14-day Premium Trial Subscription Sign Up For FreeGet Free

Weaker Stock
Today ATVI ranks #15183 as sell candidate. Get a Free Stock at Robinhood
Stronger Stock

$57.36 (0.12%)

Volume: 13M

Closed: Dec 03, 2021

Hollow Logo Score: -4.337

Activision Blizzard Stock Forecast

$57.36 (0.12%)

Volume: 13M

Closed: Dec 03, 2021

Score Hollow Logo -4.337
Which way will ATVI go? Request
Key Stats
P/E Ratio 16.91
Beta 0.85
Trailing Dividend Rate 0.82% ($0.47)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 6 and the stock is extremely oversold on RSI14 and is now having a minor correction up. Further gains in the short-term can be expected, and some stocks will provide a very good short-term return from this kind of RSI position unless there is a fundamental risk for bankruptcy or other issues that may affect the stock negatively.

Green day on Friday for Activision Blizzard
(Updated on Dec 03, 2021)


Sell candidate since 2021-11-16 Loss -13.27%

The Activision Blizzard stock price gained 0.12% on the last trading day (Friday, 3rd Dec 2021), rising from $57.29 to $57.36. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.84% from a day low at $56.40 to a day high of $57.44. The price has fallen in 8 of the last 10 days and is down by -8.47% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 million more shares were traded than the day before. In total, 13 million shares were bought and sold for approximately $758.23 million.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $56.65 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -21.25% during the next 3 months and, with a 90% probability hold a price between $44.61 and $56.99 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, December 01, 2021, and so far it has risen 0.14%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Activision Blizzard stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $58.91 and $69.24. A break-up above any of these levels will issue buy signals.

Support, Risk & Stop-loss

Activision Blizzard finds support from accumulated volume at $57.29 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.04 between high and low, or 1.84%. For the last week, the stock has had a daily average volatility of 2.74%.

Activision Blizzard is oversold on RSI14 (6). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Activision Blizzard stock A Buy?

Activision Blizzard holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -4.337

Predicted Opening Price for Activision Blizzard of Monday, December 6, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 6, 2021 Current price
$57.07 $57.36 (Overvalued)
Sell Candidate Unchanged

Remember To Visit Our YouTube Channel

Analyst Ratings

On Nov 22, 2021 "Truist Securities" gave "$101.00 - $74.00" rating for ATVI. The price target was changed from $61.04 to 2.1%.

Volatility and Risk
Daily Average Volatility: 2.74 %
Overall Risk: Very High High Medium Low Very Low
Volatility
2.74 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $64.20
Price: $57.36
Support: $57.29

ATVI Insider Trading Show all Trades

INSIDER POWER

1.115

Last 100 transactions
Buy: 2 835 394 | Sell: 2 543 320 (Shares)
Date Action Amount Person Type
Nov 30, 2021 Buy 8 532 Yang Jesse Common Stock, par value $0.000001 per share
Nov 04, 2021 Buy 6 874 Zerza Armin Common Stock, par value $0.000001 per share
Nov 04, 2021 Buy 6 874 Zerza Armin Common Stock, par value $0.000001 per share
Nov 04, 2021 Buy 13 748 Zerza Armin Common Stock, par value $0.000001 per share
Nov 04, 2021 Buy 5 496 Zerza Armin Common Stock, par value $0.000001 per share
Show all Insider Trades
INSIDER POWER

1.115

Last 100 transactions
Buy: 2 835 394 | Sell: 2 543 320 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 58.11 1.30 %
57.71 0.61 %
57.46 0.18 %
Current price: 57.36
Support 56.67 -1.20 %
56.42 -1.63 %
56.03 -2.32 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 66.75 16.37 %
66.14 15.31 %
64.20 11.92 %
Current price 57.36
Support 57.29 -0.12%
57.28 -0.14%
0 .

Click to get the best stock tips daily for free!

About Activision Blizzard

Activision Blizzard Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!

StockInvest.usJoin 100 000+ Happy Subscribers

Don't miss out on the runners!

Get The StockInvest.Us Newsletter

StockInvest.usStock Podcast

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT