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Information Technology Equities Technical Study: International Game Technology, Activision Blizzard, Electronic Arts, and Take-Two Interactive Software

LONDON, March 7, 2014 /PRNewswire/ --

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The trading session on Thursday, March 06, 2014, ended on a mixed as the Dow Jones Industrial Average finished at 16,421.89, up 0.38% and the NASDAQ Composite closed at 4,352.13, down 0.13%. The S&P 500 finished the session 0.17% higher at 1,877.03. The gains were broad based with seven of ten sectors edging higher. The S&P 500 Information Technology Sector Index finished the day at 599.60, up 0.01%, while the same has gained 5.64% in the last one month. has initiated coverage on the following equities International Game Technology (NYSE: IGT), Activision Blizzard Inc. (NASDAQ: ATVI), Electronic Arts Inc. (NASDAQ: EA), and Take-Two Interactive Software Inc. (NASDAQ: TTWO). Free research on these five companies can be accessed at:

On Thursday, shares in International Game Technology witnessed trading of 7.53 million shares, as compared with a three month average volume of 5.14 million shares. The stock ended the day at $15.85, up 4.34%, and at an intraday trading range of $15.21 and $15.89. The stock traded at a PE ratio of 13.95. International Game Technology's shares have gained 7.75% in the previous three trading sessions and 8.86% in the last one month, while the same has declined 12.72% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages. International Game Technology's 200-day moving average of $17.77 is above the 50-day moving average of $16.00. Additionally, shares of the company are trading at the Relative Strength Index (RSI) of 50.75. Sign up and read the free notes on IGT at:

Shares in Activision Blizzard Inc. advanced 0.65% finishing Thursday's session at $20.17. The stock recorded trading volume of 4.71 million shares as compared to a three months average volume of 7.11 million shares. The stock fluctuated between $20.01 and $20.35 during the session. The stock traded at a PE ratio of 20.08. Activision's shares have gained 3.33% in the previous three trading sessions, 17.47% in the last one month, and 13.12% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. Activision Blizzard Inc.'s 50-day moving average of $18.26 is above the 200-day moving average of $16.84. Moreover, the stock is trading at the Relative Strength Index (RSI) of 69.82. The complimentary notes on ATVI can be downloaded as in PDF format at:

On Thursday, Electronic Arts Inc.'s stock edged 0.41% higher to close the day at $29.21. A total of 3.34 million shares were traded, which is below the three months average volumes of 5.66 million. The company's shares oscillated between $29.17 and $29.65 during the trading session. The stock traded at a PE ratio of 569.76. Electronic Arts' shares have advanced 3.99% in the previous three trading sessions, 10.39% in the last one month, and 27.33% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. Electronic Arts Inc.'s 50-day moving average of $25.37 is above the 200-day moving average of $24.77. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 71.05. Register for free on Investor-Edge and access the latest research on EA at:

Shares in Take-Two Interactive Software Inc. saw a trading of 1.74 million shares, as compared with a three month average volume of 3.07 million shares. The stock ended the day at $20.74, down 0.29%. It saw an intraday trading range of $20.71 and $21.06. The company's shares traded at a PE ratio of 6.10. Despite Thursday's losses, Take-Two's shares have gained 3.70% in the previous three trading sessions, 13.71% in the last one month, and 19.40% on YTD basis. Shares of the company are trading above its 50-day and 200-day moving averages. Take-Two Interactive Software Inc.'s 50-day moving average of $18.49 is above the 200-day moving average of $17.42. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 66.95. The complete research on TTWO is available for free at:


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