Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $217.50 short put and a strike $212.50 long put offers a potential 21.65% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $217.50 by expiration. The full premium credit of $0.89 would be kept by the premium seller. The risk of $4.11 would be incurred if the stock dropped below the $212.50 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 70.92 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Visa (V) Gains As Market Dips: What You Should Know
Tue, 04 Jan 2022 22:45:10 +0000
In the latest trading session, Visa (V) closed at $222.46, marking a +0.47% move from the previous day.
Why Visa Stock Gained 12% in December
Tue, 04 Jan 2022 15:10:00 +0000
Shares of payments-giant Visa (NYSE: V) jumped 12% in December, according to data provided by S&P Global Market Intelligence. Visa is the largest credit card-processing company in the world, with $24 billion in revenue for fiscal 2021 (period ended Sept. 30). When the economy is good, Visa's good.
Zacks Industry Outlook Highlights: Visa Inc., American Express Company, Fiserv Inc. and Global Payments Inc.
Tue, 04 Jan 2022 12:15:12 +0000
Visa Inc., American Express Company, Fiserv Inc. and Global Payments Inc. are highlighted in this industry outlook.
Rempart Asset Management Inc. Buys Visa Inc, Apple Inc, Stantec Inc
Tue, 04 Jan 2022 02:38:04 +0000
Investment company Rempart Asset Management Inc. (Current Portfolio) buys Visa Inc, Apple Inc, Stantec Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Rempart Asset Management Inc..
Visa (V) Up 6.9% in Past Month: More Growth On the Horizon?
Mon, 03 Jan 2022 15:32:03 +0000
Visa (V) is poised for long-term growth on the back of business expansion initiatives, inorganic growth strategies and a strong balance sheet.
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