Activision's most recent trend suggests a bearish bias. One trading opportunity on Activision is a Bear Call Spread using a strike $48.00 short call and a strike $55.00 long call offers a potential 5.11% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $48.00 by expiration. The full premium credit of $0.34 would be kept by the premium seller. The risk of $6.66 would be incurred if the stock rose above the $55.00 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 60.05 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
Take-Two Downgraded, Activision Called 'Top Pick' In Video Game Stocks
Thu, 11 Jul 2019 20:30:12 +0000
Take-Two Interactive Software stock fell Thursday after a brokerage firm downgraded the game publisher. The same firm also named Activision stock as its "top pick" among video game stocks.
Call of Duty: Modern Warfare Multiplayer Universe to Be Revealed August 1
Thu, 11 Jul 2019 17:05:00 +0000
A new generation of Call of Duty® multiplayer is coming. Mark your calendars for Thursday, August 1, when Activision and Infinity Ward will reveal the multiplayer universe of Call of Duty®: Modern Warfare®. Recently named “Best Online Multiplayer” by Game Critics Awards Best of E3 2019, Modern Warfare multiplayer delivers a game-changing online experience.
Is Amazon Spending Too Much Cash on "Lord of the Rings"?
Thu, 11 Jul 2019 13:10:36 +0000
The tech giant wants to bind TV viewers and online gamers with two shiny new rings.
New Season of Call of Duty: Black Ops 4 Starts Now With ‘Operation Apocalypse Z’
Tue, 09 Jul 2019 17:00:00 +0000
The new community event for Call of Duty®: Black Ops 4 – Operation Apocalypse Z – is available now on Playstation®4, with other platforms to follow. Operation Apocalypse Z unleashes hordes of the undead across the game as it channels the series’ Zombies legacy through updates across the entire game. The new content includes a fan-favorite Specialist “Reaper” who makes its Black Ops 4 debut, three Multiplayer maps, new eerie atmosphere in the Blackout map, and a variety of themed personalization items and gear to acquire.
See what the IHS Markit Score report has to say about Activision Blizzard Inc.
Tue, 09 Jul 2019 12:02:25 +0000
Activision Blizzard Inc NASDAQ/NGS:ATVIView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for ATVI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ATVI. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $6.23 billion over the last one-month into ETFs that hold ATVI are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Related Posts
Also on Market Tamer…
Follow Us on Facebook