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    Activision Blizzard - Research Report

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    - Activision Blizzard (ATVI) is recommended as a buy with an entry price between $98.5-100 and a target price of $118, representing upside of 18.59%. - Technical indicators like a moving average breakout and resistance level breakout around $98 suggest the stock is poised for gains. - Fundamentally, ATVI has strong financial metrics like revenue, EPS, and return on equity to support an investment with at least a 2 month timeframe.

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    Activision Blizzard - Research Report

    Uploaded by

    api-554762479
    96 views1 page
    - Activision Blizzard (ATVI) is recommended as a buy with an entry price between $98.5-100 and a target price of $118, representing upside of 18.59%. - Technical indicators like a moving average breakout and resistance level breakout around $98 suggest the stock is poised for gains. - Fundamentally, ATVI has strong financial metrics like revenue, EPS, and return on equity to support an investment with at least a 2 month timeframe.

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    - Activision Blizzard (ATVI) is recommended as a buy with an entry price between $98.5-100 and a target price of $118, representing upside of 18.59%. - Technical indicators like a moving average breakout and resistance level breakout around $98 suggest the stock is poised for gains. - Fundamentally, ATVI has strong financial metrics like revenue, EPS, and return on equity to support an investment with at least a 2 month timeframe.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    96 views1 page

    Activision Blizzard - Research Report

    Uploaded by

    api-554762479
    - Activision Blizzard (ATVI) is recommended as a buy with an entry price between $98.5-100 and a target price of $118, representing upside of 18.59%. - Technical indicators like a moving average breakout and resistance level breakout around $98 suggest the stock is poised for gains. - Fundamentally, ATVI has strong financial metrics like revenue, EPS, and return on equity to support an investment with at least a 2 month timeframe.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    SquarExchange

    Activision Blizzard. June 29 ,2 0 21


    Queries
    Prepackaged Software Entry Price: $98.5-$100 [email protected]
    Symbol: ATVI Target Price: $118
    Recommendation: BUY Upside: 18.59%

    Trading Strategy
    COMPANY STATISTICS Below are the main technical and fundamental drivers behind trading ATVI:

    Market Cap ($ Bn): $74.41  Moving Average Breakout – After significant consolidation and the 26-day EMA
    crossing over the 50-day EMA ATVI is witnessing bullish momentum. The stock
    52-Week Range: $71.19 – 104.53
    has considerable support between the 100-day and 200-day EMAs, which can lead
    Dividend Yield: 0.51% into upside potential.
    Revenue ($ Bn): 8.09  Relative Strength Index– The stock is making higher lows, but the RSI has been
    EPS (TTM): $ 3.25 trailing with lower lows on the 1D time interval. This divergence acts as an early
    indication of a strong incoming move.
    P/Sales (TTM): 8.68x
    P/E (TTM): 32.22x  Resistance Level Breakout – Over the last 4 months, ATVI has been
    consolidating between the $98-$88 levels on the 1D time interval. Price patterns
    P/E (Forward): 28x indicate that the stock has retested support and an idea entry point can be found
    P/Book (TTM): 4.95x once the stock sustains above the $98.5 levels.
    P/FCF (TTM): 25.97x Trading Thesis
    Return on Equity (TTM): 18.18%  Entry Price: $98.5- $100
    Current Ratio: 3.43
     Price Target: $118
    Equity Beta: 0.61
     Stop Loss: $87
    Shares Outstanding (in Mn): 777.02
     Time Period: At least 2 months

    Disclaimer: SquarExchange is an informational organization. We are not registered investment brokers; therefore, we
    cannot assess, verify or guarantee the adequacy, accuracy or completeness of any information. The suitability or
    profitability of any particular investment, or the potential value of any investment or informational source should be verified
    by your financial advisor or by conducting your own financial research. Historical performance is not indicative of future
    results; hence, we do not take responsibility for any trades taken based on the information presented in this report.

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