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Bullish Moving Average Cross by Activision Blizzard (ATVI)

By Nick Russo

Activision Blizzard (NASDAQ:ATVI) shares have crossed bullishly above their 10-day moving average of $41.88 on a volume of 2.3 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Activision Blizzard have traded between a low of $22.66 and a high of $43.05 and are now at $42.21, which is 86% above that low price. The 200-day and 50-day moving averages have moved 0.52% higher and 0.83% higher over the past week, respectively.

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

Keywords: moving crosses Activision Blizzard

Ticker(s): ATVI