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Activision Blizz Bearish Moving Average Crossover Alert (ATVI)

By James Quinn

Activision Blizz (NASDAQ:ATVI) crossed under its 10-day moving average of $75.14 on a volume of 2.4 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Activision Blizz share prices have moved between a 52-week high of $79.63 and a 52-week low of $35.12 and are now trading 112% above that low price at $74.49 per share. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.8%.

SmarTrend recommended that subscribers consider buying shares of Activision Blizz on February 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $70.56. Since that recommendation, shares of Activision Blizz have risen 7.6%. We continue to monitor ATVI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses activision blizz

Ticker(s): ATVI