Want to know Activision Blizzard’s current price and what’s next for ATVI stock? On this page, we share the latest news about Activision Blizzard and provide tips on buying shares. You can also view the latest Activision Blizzard stock forecast for 2021 and 2022 from our experts.
Should you buy or sell Activision Blizzard stock today? To what levels can the shares of this company rise in a year, two, three? How much will Activision Blizzard papers cost in 2021, 2022, 2023? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. The share forecasts indicate target levels for ATVI shares, both up and down.
Activision Blizzard Forecast for 2022 and 2023
Quotes Activision Blizzard continue to move within the fall and the rising channel. The moving averages point to a short-term bearish trend in ATVI shares. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of securities and a likely continuation of the fall in the near future. At the time of publication of the forecast, the share price is 82.30 per share. As part of the forecast, we should expect an attempt to continue the development of the fall and a test of the support level near the area of 67.05. Further, the price bounces up and the continued growth in the value of securities. The potential target of such a movement in shares is the area above the level of 130.05 already in 2021, 2022, 2023.
An additional signal in favor of the growth of Activision Blizzard quotes will be a test of the trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the bullish channel. Cancellation of the growth option for Activision Blizzard stock prices will be a fall and a breakdown of the level of 55.55. This will indicate a breakdown of the support area and the lower border of the channel, in this case, we can consider a continuation of the decline in securities to the area at the level of 40.05. It is worth waiting for confirmation of the rise in shares with a breakdown of the resistance area and closing above the level of 90.05, which will indicate the completion of the development of a downward correction.
Activision Blizzard Forecast for 2022 and 2023 suggests the development of a correction and a test of the support area near the level of 67.05. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 130.05. A test of the trend line on the relative strength index (RSI) will come out in favor of the growth of securities. Cancellation of the ATVI rise option will be a fall and a breakdown of the level of 55.55. This will indicate a breakdown of support and a continuation of the fall in value to the area below the level of 40.05.
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