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

Apr 11, 2013, 08:00 ET from

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 at

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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