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 18.48% return on risk over the next 23 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 $0.78 would be kept by the premium seller. The risk of $4.22 would be incurred if the stock dropped below the $72.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Activision is bullish and the probability of a rise 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 73.72 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Activision
How Video Game Stocks Are Setting Up Ahead Of The Holiday Season
Mon, 24 Sep 2018 20:53:29 +0000
The holiday season is the most critical time of year in the video game industry as investors and publishers watch closely to see which games are going to me the season’s must-have holiday gifts. Activision Blizzard, Inc. (NASDAQ: ATVI) and Take-Two Interactive Software, Inc (NASDAQ: TTWO) are well-positioned with their holiday releases. Activision Blizzard is releasing “Call of Duty: Black Ops 4,” “World of Warcraft” and “Destiny” expansions, and Take-Two’s “Red Dead Redemption 2” is one of the most highly-anticipated and potentially largest releases of the holiday season.
2 Video Game Stocks that Will Win the Holiday Sales Rush
Mon, 24 Sep 2018 18:15:00 +0000
As the holiday season approaches, many videogame makers plan to cash in on the increased U.S. consumer spending by selling popular new game releases. Two of those companies – and their stocks – are especially well poised to benefit: Activision Blizzard Inc. ( ATVI) and Take-Two Interactive Software Inc. ( TTWO), according to KeyBanc analyst Evan Wingren. The four biggest companies may do well as far as sales. Wingren says he expects revenues of Activision, Take-Two, Electronic Arts Inc. ( EA) and Ubisoft to grow 20% year over year in the fourth quarter.
Why Take-Two Is Optimistic about Its Long-Term Performance
Mon, 24 Sep 2018 14:31:55 +0000
In the chart below, we can see that Take-Two Interactive (TTWO) has outlined its growth projections in the global games market. The gaming industry is estimated to grow from $123.0 billion in 2017 to $137.0 billion in 2018 and might reach $166.0 billion by the end of 2022. Take-Two Interactive and its peers Activision Blizzard (ATVI), Electronic Arts (EA), and Zynga (ZNGA) have an opportunity to drive revenues in a growing market.
Can Take-Two Interactive Beat Revenue Estimates in Fiscal 2018?
Mon, 24 Sep 2018 13:02:01 +0000
This game has been the primary reason for Take-Two Interactive’s 1000.0% stock returns (in absolute terms) since the start of 2013. Take-Two Interactive’s highly anticipated game, Red Dead Redemption 2, is expected to be released on October 26 and contribute to the company’s revenues in the holiday quarter. Red Dead Redemption 2 already has a dedicated fan base, and it’s garnered positive responses from its players.
Is the Options Market Predicting a Spike in Activision Blizzard (ATVI) Stock?
Mon, 24 Sep 2018 12:33:12 +0000
Investors need to pay close attention to Activision Blizzard (ATVI) stock based on the movements in the options market lately.
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