Zynga Inc (ZNGA)

[Trevor11]

ZNGA: BUY OUT…





INTEREST IN THE STOCK OF LATE. RIGHT NOW, THIS STOCK HAS BEEN SHOWING STRONG RELATIVE VOLUME, WHICH INDICATES INTEREST AMONG THOSE MAKING A MARKET FOR SHARES OF THE STOCK.


BUSINESS

ZYNGA INC. CL A (NASDAQ:ZNGA) BUY OUT ON THE HORIZON ?

PUBLISHED
8 HOURS AGO
ON
FEBRUARY 26, 2018
BY
SHELLEY HANSON

In the spirit of strong objective analysis, we are going to take a close look at Zynga Inc. Cl A (NASDAQ:ZNGA) from a technical chartist point of view today.

In short, technical analysis assumes that all publicly available facts about a stock are already discounted by knowledgeable buyers and sellers. And it is from there that the real work begins: examining the stocks behavior on the chart.
As such, we will begin with a quick check of the primary oscillators: the 14-day Relative Strength Indicator (RSI) and the 20-day fast stochastic. Both of these measures report on the degree to which a security is overbought or oversold ie, whether it has gone too far too fast in one direction or the other, and some kind of mean-reversion is called for. In each case, an indicator score of above 75 is considered overbought, while a score under 25 is considered oversold. In the case of Zynga Inc. Cl A, the 14-day RSI stands at 48.99%, while the past month of action shows a score of 54.55% on the fast stochastic.
Well, what if we now look away from mean-reversion and towards the concept of trend That comprises our next step. To do this, we will start off by examining the most common systematic technical method of determining the direction of long-term trend in a stock: moving averages.
IN THE MOST BASIC SENSE, WE CAN SEE THAT ZNGA HAS RECENTLY BEEN EXHIBITING A BEARING ON THE CHART THAT SUGGESTS AN OVERALL BULLISH MODE OF BEHAVIOR. This read comes from a look at the relative positioning of the 50-day and 200-day simple moving averages: if the 50-day is trading above the 200-day, momentum is to the upside making a bull case for trend; if the 50-day is trading below the 200-day, momentum is to the downside, making a bear case for trend. In this example, that system makes a bullish case, which naturally implies a positive money flow scenario for the stock.
So, we’ve spent some time looking at price as a factor. But what about volume In fact, many technicians view volume as more important than price. Volume defines the total level of participation involved in a stock. Its a coefficient of meaning that should be metaphorically multiplied times price action to equal conviction. IN THIS CASE, WE WANT TO EXAMINE RELATIVE VOLUME MEASURES TO GET A FEEL FOR INTEREST IN THE STOCK OF LATE. RIGHT NOW, THIS STOCK HAS BEEN SHOWING STRONG RELATIVE VOLUME, WHICH INDICATES INTEREST AMONG THOSE MAKING A MARKET FOR SHARES OF THE STOCK.
Next, we will turn to key levels. We always like to start this with a look at the key Fib levels. Fib refers to Fibonacci, which is the number series that works toward a ratio limit of the Golden Ratio, often found as a key in nature as well as markets. In this case, the critical 38.2% level drawn off the 52-week high of $4.34 sits at $3.69. ZNGA also has additional resistance above at the stocks 200-day simple moving average, which sits at $ 3.73.
While price action, trends, and volume are important, for traders, volatility may be as important as anything in defining the potential opportunity in a stock. Hence, we want to take a moment and consider this stocks overall range of movement, as well as its relative performance.
ZNGA has moved $-0.09 over the past month or so. Over the trailing 100 days, the stock is underperforming the S&P 500 by 14.11%. This movement has come on a less volatile bearing from one day to the next relative to the broader market, according to the stocks 36-month beta. Similarly, we can see that the stocks recent action has come on a historical volatility score of 40.03%. To get that score, one has to take the standard deviation of returns for a random trading input assuming buying the stock at a given average price during the specified period.
ON A MORE BASIC LEVEL, ONE MIGHT LOOK AT THE 20-DAY ATR AS A PERCENTAGE OF ITS 20-DAY MOVING AVERAGE. THAT MEASURE GIVES US A VOLATILITY SCORE OF 3.65%. NATURALLY, WE WILL CONTINUE TO KEEP CLOSE TABS ON THE STOCK AND UPDATE THIS PICTURE again soon.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of argusjournal.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please click HERE



