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Shares of Activision Blizz Down on Above Average Volume, Moving Against Trend (ATVI)

By Amy Schwartz

Shares of Activision Blizz are trading down -5.6% to $72.40 today on above average volume. Today's volume of 10.1 million shares tops the average 30-day volume of 8.9 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

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.

In the past 52 weeks, shares of Activision Blizz have traded between a low of $41.88 and a high of $69.63 and are now at $68.53, which is 64% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.3%.

Keywords: unusual volume activision blizz

Ticker(s): ATVI