Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $227.50 short put and a strike $222.50 long put offers a potential 26.26% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $227.50 by expiration. The full premium credit of $1.04 would be kept by the premium seller. The risk of $3.96 would be incurred if the stock dropped below the $222.50 long put 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 up which suggests that the medium-term momentum for Visa is bullish.
The RSI indicator is at 58.08 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Visa Helping Fuel ‘Buy Now, Pay Later’ Growth Around the World
Wed, 27 Oct 2021 11:00:00 +0000
SAN FRANCISCO, October 27, 2021–As consumer demand for ‘Buy Now, Pay Later' (BNPL) solutions continues to grow, Visa (NYSE: V) today announced a growing list of issuers, acquirers and fintechs that are leveraging Visa’s technology — both its network-based Visa Installments Solution and its longstanding fintech solutions — to bring ‘Buy Now, Pay Later’ options to their customers.
Visa (V) Q4 Earnings and Revenues Top Estimates
Tue, 26 Oct 2021 21:35:09 +0000
Visa (V) delivered earnings and revenue surprises of 5.88% and 1.19%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Visa tops earnings expectations, boosts dividend
Tue, 26 Oct 2021 20:39:00 +0000
Shares of Visa Inc. gained slightly in the aftermarket after the payments giant topped earnings and revenue estimates while boosting its quarterly dividend.
UPDATE 3-Visa beats profit estimates on travel, online spending boom
Tue, 26 Oct 2021 20:22:27 +0000
Visa Inc's quarterly profit topped Wall Street expectations on Tuesday, as a recovery in travel and an improving global economic picture drove volume growth at the world's largest payment processor. But cross-border travel was still well below pre-pandemic levels, Visa said, with regions such as the Asia Pacific remaining closed. “The timing of reopening in key countries across Asia, both domestically and for cross-border travel is a key variable.”
Visa beats profit estimates on travel, online spending boom
Tue, 26 Oct 2021 20:18:50 +0000
Visa Inc's quarterly profit topped Wall Street expectations on Tuesday, as a recovery in travel and an improving global economic picture drove volume growth at the world's largest payment processor. But cross-border travel was still well below pre-pandemic levels, Visa said, with regions such as the Asia Pacific remaining closed. “The timing of reopening in key countries across Asia, both domestically and for cross-border travel is a key variable.”
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