Crush” maker King Digital.
Activision Shares Fall on Weaker-Than-Expected Earnings (ATVI, KING)
Thu, 11 Feb 2016 23:23:00 GMT
Investopedia – The gaming companies latest earnings have disappointed analysts and investors.
Activision Blizzard (ATVI) Stock Gets Crushed After Earnings Miss
Thu, 11 Feb 2016 23:19:11 GMT
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