Take-Two Interactive Software is a developer, publisher and marketer of entertainment for consumers around the globe. Co. develops, operates and publishes products principally through Rockstar Games, 2K, Private Division, and Zynga. Co.'s products are designed for console gaming systems, including, but not limited to, the Sony Computer Entertainment, Inc. PlayStation®4 and PlayStation5, Microsoft Corporation Xbox One® and Xbox Series X S, and Nintendo's Switch™, as well as personal computers, and mobile, including, smartphones and tablets. Co. delivers its products through physical retail, digital download, online platforms, and cloud streaming services.
When researching a stock like Take-Two Interactive Software, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from TTWO Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for TTWO stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the TTWO 200 day moving average ("TTWO 200 DMA"), while one of the most popular "shorter look-backs" is the TTWO 50 day moving average ("TTWO 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Take-Two Interactive Software. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the TTWO 200 DMA and the TTWO 50 DMA, we get a moving average convergence divergence indicator ("TTWO MACD"). The TTWO MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis