VISA INC-CLASS A SHARES (V) Stock Technical Analysis
NYSE:V - New York Stock Exchange, Inc. - US92826C8394 - Common Stock - Currency: USD
Taking everything into account, V scores 6 out of 10 in our technical rating. V was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, V did better than 74% of all other stocks. On top of that, V also shows a nice and consistent pattern of rising prices.
V is one of the better performing stocks in the Financial Services industry, it outperforms 74% of 100 stocks in the same industry.
V is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so V is lagging the market slightly.
V has an average volume of 6482960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month V has a been trading in the 334.92 - 374.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
V has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 347.05, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
304.32
377.05
We found 4 important support areas.
- A support zone ranging from 345.51 to 347.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @334.00 from a trend line in the weekly time frame.
- Support @325.92 from a trend line in the daily time frame.
- A support zone ranging from 307.39 to 313.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 349.68 to 356.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @362.71 from a horizontal line in the daily time frame.
- A resistance zone ranging from 370.23 to 373.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for V is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for V is neutral. |
| ChartMill Relative Strength | 74.59 | POSITIVE | V has a high relative strength, it outperformed 74.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of V is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of V is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of V is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.65 | NEUTRAL | The RSI value for V is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests V has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.08 | NEUTRAL | The Stochastics value for V is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for V suggests some volalility. |
| Average Directional Index/ADX (14) | 17.1 | NEGATIVE | The low ADX value for V suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 356.56 | 345.50 | 11.06 (3.10%) | 25.00% |
| An entry @356.56. This is a Buy Stop order right above the resistance zone. | An exit @345.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 11.06 points, which is 3.10%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.78%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
347.93
-7.95 (-2.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-2.23%
1 Week-3.05%
2 Weeks0.55%
1 Month-6.8%
3 Month4.36%
6 Month13.07%
12 Month30.93%
2 Year46.36%
3 Year64.03%
5 Year82.74%
10 Year361.81%
15 Year1797.37%
Volatility
ATR(14)6.53
ATR(20)%2.33%
ATR Inc8.94%
Range Today9.42
ADR(20)7.23
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.59
Mansfield0.16
10 Day High359.66
10 Day Low344.39
20 Day High374.17
20 Day Low334.92
52 Week High375.51
52 Week Low252.7
CS1 End347.05
CR1 Start349.68
Volume & EV
DER(3)-2.09%
DER(5)-1.45%
Volume7.58M
Volume Incr-14.75%
Vol(5)6.62M
Vol(50)6.48M