ACTIVISION BLIZZARD INC

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Type:	Stocks
Ticker:	ATVI
ISIN:

ACTIVISION BLIZZARD INC - 1H - Technical analysis published on 10/03/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

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ACTIVISION BLIZZARD INC Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 93.38 USD

My targets

97.54 USD (+3.84%)

101.60 USD (+8.17%)

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 93.38 USD. The buyers' bullish objective is set at 97.54 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 101.60 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.3

Comment on the analysis

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 Londinia.

Additional analysis

Quotes

The ACTIVISION BLIZZARD INC price is 93.93 USD. The price registered a decrease of -0.01% on the session with the lowest point at 93.76 USD and the highest point at 93.99 USD. The deviation from the price is +0.18% for the low point and -0.06% for the high point.

93.76

93.99

93.93

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

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ACTIVISION BLIZZARD INC:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this ACTIVISION BLIZZARD INC chart shows a strongly bullish trend. 82.14% 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 a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	92.47	93.38	93.83	93.93	94.05	97.54	101.60
Change (%)	-1.55%	-0.59%	-0.11%	-	+0.13%	+3.84%	+8.17%
Change	-1.46	-0.55	-0.10	-	+0.12	+3.61	+7.67
Level	Intermediate	Minor	Minor	-	Major	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	93.37	93.49	93.71	93.83	94.05	94.17	94.39
Camarilla	93.85	93.88	93.91	93.94	93.97	94.00	94.03
Woodie	93.43	93.52	93.77	93.86	94.11	94.20	94.45
Fibonacci	93.49	93.62	93.70	93.83	93.96	94.04	94.17

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	92.44	92.91	93.27	93.74	94.10	94.57	94.93
Camarilla	93.40	93.48	93.55	93.63	93.71	93.78	93.86
Woodie	92.39	92.88	93.22	93.71	94.05	94.54	94.88
Fibonacci	92.91	93.23	93.42	93.74	94.06	94.25	94.57

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	89.69	90.71	92.17	93.19	94.65	95.67	97.13
Camarilla	92.95	93.18	93.40	93.63	93.86	94.09	94.31
Woodie	89.91	90.82	92.39	93.30	94.87	95.78	97.35
Fibonacci	90.71	91.66	92.24	93.19	94.14	94.72	95.67

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	56.29
MACD (12,26,9):	0.0500
Directional Movement:	1.13
AROON (14):	71.42
DEMA (21):	93.91
Parabolic SAR (0,02-0,02-0,2):	93.64
Elder Ray (13):	0.05
Super Trend (3,10):	94.03
Zig ZAG (10):	93.90
VORTEX (21):	1.1500
Stochastique (14,3,5):	83.33
TEMA (21):	93.90
Williams %R (14):	-21.79
Chande Momentum Oscillator (20):	0.16
Repulse (5,40,3):	0.0100
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	0.44

MA7:	93.86
MA20:	92.83
MA50:	92.02
MA100:	86.98
MAexp7:	93.91
MAexp20:	93.85
MAexp50:	93.67
MAexp100:	93.28
Price / MA7:	+0.07%
Price / MA20:	+1.18%
Price / MA50:	+2.08%
Price / MA100:	+7.99%
Price / MAexp7:	+0.02%
Price / MAexp20:	+0.09%
Price / MAexp50:	+0.28%
Price / MAexp100:	+0.70%

Quotes : - 15 min delayed data - 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:

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

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