TMCnet - World's Largest Communications and Technology Community



After Yesterday's Decline of 3.09%, Activision Blizzard Offers Investors Better Value
[November 09, 2012]

After Yesterday's Decline of 3.09%, Activision Blizzard Offers Investors Better Value

Nov 09, 2012 (SmarTrend(R) News Watch via COMTEX) -- Activision Blizzard (NASDAQ:ATVI) traded in a range yesterday that spanned from a low of $10.66 to a high of $11.11. Yesterday, the shares fell 3.1%, which took the trading range below the 3-day low of $10.89 on volume of 13.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean revision.

In the past 52 weeks, Activision Blizzard share prices have been bracketed by a current low of $10.66 and a high of $14.40 and are now at $10.66. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.4%.

SmarTrend recommended that its subscribers protect gains by selling shares of Activision Blizzard on November 17th, 2011 by issuing a Downtrend alert when the shares were trading at $12.22. Since that call, shares of Activision Blizzard have fallen 9.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

[ Back To's Homepage ]

Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments:
Comments about this site:


© 2016 Technology Marketing Corporation. All rights reserved | Privacy Policy