ACTIVISION BLIZZARD INC - 1H - Technical analysis published on 07/28/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
ACTIVISION BLIZZARD INC Chart
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 79.03 USD
My targets
81.48 USD (+2.25%)
82.86 USD (+3.98%)
My analysis
The bullish trend is currently very strong on ACTIVISION BLIZZARD INC. As long as the price remains above the support at 79.03 USD, you could try to benefit from the boom. The first bullish objective is located at 81.48 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 82.86 USD as an objective. Crossing it would then enable buyers to target 88.18 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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This analysis was given by Londinia.
Additional analysis
Quotes
The ACTIVISION BLIZZARD INC price is 79.69 USD. The price is lower by -0.13% since the last closing and was between 79.34 USD and 79.79 USD. This implies that the price is at +0.44% from its lowest and at -0.13% from its highest.79.34
79.79
79.69
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ACTIVISION BLIZZARD INC in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a moderate bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 76.91 | 78.29 | 79.03 | 79.69 | 79.97 | 81.48 | 88.18 |
Change (%) | -3.49% | -1.76% | -0.83% | - | +0.35% | +2.25% | +10.65% |
Change | -2.78 | -1.40 | -0.66 | - | +0.28 | +1.79 | +8.49 |
Level | Minor | Major | Major | - | Intermediate | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 78.69 | 79.00 | 79.39 | 79.70 | 80.09 | 80.40 | 80.79 |
Camarilla | 79.60 | 79.66 | 79.73 | 79.79 | 79.85 | 79.92 | 79.98 |
Woodie | 78.74 | 79.02 | 79.44 | 79.72 | 80.14 | 80.42 | 80.84 |
Fibonacci | 79.00 | 79.26 | 79.43 | 79.70 | 79.96 | 80.13 | 80.40 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 74.91 | 75.90 | 77.56 | 78.55 | 80.21 | 81.20 | 82.86 |
Camarilla | 78.50 | 78.74 | 78.99 | 79.23 | 79.47 | 79.72 | 79.96 |
Woodie | 75.26 | 76.07 | 77.91 | 78.72 | 80.56 | 81.37 | 83.21 |
Fibonacci | 75.90 | 76.91 | 77.53 | 78.55 | 79.56 | 80.18 | 81.20 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 57.17 | |
MACD (12,26,9): | 0.1500 | |
Directional Movement: | 3.82 | |
AROON (14): | 64.28 | |
DEMA (21): | 79.71 | |
Parabolic SAR (0,02-0,02-0,2): | 79.99 | |
Elder Ray (13): | 0.11 | |
Super Trend (3,10): | 78.96 | |
Zig ZAG (10): | 79.69 | |
VORTEX (21): | 1.1300 | |
Stochastique (14,3,5): | 59.68 | |
TEMA (21): | 79.67 | |
Williams %R (14): | -24.73 | |
Chande Momentum Oscillator (20): | 0.47 | |
Repulse (5,40,3): | 0.2200 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0300 | |
Courbe Coppock: | 0.71 |
MA7: | 79.52 | |
MA20: | 78.33 | |
MA50: | 77.54 | |
MA100: | 78.16 | |
MAexp7: | 79.64 | |
MAexp20: | 79.49 | |
MAexp50: | 79.08 | |
MAexp100: | 78.55 | |
Price / MA7: | +0.21% | |
Price / MA20: | +1.74% | |
Price / MA50: | +2.77% | |
Price / MA100: | +1.96% | |
Price / MAexp7: | +0.06% | |
Price / MAexp20: | +0.25% | |
Price / MAexp50: | +0.77% | |
Price / MAexp100: | +1.45% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on ACTIVISION BLIZZARD INC. At the time of publication of this analysis, the latest news was as follows:
- First Program of Its Kind at Activision Blizzard to Train and Develop Talent for Engineering Roles
- Activision Blizzard to Release Second Quarter 2022 Financial Results on August 1, 2022
- Activision Blizzard Announces Results of Annual Meeting; Stockholders Approve Nominees to Board of Directors
- Activision Blizzard to Recognize and Begin Negotiations with CWA
- Thinking about trading options or stock in Verizon, Activision Blizzard, Teladoc Health, General Electric, or Amazon?
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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