Large Inflow of Money Detected in Activision Blizzard Inc

Activision Blizzard Inc (ATVI) stock had a bullish inflow of $66.37 million worth of trades on uptick and an outflow of $48.26 million in downticks on Thursday. The total uptick to downtick ratio stood at 1.38. The net money flow into the stock was $18.12 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $18.16 million. An inflow of $1.25 million block trade was recorded on downticks. $19.42 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 15.48 in favor of the bulls. However, Activision Blizzard Inc (ATVI) stock traded down $0.26 , and reached $41.85, a drop of -0.62% over the previous day. On a weekly basis, the stock is 1.36%, over the previous weeks close.


The stock has recorded a 20-day Moving Average of 6.37% and the 50-Day Moving Average is 8.92%. Shares have rallied 63.00% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $42.26 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $38.74 and the 200 Day Moving Average price is recorded at $35.23.

Activision Blizzard Inc (NASDAQ:ATVI): The stock opened at $42.36 on Thursday but the bulls could not build on the opening and the stock topped out at $42.53 for the day. The stock traded down to $41.66 during the day, due to lack of any buying support eventually closed down at $41.85 with a loss of -0.62% for the day. The stock had closed at $42.11 on the previous day. The total traded volume was 9,624,916 shares.

In an insider trading activity,The officer (Pres. & CEO-Blizzard Ent.) of Activision Blizzard, Inc., Morhaime Michael sold 1,150,000 shares at $38.15 on June 13, 2016. The Insider selling transaction had a total value worth of $43,872,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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