ACTIVISION BLIZZARD INC

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Type:	Stocks
Ticker:	ATVI
ISIN:

ACTIVISION BLIZZARD INC - 1H - Technical analysis published on 10/27/2021 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

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ACTIVISION BLIZZARD INC Chart

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

50%

33%

My opinion

Bullish above 78.53 USD

My targets

80.69 USD (+1.41%)

82.34 USD (+3.48%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 78.53 USD remains possible. It is advisable to trade ACTIVISION BLIZZARD INC with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 78.53 USD. The next bullish objective for buyers is set at 80.69 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 82.34 USD. If there is any crossing, the next objective would be the resistance located at 83.39 USD. PS: if there is a bearish break in the support located at 78.53 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

1.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay.

Additional analysis

Quotes

The ACTIVISION BLIZZARD INC price is 79.57 USD. The price registered a decrease of -1.47% on the session and was between 78.72 USD and 80.34 USD. This implies that the price is at +1.08% from its lowest and at -0.96% from its highest.

78.72

80.34

79.57

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ACTIVISION BLIZZARD INC in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, only 9 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	75.12	77.18	78.53	79.57	80.69	82.34	83.39
Change (%)	-5.59%	-3.00%	-1.31%	-	+1.41%	+3.48%	+4.80%
Change	-4.45	-2.39	-1.04	-	+1.12	+2.77	+3.82
Level	Major	Minor	Major	-	Minor	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	78.09	79.25	80.01	81.17	81.93	83.09	83.85
Camarilla	80.23	80.41	80.58	80.76	80.94	81.11	81.29
Woodie	77.88	79.15	79.80	81.07	81.72	82.99	83.64
Fibonacci	79.25	79.99	80.44	81.17	81.91	82.36	83.09

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	70.35	72.80	76.03	78.48	81.71	84.16	87.39
Camarilla	77.71	78.23	78.75	79.27	79.79	80.31	80.83
Woodie	70.75	73.00	76.43	78.68	82.11	84.36	87.79
Fibonacci	72.80	74.97	76.31	78.48	80.65	81.99	84.16

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	60.75	66.48	71.93	77.66	83.11	88.84	94.29
Camarilla	74.32	75.34	76.37	77.39	78.42	79.44	80.47
Woodie	60.62	66.41	71.80	77.59	82.98	88.77	94.16
Fibonacci	66.48	70.75	73.39	77.66	81.93	84.57	88.84

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	46.27
MACD (12,26,9):	0.2300
Directional Movement:	-4.80
AROON (14):	-57.14
DEMA (21):	80.67
Parabolic SAR (0,02-0,02-0,2):	81.04
Elder Ray (13):	-0.64
Super Trend (3,10):	81.54
Zig ZAG (10):	79.59
VORTEX (21):	0.9600
Stochastique (14,3,5):	21.09
TEMA (21):	80.47
Williams %R (14):	-78.45
Chande Momentum Oscillator (20):	-1.41
Repulse (5,40,3):	-0.5600
ROCnROLL:	-1
TRIX (15,9):	0.1300
Courbe Coppock:	0.37

MA7:	79.25
MA20:	77.61
MA50:	78.57
MA100:	84.32
MAexp7:	80.14
MAexp20:	80.18
MAexp50:	79.23
MAexp100:	78.33
Price / MA7:	+0.40%
Price / MA20:	+2.53%
Price / MA50:	+1.27%
Price / MA100:	-5.63%
Price / MAexp7:	-0.71%
Price / MAexp20:	-0.76%
Price / MAexp50:	+0.43%
Price / MAexp100:	+1.58%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on ACTIVISION BLIZZARD INC at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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