Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $235.00 short call and a strike $240.00 long call offers a potential 38.5% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $235.00 by expiration. The full premium credit of $1.39 would be kept by the premium seller. The risk of $3.61 would be incurred if the stock rose above the $240.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Visa is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Visa is bearish.
The RSI indicator is at 35.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Prosus Strikes Deal to Buy India’s BillDesk for $4.7 Billion
Tue, 31 Aug 2021 07:00:04 +0000
(Bloomberg) — Prosus NV has agreed to acquire Indian online payments service BillDesk for 345 billion rupees ($4.7 billion), making its largest global acquisition to date in the Asian nation.The European investment powerhouse’s PayU unit has struck a deal to buy the 11-year-old startup, creating a digital payments giant with a total volume of $147 billion. It will take Prosus’s investment in India to more than $10 billion to date, the company said in a statement.Prosus, whose biggest investment
Goldman Sachs survey finds 9 stocks hedge & mutual funds are bullish on
Mon, 30 Aug 2021 15:06:29 +0000
Yahoo Finance's Brian Sozzi and Myles Udland discuss Goldman Sachs' latest hedge & mutual funds survey finding the top 9 bullish stocks, including Adobe (ADBE), Fiserv (FISV), General Motors (GM), Liberty Broadband (LBRDK), Mastercard (MA), Square (SQ), Twilio (TWLO), Visa (V) and Wells Fargo (WFC).
9 stocks hedge funds and mutual funds really love right now: Goldman
Mon, 30 Aug 2021 10:29:13 +0000
Some of these stocks loved by money managers are pricey, but remain in favor.
Chase and Visa Help Support New Yorkers with Tap to Ride
Mon, 30 Aug 2021 10:00:00 +0000
NEW YORK, August 30, 2021–Chase (NYSE: JPM) and Visa (NYSE: V) have announced that starting today and through September, when riders tap on MTA subways or buses with a Chase Visa contactless card, they will donate 10 cents per tap, up to $250,000, to local nonprofit New York Cares.1
Visa Inc. to Participate in Upcoming Investor Conference
Thu, 26 Aug 2021 20:05:00 +0000
SAN FRANCISCO, August 26, 2021–Visa Inc. (NYSE: V) today announced its participation in the following investor conference.
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