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This Morning's Technical Outlook on Multimedia & Graphics Software Stocks -- Activision Blizzard, Avid Technology, Sea, and The9
[March 15, 2018]

This Morning's Technical Outlook on Multimedia & Graphics Software Stocks -- Activision Blizzard, Avid Technology, Sea, and The9


NEW YORK, March 15, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on ATVI, AVID, SE, and NCTY which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com redirects investors' attention to the Multimedia and Graphics Software space, which is engaged in the design, development, and support for a variety of multimedia productions such as graphics design, web design, desktop and online publishing, video production, streaming media, and imaging systems. In this morning's lineup are the following stocks: Activision Blizzard Inc. (NASDAQ: ATVI), Avid Technology Inc. (NASDAQ: AVID), Sea Ltd (NYSE: SE), and The9 Ltd (NASDAQ: NCTY). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Activision Blizzard

Santa Monica, California headquartered Activision Blizzard Inc.'s shares dropped 2.25%, closing Wednesday's trading session at $74.22. The stock recorded a trading volume of 11.76 million shares, which was above its three months average volume of 6.36 million shares. The Company's shares have advanced 8.64% in the last month, 17.49% over the previous three months, and 51.22% over the past year. The stock is trading 5.17% above its 50-day moving average and 15.44% above its 200-day moving average. Additionally, shares of Activision Blizzard, which develops and distributes content and services on video game consoles, PC, and mobile devices, have a Relative Strength Index (RSI) of 53.47. 

On February 16th, 2018, research firm Argus reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $70 a share to $81 a share.

On March 12th, 2018, Activision Publishing, Inc., a division of Activision Blizzard, announced that after three days of intense Call of Duty: WWII competition, Rise Nation was crowned champion of the CWL Atlanta Open, presented by PlayStation®4. Teams Red Reserve, Luminosity Gaming, and Team EnVyUs rounded out the top four spots at the Call of Duty World League open event held at the Georgia World Congress Center in Atlanta, Georgia. Get the full research report on ATVI for free by clicking below at:

www.wallstequities.com/registration/?symbol=ATVI

Avid Technology

On Wednesday, shares in Burlington, Massachusetts headquartered Avid Technology Inc. recorded a trading volume of 263,830 shares. The stock dropped 3.96%, ending the day at $5.09. The Company's shares have advanced 8.99% in the past month. The stock is trading below its 200-day moving average by 0.09%. Furthermore, shares of Avid Technology, which develops, markets, sells, and supports software and hardware for digital media content production, management, and distribution worldwide, have an RSI of 50.67. 

On March 08th, 2018, Avid Technology announced that Jeff Rosica, CEO and President, and Brian E. Agle, Senior Vice President and CFO, will hold a conference call on March 15th, 2018, at 5:00 p.m. ET to discuss the Company's financial results for Q4 2017. The conference call will be available via live audio webcast on the Company's website. AVID's complimentary research coverage is a few simple steps away at:



www.wallstequities.com/registration/?symbol=AVID

Sea


Singapore headquartered Sea Ltd's stock finished the day 1.33% lower at $11.15. A total volume of 1.60 million shares was traded, which was above their three months average volume of 937,370 shares. The Company's shares are trading below their 50-day moving average by 8.63%. Additionally, shares of Sea, which engages in the digital entertainment, e-commerce, and digital financial service businesses in Greater Southeast Asia, have an RSI of 43.51. 

On February 28th, 2018, Sea announced its results for Q4 and full year ended December 31st, 2017. For Q4 2017, total revenue was US$124.6 million, total cost of revenue was US$101.1 million, and net loss was US$(263.1) million. For the full year 2017, total revenue was US$414.2 million, total cost of revenue was US$326.9 million, and net loss was US$(561.2) million. Register for your free research report on SE at:

www.wallstequities.com/registration/?symbol=SE

The9

Shares in Shanghai, China headquartered The9 Ltd ended yesterday's session 2.91% lower at $0.67. The stock recorded a trading volume of 342,984 shares. The Company's shares are trading 15.06% below their 50-day moving average. Moreover, shares of The9, which together with its subsidiaries, operates as an online game developer and operator in China, have an RSI of 38.83. Wall St. Equities' downloadable research report on NCTY available at:

www.wallstequities.com/registration/?symbol=NCTY

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