Activision Blizzard Inc (ATVI) Shares are Up 1%

Activision Blizzard Inc (ATVI) has been under a strong bear grip, hence the stock is down -4.15% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.57% in the past 1 week. The stock has risen by 1% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.77% in the past 4 weeks.

Activision Blizzard Inc (NASDAQ:ATVI): The stock opened at $42.25 on Friday but the bulls could not build on the opening and the stock topped out at $42.45 for the day. The stock traded down to $40.01 during the day, due to lack of any buying support eventually closed down at $40.56 with a loss of -0.66% for the day. The stock had closed at $40.83 on the previous day. The total traded volume was 20,866,573 shares.

The stock has recorded a 20-day Moving Average of 1.84% and the 50-Day Moving Average is 2.26%. Activision Blizzard, Inc. is up 7.1% in the last 3-month period. Year-to-Date the stock performance stands at 5.63%.

Activision Blizzard Inc (ATVI) : Currently there are 15 street experts covering Activision Blizzard Inc (ATVI) stock. The most bullish and bearish price target for the stock is $46 and $32 respectively for the short term. The average price target of all the analysts comes to $42.87. The estimated standard deviation from the target is $3.29.


Activision Blizzard, Inc. is a developer and publisher of online, personal computer (PC), video game console, handheld, mobile and tablet games. The Company offers games that operate on the Microsoft Corporation (Microsoft) Xbox One (Xbox One) and Xbox 360 (Xbox 360), Nintendo Co. Ltd. (Nintendo) Wii U (Wii U) and Wii (Wii), and Sony Computer Entertainment Inc. (Sony) PlayStation 4 (PS4) and PlayStation 3 (PS3) console systems. The Company also develops products spanning other genres, including first-person action, action/adventure, role-playing, simulation and strategy. It distributes interactive entertainment hardware and software products in Europe through its European distribution subsidiaries: Centresoft in the United Kingdom and NBG in Germany. The Companys operating segments include Activision Publishing, Inc. and its subsidiaries, Blizzard Entertainment, Inc. and its subsidiaries, and Activision Blizzard Distribution.

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