Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $212.50 short call and a strike $217.50 long call offers a potential 49.25% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $212.50 by expiration. The full premium credit of $1.65 would be kept by the premium seller. The risk of $3.35 would be incurred if the stock rose above the $217.50 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 66.5 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
3 Dividend-Paying Tech Stocks to Buy in December
Tue, 21 Dec 2021 11:05:00 +0000
A small group of companies dominates the wireless phone industry in the United States, and Verizon Communications (NYSE: VZ) is one of them. The company operates a nationwide network, with nearly 30% of America's cellular subscribers under its wing. Telecommunications is a unique business; it requires massive investments to build and maintain the towers and other infrastructure that make a wireless network run.
Visa Expands Global Investment in Women’s Football as First Ever FIFA Women’s Football Partner
Tue, 21 Dec 2021 11:00:00 +0000
SAN FRANCISCO, December 21, 2021–Visa (NYSE:V) today announced it has further expanded its support of women’s football by becoming the first Women’s Football Partner for the FIFA Women’s World Cup 2023™. This investment builds on long-term commitments Visa has made across Europe and around the world, to help elevate women’s football and usher in greater equality within the sport.
Visa unveils “Meet Visa” brand campaign in Hong Kong
Tue, 21 Dec 2021 02:30:00 +0000
Inviting the world to ‘Meet Visa,' the global payments technology company today unveiled the initial phase of its brand evolution in Hong Kong spotlighting the diverse capabilities of its network and commitment to enabling global economic inclusion. The brand evolution that started in the US in July has been steadily rolled out across Asia Pacific. Aligned closely with the company's business strategy, this phase includes the debut of a dynamic global marketing campaign and a preview of a moderni
Visa Completes Acquisition of Currencycloud
Mon, 20 Dec 2021 21:10:00 +0000
LONDON & SAN FRANCISCO, December 20, 2021–Visa (NYSE: V) today announced it has completed the acquisition of Currencycloud, a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments.
Mastercard (MA) Partners to Boost Digital Growth in Pakistan
Mon, 20 Dec 2021 16:44:04 +0000
Mastercard (MA) ties up with RUDA for offering the facility of seamless digital payments in Pakistan. The move reflects MA's sincere efforts to infuse digitization throughout the country.
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