ATVI
- Looks real strong on Weekly just broke out of cup! might be a great play today ! The Activision Blizzard stock witnessed a gain of 0.592% on the last trading day, Friday, July 14, 2023, as the price rose from $89.54 to $90.07. Throughout the day, the stock exhibited a fluctuation of 1.92%, reaching a low of $89.78 and a high of $91.50. Over the past 10 days, the stock has experienced a decline in 6 of them, although it still managed to register a notable gain of 8.41% over the past 2 weeks. Notably, the volume increased alongside the price on the last day, which is considered a positive technical sign. In total, there were 26 million more shares traded compared to the previous day, with a total of 46 million shares being bought and sold, amounting to approximately $4.19 billion.
Presently, the stock is positioned in the upper segment of a wide and somewhat weak rising trend in the short term. This could potentially offer an advantageous selling opportunity for short-term traders, as a reaction back towards the lower part of the trend could be expected. A breakout above the top trend line at $91.27 would indicate a stronger rate of ascent. Based on the current short-term trend, the stock is projected to rise by 6.71% over the next three months. Moreover, there is a 90% probability that the stock will maintain a price range between $84.42 and $97.40 at the conclusion of this three-month period.