ACTIVISION BLIZZARD INC (ATVI) Technical Analysis
NASDAQ:ATVI • US00507V1098
Current stock price
ATVI Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ATVI. Both in the recent history as in the last year, ATVI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ATVI is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, ATVI also shows a nice and consistent pattern of rising prices.
- ATVI is part of the Entertainment industry. There are 79 other stocks in this industry. ATVI outperforms 93% of them.
- ATVI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ATVI is leading the market.
- ATVI has an average volume of 6839760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ATVI has a been trading in a tight range between 91.73 and 94.57.
ATVI Weekly and Daily overview Charts
ATVI Setup Rating and Analysis
ATVI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 94.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 94.07, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ATVI Support and Resistance Analysis
73.10
6 important support areas can be observed.
- A support zone ranging from 90.43 to 94.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @81.79 from a trend line in the weekly time frame.
- A support zone ranging from 79.31 to 80.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @77.69 from a horizontal line in the daily time frame.
- Support @75.72 from a horizontal line in the daily time frame.
- Support @73.84 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 94.43 to 94.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
ATVI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ATVI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATVI is up. |
| ChartMill Relative Strength | 91.74 | POSITIVE | ATVI has a high relative strength, it outperformed 91.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATVI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATVI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATVI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.85 | OVERBOUGHT | The high RSI value suggests ATVI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ATVI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.73 | OVERBOUGHT | The high Stochastics value suggests ATVI may be overbought. |
| Average True Range in percent/ATR (20) | 0.46 | LOW VOLATILITY | The low ATR as a percentage value for ATVI suggests low volalility. |
| Average Directional Index/ADX (14) | 40.47 | POSITIVE | The high ADX value value for ATVI suggests a strong trend. |
ATVI Chart- and CandleStick Pattern Analysis
ATVI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 94.48 | 93.44 | 1.04 (1.10%) | 25.00% |
| An entry @94.48. This is a Buy Stop order right above the resistance zone. | An exit @93.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.04 points, which is 1.10%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.28%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ATVI Technicals: Chart, Performance Metrics, Trend & Indicators
94.42
-0.05 (-0.05%)
ACTIVISION BLIZZARD INC / ATVI TA FAQ
Can you provide the ChartMill technical rating for ACTIVISION BLIZZARD INC?
ChartMill assigns a technical rating of 9 / 10 to ATVI.
What is the current trend direction of ACTIVISION BLIZZARD INC (ATVI) stock?
The current trend direction for ACTIVISION BLIZZARD INC (ATVI) is Bullish.
Can you provide the RSI signal for ACTIVISION BLIZZARD INC?
ACTIVISION BLIZZARD INC (ATVI) has an RSI value of 70.8504. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for ACTIVISION BLIZZARD INC?
The buy/sell signal for ACTIVISION BLIZZARD INC (ATVI) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ACTIVISION BLIZZARD INC (ATVI) stock?
ACTIVISION BLIZZARD INC (ATVI) has a support level at 94.07 and a resistance level at 94.43. Check the full technical report for our detailed analysis of ATVI support and resistance levels.