Today's Research: Activision Blizzard Inc., Sina Corp., Autodesk Inc., and Velti Plc

LONDON, August 26, 2013 /PRNewswire/ --

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On Friday, August 23, 2013, the US equity market ended the week on a higher note. The NASDAQ closed 0.52% higher at 3,657.79, and the S&P 500 closed 0.39% higher at 1,663.50. Shares in technology sector companies ended on a mixed note even as the broader market edged higher. 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 has completed their technical analysis on ATVI, SINA, ADSK, and VELT and these free reports are accessible by registering at:

http://www.aaaresearchreports.com/register/  

Activision Blizzard Inc.'s stock fluctuated between $16.60 and $16.89 on Friday before ending the day at $16.72, down 0.48%. A total of 5.44 million shares were traded, which is less than the daily average volume of 7.72 million. The company's shares have gained 10.14% in the last one month, outperforming the S&P 500 which has fallen 1.66% during the same period. Further, Activision Blizzard Inc.'s shares are trading above their 50-day and 200-day moving averages. Sign up for free technical research on ATVI at:

http://www.AAAResearchReports.com/ATVI082613.pdf

Shares in SINA Corporation ended the day 0.81% higher at $82.19 after fluctuating between $81.23 and $82.68. A total of 1.11 million shares were traded, which is below the daily average volume of 2.13 million. SINA Corporation's shares have gained 23.54% in the last one month and 41.34% in the last three months, outperforming the S&P 500. Additionally, the company's stock is trading above its 50-day and 200-day moving averages and close to its 52-week high of $86.00. Be sure to read our latest technical research on SINA by registering at:

http://www.AAAResearchReports.com/SINA082613.pdf

Autodesk Inc.'s shares surged on Friday reaching its 52-week high of $41.72.The company's shares oscillated between $38.75 and $41.72 before finishing the session at $38.91, up 7.69% from their previous closing price of $36.13. A total of 16.68 million shares were traded, which is significantly above the daily average volume of 2.76 million. The company's shares are currently trading above their 50-day and 200-day moving averages. Furthermore, the stock has gained 9.02% in the previous three trading sessions, compared to a gain of 0.67% in the S&P 500 during the same period. Sign up and read the complimentary report on ADSK at:

http://www.AAAResearchReports.com/ADSK082613.pdf

On Friday, Velti PLC's stock plummeted, extending losses from previous trading sessions. Velti PLC's shares closed at $0.35, down 5.41%, after oscillating between the 52-week low of $0.33 and the intra-day high of $0.39. A total of 6.08 million shares were traded, which is well above the daily average volume of 1.87 million. Velti PLC's shares are down 65.00% in the last three days and 82.67% in the last three months, underperforming the S&P 500. Further, the company's shares are trading below their 50-day and 200-day moving averages. The free report on VELT can be downloaded by signing up now at:

http://www.AAAResearchReports.com/VELT082613.pdf

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SOURCE AAA Research Reports