Activision Blizz Crosses Below its 10-day MA (ATVI)

Today, shares of Activision Blizz (NASDAQ:ATVI) have fallen below their 10-day MA of $47.96 on a volume of 1.2 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Activision Blizz share prices have been bracketed by a low of $39.85 and a high of $84.68 and are now at $46.52, 17% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has advanced 0.6%.

SmarTrend is tracking the current trend status for Activision Blizz and will alert subscribers who have ATVI in their portfolio or watchlist when shares have changed trend direction.