Technical Study: Activision Blizzard Inc., Sina Corp., Autodesk Inc., and Velti PLC Editor Note: For more information about this release, please scroll to bottom. PR Newswire LONDON, October 24, 2013 LONDON, October 24, 2013 /PRNewswire/ -- On Wednesday, October 23, 2013, all three indexes of the US equity market fell. The S&P 500 ended the day at 1,746.38, down 0.47%; the Dow Jones Industrial Average closed at 15,413.33, down 0.35%; and the NASDAQ Composite finished at 3,907.07, down 0.57%. Shares in the technology sector mostly ended lower, as the broader market posted losses. The major movers in the sector included Activision Blizzard Inc. (NASDAQ: ATVI), SINA Corporation (NASDAQ: SINA), Autodesk Inc. (NASDAQ: ADSK), and Velti PLC (NASDAQ: VELT). AAAResearchReports.com free coverage on ATVI, SINA, ADSK, and VELT is available upon registration at: http://www.aaaresearchreports.com/register/ Activision Blizzard Inc.'s shares ended the day 1.08% lower at $17.41, after vacillating between $17.37 and $17.70. A total of 5.14 million shares were traded, which is below the daily average volume of 7.05 million. Despite Wednesday's losses, the company's shares have advanced 2.65% in the last one month and 14.39% in the past three months, outperforming the S&P 500, which has advanced 2.62% and 3.19% during the respective periods. Furthermore, Activision Blizzard Inc.'s stock is trading above its 50-day and 200-day moving averages of $16.99 and $15.04, respectively. Download free technical research on ATVI by signing up at: http://www.AAAResearchReports.com/ATVI102413.pdf On Wednesday, SINA Corp.'s stock declined by 0.77%, tracking losses in the broader market. The company's shares traded between $83.27 and $86.10 before finishing the day at $85.30. A total of 2.27 million shares were traded, which is less than the daily average volume of 2.62 million. Despite Wednesday's pullback, the company's shares have gained 6.87% in the last one month and 34.06% in the previous three months, outperforming the S&P 500, which has advanced 2.62% and 3.19% during the respective periods. Moreover, SINA Corp.'s stock is trading above its 50-day and 200-day moving averages of $82.91 and $62.61, respectively. Register now and get access to free analysis on SINA at: http://www.AAAResearchReports.com/SINA102413.pdf On Wednesday, Autodesk Inc.'s stock ended the day at $39.49, which is 1.28% lower than the previous day's closing price of $40.00. The company's shares fluctuated between $39.24 and $39.99 during the trading session. A total of 1.89 million shares were traded, which is below the daily average volume of 3.44 million. Despite Wednesday's losses, the company's shares have gained 8.25% in the previous three months, outperforming the S&P 500, which has advanced 3.19% during the same period. Additionally, Autodesk Inc.'s stock is trading above its 50-day and 200-day moving averages $39.08 and $37.85, respectively. Sign up and read our complimentary report on ADSK at: http://www.AAAResearchReports.com/ADSK102413.pdf Velti PLC.'s stock advanced on Wednesday, reversing all the losses from the previous trading session. The company's shares closed the day 1.96% higher at $0.24, after oscillating between $0.23 and $0.26 during the trading session. A total of 1.63 million shares were traded, which is below the daily average volume of 2.00 million. Despite Wednesday's gains, the company's stock has declined by 8.04% in the previous three trading sessions, underperforming the S&P 500, which has advanced 0.11% during the same period. Further, Velti PLC.'s stock is trading below its 50-day and 200-day moving averages $0.42 and $1.91, respectively. The free report on VELT can be downloaded by signing up now at: http://www.AAAResearchReports.com/VELT102413.pdf ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. 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Technical Study: Activision Blizzard Inc., Sina Corp., Autodesk Inc., and Velti PLC
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