Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $137.00 short call and a strike $142.00 long call offers a potential 64.47% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $137.00 by expiration. The full premium credit of $1.96 would be kept by the premium seller. The risk of $3.04 would be incurred if the stock rose above the $142.00 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 37.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Edited Transcript of V earnings conference call or presentation 30-Jan-19 10:00pm GMT
Fri, 01 Feb 2019 08:15:33 +0000
Q1 2019 Visa Inc Earnings Call
InstaReM joins Visa Fintech Fast-Track Program
Fri, 01 Feb 2019 01:00:00 +0000
SINGAPORE, Feb. 1, 2019 /PRNewswire/ — Visa (NYSE:V) today announced InstaReM is joining Visa's fintech fast-track program in the Asia Pacific region. This program makes it quicker and easier for fintech partners to build and deliver new commerce experiences on Visa's payments network. InstaReM is a leading digital cross-border payments company that enables consumers, businesses and banks to make international money transfers at a low cost.
Visa and Mastercard still want to enter China, but China isn’t cooperating
Thu, 31 Jan 2019 21:51:28 +0000
Visa and Mastercard, the world's two leading credit card brands, both posted solid fourth quarters and outperformed analysts' estimates. Mastercard had particularly stellar growth, reporting net income of $899 million, almost quadruple the $227 million reported in the same period a year earlier, an increase powered by a dramatic reduction in its US tax rate.…
Mastercard Tops Q4 Profit Estimates as Revenue Jumps 15%
Thu, 31 Jan 2019 21:24:00 +0000
jumped 3.5% in trading Thursday after the credit card company reported a 15% increase in fourth-quarter revenue, matching analysts' expectations in the period. Mastercard reported revenue of $3.8 billion and earnings of $1.55 a share. Analysts were expecting revenue of $3.8 billion on earnings of $1.53.
Dow Has Best Month in 3 Years, S&P Has Best January Performance Since 1987
Thu, 31 Jan 2019 21:19:00 +0000
The Dow Jones Industrial Average closed Thursday's session in the red thanks to declines in Visa Inc. posted weaker-than-expected fourth-quarter earnings but saw sales rise solidly, lifting the stock 11.43% on Thursday. Microsoft declined 1.83% after the software giant's fiscal second-quarter revenue missed analysts' estimates despite strong gains from its cloud computing segment.
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