Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $135.00 short put and a strike $125.00 long put offers a potential 13.51% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $135.00 by expiration. The full premium credit of $1.19 would be kept by the premium seller. The risk of $8.81 would be incurred if the stock dropped below the $125.00 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 78.35 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Fintech is ‘resilient’ in a way tech isn’t, says Morgan Stanley
Sun, 22 Jul 2018 14:56:00 +0000
Morgan Stanley has cooled on the tech sector, but analysts there still see big potential for payments companies.
Why Visa's Surging Shares May Have Further to Rise
Fri, 20 Jul 2018 18:00:00 +0000
Visa Inc.'s ( V) stock has been hot over the past year rising by over 43%, easily outpacing the S&P 500 gain of 13.5%. Options traders are betting shares of the payment processor will continue to increase, perhaps by as much as another 7%, by the middle of August. Analysts are looking for the company to report earnings growth of over 26% for the quarter, on revenue growth of over 11%.
Key Factors that Could Impact Visa in 2018
Fri, 20 Jul 2018 13:02:58 +0000
In the first quarter, Visa Inc.’s (V) strong results were supported by the positive global economic environment. Visa saw an 11.0% YoY (year-over-year) rise in debit spending on a constant dollar basis. Supportive parameters could help these payment companies witness a boost in their payment volumes.
Will Revenue Growth Aid Visa's (V) Earnings This Season?
Fri, 20 Jul 2018 11:52:11 +0000
Visa's (V) Q3 results should gain from higher revenues and growth of card usage partly offset by higher costs.
Factors that Drive the Performance of Payment Processing Companies
Fri, 20 Jul 2018 11:34:38 +0000
Visa Inc. (V) ended the fiscal second quarter with net operating revenues of $5.1 billion, which implies a 13.0% YoY (year-over-year) increase. On a constant dollar basis, the company reported a YoY rise of 11.0% in its total payment volume in the fiscal second quarter. During the same period, the company’s YoY credit growth was 10.0% on a constant dollar basis.
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