Activision Blizzard (ATVI -5%) is lower today after a weekend article points to some disarray on the company's key Call of Duty franchise.
The RSI Indicator for ATVI moved out of oversold territory on May 10, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 30 similar instances when the indicator left oversold territory. In of the 30 cases the stock moved higher. This puts the odds of a move higher at .
The Momentum Indicator moved above the 0 level on May 15, 2023. You may want to consider a long position or call options on ATVI as a result. In of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for ATVI just turned positive on May 16, 2023. Looking at past instances where ATVI's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ATVI advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .
ATVI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
ATVI moved below its 50-day moving average on April 26, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for ATVI crossed bearishly below the 50-day moving average on May 03, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ATVI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.135) is normal, around the industry mean (31.526). P/E Ratio (34.130) is within average values for comparable stocks, (167.679). Projected Growth (PEG Ratio) (1.990) is also within normal values, averaging (4.163). Dividend Yield (0.006) settles around the average of (0.040) among similar stocks. P/S Ratio (7.788) is also within normal values, averaging (75.236).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ATVI’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a publisher of online, personal computer, console, handheld and mobile interactive entertainment products
A.I.dvisor indicates that over the last year, ATVI has been loosely correlated with VMW. These tickers have moved in lockstep 45% of the time. This A.I.-generated data suggests there is some statistical probability that if ATVI jumps, then VMW could also see price increases.
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|EA - ATVI|
|TTWO - ATVI|
|GDRX - ATVI|
|WEX - ATVI|