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Bullish Moving Average Cross by Activision Blizz (ATVI)

By James Quinn

Activision Blizz (NASDAQ:ATVI) shares have crossed bullishly above their 10-day moving average of $53.92 on a volume of 398K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher 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 $80.25 and are now at $54.92, 38% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.4%.

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.

Keywords: moving crosses activision blizz

Ticker(s): ATVI