• Return to Headlines

Bearish Moving Average Cross by Activision Blizz (ATVI)

By James Quinn

Today, shares of Activision Blizz (NASDAQ:ATVI) have fallen below their 10-day MA of $47.59 on a volume of 5.3 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Activision Blizz has traded in a range of $39.85 to $84.68 and is now at $47.39, 19% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has advanced 0.8%.

SmarTrend is monitoring the recent change of momentum in Activision Blizz. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Activision Blizz in search of a potential trend change.

Keywords: moving crosses activision blizz

Ticker(s): ATVI