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Activision Blizz Declining With Trend-Confirming Volume (ATVI)

By David Diaz

The price of Activision Blizz shares has slipped to $54.12 (a 13.8% change) on heavy trading volume. Today's volume of 8.9 million shares tops the average 30-day volume of 8.4 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that its subscribers protect gains by selling shares of Activision Blizz on October 8th, 2018 by issuing a Downtrend alert when the shares were trading at $77.79. Since that call, shares of Activision Blizz have fallen 19.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Over the past year, Activision Blizzhas traded in a range of $54.30 to $84.68 and are now at $54.52. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has slid 0.2%.

Keywords: unusual volume activision blizz

Ticker(s): ATVI