ACTIVISION BLIZZARD INC

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Type:	Stocks
Ticker:	ATVI
ISIN:

ACTIVISION BLIZZARD INC - 1H - Technical analysis published on 07/21/2022 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

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ACTIVISION BLIZZARD INC Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 78.29 USD

My targets

81.48 USD (+2.81%)

81.72 USD (+3.12%)

My analysis

ACTIVISION BLIZZARD INC is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 78.29 USD. The next resistance located at 81.48 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 81.72 USD. After this resistance, buyers could then target 88.18 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

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 Londinia.

Additional analysis

Quotes

ACTIVISION BLIZZARD INC rating 79.25 USD. On the day, this instrument lost -0.06% and was traded between 79.19 USD and 79.49 USD over the period. The price is currently at +0.08% from its lowest and -0.30% from its highest.

79.19

79.49

79.25

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ACTIVISION BLIZZARD INC:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of ACTIVISION BLIZZARD INC indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	75.38	76.88	78.29	79.25	81.48	88.18	102.70
Change (%)	-4.88%	-2.99%	-1.21%	-	+2.81%	+11.27%	+29.59%
Change	-3.87	-2.37	-0.96	-	+2.23	+8.93	+23.45
Level	Minor	Minor	Major	-	Major	Minor	Major

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	77.61	77.98	78.64	79.01	79.67	80.04	80.70
Camarilla	79.02	79.11	79.21	79.30	79.39	79.49	79.58
Woodie	77.76	78.05	78.79	79.08	79.82	80.11	80.85
Fibonacci	77.98	78.37	78.62	79.01	79.40	79.65	80.04

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	72.72	74.05	75.72	77.05	78.72	80.05	81.72
Camarilla	76.57	76.84	77.12	77.39	77.67	77.94	78.22
Woodie	72.89	74.14	75.89	77.14	78.89	80.14	81.89
Fibonacci	74.05	75.20	75.90	77.05	78.20	78.90	80.05

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	70.08	71.89	74.88	76.69	79.68	81.49	84.48
Camarilla	76.54	76.98	77.42	77.86	78.30	78.74	79.18
Woodie	70.66	72.19	75.46	76.99	80.26	81.79	85.06
Fibonacci	71.89	73.73	74.86	76.69	78.53	79.66	81.49

Numerical data

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

Technical indicators

Moving averages

RSI (14):	72.39
MACD (12,26,9):	0.5100
Directional Movement:	27.58
AROON (14):	100.00
DEMA (21):	78.89
Parabolic SAR (0,02-0,02-0,2):	78.29
Elder Ray (13):	0.65
Super Trend (3,10):	78.15
Zig ZAG (10):	79.30
VORTEX (21):	1.2200
Stochastique (14,3,5):	93.92
TEMA (21):	79.23
Williams %R (14):	-3.64
Chande Momentum Oscillator (20):	1.58
Repulse (5,40,3):	0.7100
ROCnROLL:	1
TRIX (15,9):	0.0800
Courbe Coppock:	3.42

MA7:	77.29
MA20:	77.63
MA50:	77.29
MA100:	78.24
MAexp7:	78.86
MAexp20:	78.27
MAexp50:	77.77
MAexp100:	77.59
Price / MA7:	+2.54%
Price / MA20:	+2.09%
Price / MA50:	+2.54%
Price / MA100:	+1.29%
Price / MAexp7:	+0.49%
Price / MAexp20:	+1.25%
Price / MAexp50:	+1.90%
Price / MAexp100:	+2.14%

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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