Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $200.00 short call and a strike $205.00 long call offers a potential 35.14% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $200.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $3.70 would be incurred if the stock rose above the $205.00 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 39.41 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Visa Strikes a Deal With a Fintech for Digital Wallet Rollout in Europe
Tue, 08 Sep 2020 01:31:00 +0000
Visa (NYSE: V) continues to push more deeply into the jungle that is fintech. The world's dominant payment card processor has signed a deal with a Scandinavian company in the digital wallet sphere. Through the arrangement, Visa said in a press release last week, “Visa's clients and partners will now be able to take advantage of the Vipps platform to create their own digital wallets and offer customers new ways to pay, be paid and manage their money.”
3 Great Stocks to Buy When the Stock Market Crashes
Mon, 07 Sep 2020 10:06:00 +0000
A plunging stock market is the perfect opportunity to put your money to work in these high-quality companies.
PRESS DIGEST-British Business – Sept. 7
Mon, 07 Sep 2020 00:19:47 +0000
The following are the top stories on the business pages of British newspapers. – The Confederation of British Industry (CBI) is calling on ministers to create a state-backed infrastructure bank to channel private sector cash into transport, broadband, housing and green energy projects. – Visa Inc is being investigated by the European Commission over its rules on electronic money providers, after allegations that the giant payments group has behaved in an anti-competitive way.
Salesforce.com Inc., Microsoft share losses lead Dow's 225-point drop
Fri, 04 Sep 2020 18:27:00 +0000
DOW UPDATE The Dow Jones Industrial Average is falling Friday afternoon with shares of Salesforce.com Inc. and Microsoft delivering the stiffest headwinds for the index. The Dow (DJIA) was most recently trading 228 points lower (-0.
Visa, Vipps Tie Up to Move Money Easily Via Mobile in Europe
Fri, 04 Sep 2020 17:20:05 +0000
Visa (V) collaborates with Vipps to facilitate hassle-free mobile payment services in Europe.
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