ACTIVISION BLIZZARD INC
ACTIVISION BLIZZARD INC
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Volume: -
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High / Low range: -
Type: Stocks
Ticker: ATVI
ISIN:

ACTIVISION BLIZZARD INC - Daily - Technical analysis published on 10/08/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 51.35 USD
My targets
56.03 USD (+1.12%)
58.60 USD (+5.76%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ACTIVISION BLIZZARD INC as long as the price remains well above 51.35 USD. The buyers” bullish objective is set at 56.03 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 58.60 USD. If there is any crossing, the next objective would be the resistance located at 66.27 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

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 55.41 USD. On the day, this instrument lost -0.05% with the lowest point at 54.56 USD and the highest point at 55.89 USD. The deviation from the price is +1.56% for the low point and -0.86% for the high point.

54.56
55.89
55.41

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of ACTIVISION BLIZZARD INC indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 45.20 49.72 51.35 55.41 56.03 58.60 66.27
Change (%) -18.43% -10.27% -7.33% - +1.12% +5.76% +19.60%
Change -10.21 -5.69 -4.06 - +0.62 +3.19 +10.86
Level Intermediate Major Intermediate - Major Intermediate Minor



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
Standard53.8954.2254.8355.1655.7756.1056.71
Camarilla55.1855.2755.3555.4455.5355.6155.70
Woodie54.0354.2954.9755.2355.9156.1756.85
Fibonacci54.2254.5854.8055.1655.5255.7456.10


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard46.7248.4951.9653.7357.2058.9762.44
Camarilla54.0054.4854.9655.4455.9256.4056.88
Woodie47.5848.9252.8254.1658.0659.4063.30
Fibonacci48.4950.4951.7353.7355.7356.9758.97


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard42.6446.5349.7353.6256.8260.7163.91
Camarilla50.9751.6252.2752.9253.5754.2254.87
Woodie42.2946.3649.3853.4556.4760.5463.56
Fibonacci46.5349.2450.9253.6256.3358.0160.71

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): 60.28
MACD (12,26,9): 0.7000
Directional Movement: 8.75
AROON (14): 21.43
DEMA (21): 54.90
Parabolic SAR (0,02-0,02-0,2): 50.35
Elder Ray (13): 1.13
Super Trend (3,10): 50.74
Zig ZAG (10): 55.41
VORTEX (21): 0.9700
Stochastique (14,3,5): 84.50
TEMA (21): 54.44
Williams %R (14): -8.51
Chande Momentum Oscillator (20): 0.40
Repulse (5,40,3): 4.1800
ROCnROLL: 1
TRIX (15,9): 0.2500
Courbe Coppock: 4.87
MA7: 53.62
MA20: 54.55
MA50: 51.38
MA100: 48.56
MAexp7: 54.30
MAexp20: 53.80
MAexp50: 51.91
MAexp100: 50.25
Price / MA7: +3.34%
Price / MA20: +1.58%
Price / MA50: +7.84%
Price / MA100: +14.11%
Price / MAexp7: +2.04%
Price / MAexp20: +2.99%
Price / MAexp50: +6.74%
Price / MAexp100: +10.27%

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

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