Gaming company Take-Two Interactive (TTWO) has gained just over 2% since the start of 2019. However, TTWO has risen 11.3% since April, and it’s up 8.5% so far in May. Peer gaming stocks Activision Blizzard (ATVI), Electronic Arts (EA), and Zynga (ZNGA) have generated returns of -8.5%, 17%, and 54.2%, respectively, since the start of this year.
TTWO stock has created significant wealth for investors over the years. Its strong portfolio of games has driven its sales higher. In the last five years, TTWO stock has risen at a compound annual growth rate of 39%. On an annual basis, EA, ATVI, and Zynga have risen 21.5%, 15.5%, and 12%, respectively, in the last five years.
On May 24, TTWO closed the trading day at $105.02. Based on that price, the stock was trading as follows:
- 7.8% above its 100-day moving average of $97.46
- 7.5% above its 50-day moving average of $97.69
- 2.5% above its 20-day moving average of $102.44
MACD and RSI
TTWO’s 14-day MACD (moving average convergence divergence) is 0.77. A stock’s MACD marks the difference between its short-term and long-term moving averages. The company’s positive MACD score indicates an upward trading trend.
TTWO has a 14-day RSI (relative strength index) score of 61, which shows that it’s trading close to oversold territory. An RSI score of above 70 indicates that the stock is overbought, while an RSI score of below 30 indicates that the stock is oversold.