Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $215.00 short put and a strike $205.00 long put offers a potential 19.47% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $215.00 by expiration. The full premium credit of $1.63 would be kept by the premium seller. The risk of $8.37 would be incurred if the stock dropped below the $205.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Visa is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Visa is bullish.
The RSI indicator is at 57.45 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
5 Brand-Name Stocks With 12-Year Winning Streaks
Wed, 17 Mar 2021 10:36:00 +0000
Since 1980, the benchmark S&P 500 has delivered an average annual total return (i.e., including dividends) of more than 10%. Apple, the largest publicly traded company, finished lower in 2015 and 2018, while highflier Amazon finished in the red in 2011 and 2014. Forgive the apropos cliché, but payment facilitator Visa (NYSE: V) has done nothing but charge ahead since the Great Recession.
Visa and Mastercard Postpone Swipe Fee Rate Hike
Tue, 16 Mar 2021 18:57:00 +0000
Three weeks after The Wall Street Journal reported that credit card giants Mastercard (NYSE: MA) and Visa (NYSE: V) were planning to levy higher “swipe fees” (aka interchange fees) upon merchant transactions using their branded credit cards, the same Wall Street Journal now reports…they aren't. In late February 2021, WSJ relayed the credit card companies' plan to begin taking a higher percentage of “many online transactions” as well as on transactions made at “small supermarkets” and “restaurants” as early as April 2021. “Recognizing U.S. businesses are still facing many challenges posed by the COVID-19 pandemic, Visa has decided to significantly modify its planned April 2021 business release to delay the implementation of a number of interchange rate changes,” said Visa.
Visa Appoints Michelle Gethers-Clark as Chief Diversity Officer and Head of Corporate Responsibility
Tue, 16 Mar 2021 16:00:00 +0000
Visa (NYSE: V) today announced the appointment of Michelle Gethers-Clark as Chief Diversity Officer and Head of Corporate Responsibility. Gethers-Clark will join Visa’s Executive Committee and report to Chairman and Chief Executive Officer, Al Kelly.
Katie Ledecky on the Tokyo Olympics, endorsements and investing
Tue, 16 Mar 2021 13:21:25 +0000
A backyard pool is probably the last place you’d expect to find five-time Olympic gold medalist Katie Ledecky training for the upcoming Summer Games in Tokyo, but that’s what the 23-year-old swimming sensation had to do last year when the pandemic forced all facilities to shut down.
Where Stripe’s new mega-valuation places it among payment companies
Mon, 15 Mar 2021 17:49:12 +0000
Stripe’s valuation has more than doubled from a year ago to $95 billion, putting the fintech into the upper echelons of the world’s most valuable payment companies. Despite the highflying fundraising round, age still comes before beauty in the business of digital transactions. At 11 years old, the quickly diversifying Stripe can hardly be called a startup any longer, but it’s still much younger than Visa, the credit card network, and PayPal, which pioneered payments for online commerce, each of which have market capitalizations in the hundreds of billions.
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