Source:
https://www.argusjournal.com/zynga-inc-cl-a-nasdaqznga-buy-out-on-the-horizon/






•Providing virtual items based on location-based actions
Patent number: 9895608

Abstract: A method of providing virtual items based on location-based actions is disclosed. An indication is received of a performance of a location-based action by a player of a computer-implemented game. A virtual item is added to an inventory of a player character of the player of the computer-implemented game based on the receiving of the indication of the performance of the location-based action by the player of the computer-implemented game. The virtual item is usable within the computer-implemented game by the player character of the player of the computer-implemented game.
Type: Grant
Filed: March 30, 2012
Date of Patent: February 20, 2018
Assignee: Zynga Inc.
Inventors: Kathleen Auterio, Deniz Ersever, Nathan Arthur Etter, Hardik Kheskani, Serena Lam, Amitt Mahajan, Christopher Joseph Makarsky, Jay Monahan, Donald C. Mosites, Benjamin Mullin, Matthew Adam Ocko, Brian Reynolds, Shantanu Talapatra, Justin Waldron, Ian Wang, Jackson Wang


•Social surfacing and messaging interactions
Patent number: 9895609

Abstract: This disclosure generally relates to systems and methods to provide interaction messages related to in-game activities and events within a computer-implemented multiplayer online game environment. In an example embodiment, potential interactions for a user's social connections are determined, and interaction messages detailing the potential interactions are generated and displayed for the user's social connections. In response to user activity with the interaction messages, various in-game events may be performed. In a further example, the interaction messages are provided and displayed directly through a “friendship” or “neighbor” bar providing a listing of in-game social connections.
Type: Grant
Filed: June 16, 2017
Date of Patent: February 20, 2018
Assignee: Zynga Inc.
Inventors: Scott G. Miller, Joseph Lopez, Janus Anderson, Sara Nelson, Hernan Alamo, Matthew Daniel Klepac





•Social collaboration in community casino game offered as player incentive
Patent number: 9881447

Abstract: Methods, systems, and computer programs are presented for enhancing social collaboration in an online casino game. One method includes an operation for receiving bets from players playing in a first gambling mode in an online gambling room. The method also includes an operation for determining contributions to a community metric based on the outcomes of the bets, where all players in the online gambling room contribute towards the community metric. After detecting that the community metric reaches a predetermined goal, the online casino game enters all players in the online gambling room into a second gambling mode to achieve a room goal, where the value of the community metric does not change while players are in the second gambling mode.
Type: Grant
Filed: June 13, 2016
Date of Patent: January 30, 2018
Assignee: Zynga Inc.
Inventors: Josh Guase, Nimai Malle, Nathan Ratcliffe

Source:

https://patents.justia.com/company/zynga





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ZNGA: PARTNERING WITH THE WORLD POKER TOUR




“WE’RE PROUD TO PARTNER WITH WORLD POKER TOUR, A GLOBAL LEADER IN REAL-WORLD POKER TOURNAMENTS,…



ZYNGA READY TO TAKE ON THE WORLD…POKER TOUR


FEBRUARY 12, 2018
NEWS
BY KATIE CALLAHAN

PLAY USA > US ONLINE GAMBLING NEWS > NEWS > ZYNGA READY TO TAKE ON THE WORLD…POKER TOUR



THE WORLD POKER TOUR ANNOUNCED A MULTI-YEAR GAMING PARTNERSHIP WITH ZYNGA INC. FEB. 7 AND WILL INTRODUCE WPT-THEMED TOURNAMENTS TO ZYNGA POKER LATER THIS YEAR.


SOURCE:

https://www.investorvillage.com/smbd.asp?mb=17618&mn=570&pt=msg&mid=18008211