The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) recorded -23.96% downtrend from the beginning of this year till date. The 12-month potential price target for Activision Blizzard, Inc. is set at $73.69. This target means that the stock has an upside potential to increase by 53.04% from the current trading price. ATVI went up by $1.63 now trading at $48.15. Their shares witnessed a 3.91% increase from the 52-week low price of $46.34 they recorded on 2018-12-06. Even though it is still -75.87% behind the $84.68 high touched on 2018-10-01. The last few days have been rough for the stock, as its price has decreased by -5.63% during the week. It has also performed poorly over the past three months, as it lost around -33.09% while it has so far retreated around -19.14% during the course of a year.
When giving their opinion, around 71.43% of Wall Street analysts, which represents 20 out of 28 rated the stock as a Buy. 8 brokerage firms of the remaining 28.57% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate ATVI shares held by institutional investors represents 93% of total shares. 126 institutions entered new Activision Blizzard, Inc. (NASDAQ:ATVI) positions, 501 added to their existing positions in these shares, 362 lowered their positions, and 65 exited their positions entirely.
Activision Blizzard, Inc. (ATVI) trade volume has increased by 74.51% as around 18,402,595 shares were sold when compared with its 50-day average volume of traded shares which is 10,545,382. At the moment, ATVI is witnessing a downtrend, as it is trading -8.91% below its 20-day SMA, -27.03% below its 50-day SMA, and -32.32% below its 200-day SMA. The company runs an ROE of roughly 5.7%, with financial analysts predicting that their earnings per share growth will be around 11.97% per annum for the next five year. This will be compared to the 3.4% increase witnessed over the past five years.
The first technical resistance point for Activision Blizzard, Inc. (NASDAQ:ATVI) will likely come at $49.14, marking a 2.01% premium to the current level. The second resistance point is at $50.13, about 3.95% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $44.51, the lower end of the range. ATVI’s 14-day MACD is -2.92 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 32.27, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 63.47 percent, which is high when compared to that of the 50-day’s 56.18 percent.
The shares of Mondelez International, Inc. (NASDAQ:MDLZ) has decreased by -0.49%, and now trading at $44.25 on the Wall Street in the intra-day deal, with their shares traded now around 10,908,371. This is a rise of 3,034,851 shares over the average 7,873,520 shares that were traded daily over the last three months. The stock that is trading at $44.25 went higher by 18.25% from its 52-week low of $37.42 that it attained back on 2018-05-02. The stock recorded a 52-week high of $46.54 nearly 309 days ago on 2018-02-01.
MDLZ stock has performed well over the past 30 days, as it added 3.61% while its price climbed by 3.39% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -0.38% over the last week. The stock’s 12-month potential target price is now at $48.58. This means that the stock price might likely increase by 9.79% from its current trading price.15 out of 19 Wall Street analysts which represents 78.95% rated the stock as a buy while the remaining 21.05 rated it as a hold, with 0 of analysts rating it as a sell.
Mondelez International, Inc. (NASDAQ:MDLZ) has been utilizing an ROE that is roughly 13.5%, with stock analysts predicting that the company’s EPS for the next five years will go up by 8.16% per year, following the 16.2% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.21% above its 20-day SMA, 3.28% above its 50-day SMA, and 5.42% above its 200-day SMA. In percentage terms, the aggregate Mondelez International, Inc. shares held by institutional investors is 77.8%. 78 institutions jumped in to acquire Mondelez International, Inc. (MDLZ) fresh stake, 551 added to their current holdings in these shares, 612 lowered their positions, and 74 left no stake in the company.
The stock’s 9-day MACD is 0.14 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 52.59, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 12.86 percent, which is less when compared to that of the 50-day’s 18.32 percent. On the daily chart, we see that the stock could reach the first level of resistance at $44.68, sporting a 0.96% premium to the current level. The next resistance point is at $45.11, representing nearly 1.91% premium to the current market price of Mondelez International, Inc. (MDLZ). On the other hand, failure to breach the immediate hurdles can drag it down to $42.81, the lower end of the range.