Today's Technical View on Activision Blizzard, Intl. Game Technology, Glu Mobile, and Rovi

  Today's Technical View on Activision Blizzard, Intl. Game Technology, Glu
                               Mobile, and Rovi

PR Newswire

LONDON, April 11, 2013

LONDON, April 11, 2013 /PRNewswire/ --

All the major indices continued their upward ascent with the S&P 500 and The
Dow Jones Index closing at all time highs. The technology sector remained
strong with S&P Technology Sector Index showing 1.8 percent gain. The sector
received a lift from positive quarterly results announced by constituent
companies. Our research team tracked the performance of major technology
companies including Activision Blizzard Inc. (NASDAQ: ATVI), International
Game Technology (NYSE: IGT), Glu Mobile Inc. (NASDAQ: GLUU) and Rovi
Corporation (NASDAQ: ROVI). StockCall initiated free in-depth technical
analysis on ATVI, IGT, GLUU, and ROVI which are currently available upon sign
up at

Activision Blizzard Inc. extended its 52-weeks gain by closing 1.43 percent
higher. The stock ended Wednesday's session at $14.88, while its highest price
point for the session stood at $15.00. It traded 4.66 million shares, down
from its average daily volume of 6.33 million. Activision Blizzard traded in
the range of $10.45 and $15.08 in the past 52 weeks, and currently it is
trading near its high price point. The company commands market capitalization
of $16.54 billion, and it reported its latest EPS at $1.01. The company's
stock gained more than 17 percent in the past 52 weeks. Sign up for the free
technical analysis on ATVI at

International Game Technology showed gains with below average volume to end
its latest session at $16.65. The stock ended 2.21 percent higher than its
previous close. Its volume for the day stood at 2.297 million shares. The
stock is currently trading higher than its 20-day SMA and its 50-day SMA of
$16.61 and $16.58 respectively, showing a bullish trend. Its first resistance
level is at $16.79 while it may tumble down to $16.44 before receiving any
support. International Game Technology's stock is up 21.98 percent on a YTD
basis, while offering 1.92 percent dividend yield. The company commands
market capitalization of $4.40 billion. Download the free report on IGT by
registering at

Glu Mobile Inc. ended its latest trading session at $2.91, up 1.75 percent
from its previous close. With its latest upward movement, the stock is now up
25.97 percent on a YTD basis, while its 52 weeks loss stands at 41.57 percent.
The company's stock oscillated in the range of $2.80 and $2.93 during
yesterday's session. It traded 2.25 million shares and shows a bullish trend.
The stock may touch $3.08 in the coming trading sessions. Upon breaching this
level, its next resistance level is at $3.25. Glu Mobile trades at beta of
2.38, making it a highly volatile stock while its 52 weeks range stands at
$1.99 and $5.90. The free report on GLUU can be downloaded by signing up now

Rovi Corporation traded up in Wednesday's trading session. The stock closed
3.34 percent higher at $21.33 with below average volume of 489,244 shares,
showing a bullish trend. Rovi has its first support level at $21.10. Upon
breaching this level, its next support level is at $19.51. Rovi Corporation's
52 weeks high stands at $30.32, while its 52 weeks low stands at $9.91. The
company commands market capitalization of $2.24 billion. The company is also
trading below its short-term and long-term average price of $21.34 and $21.36
respectively. Free report on ROVI can be accessed by registering at

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