VISA INC-CLASS A SHARES (V) Technical Analysis
NYSE:V • US92826C8394
Taking everything into account, V scores 0 out of 10 in our technical rating. V scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, V is a bad performer in the overall market: 77% of all stocks are doing better.
- V is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month V has a been trading in the 303.08 - 332.24 range, which is quite wide. It is currently trading near the lows of this range.
- V has an average volume of 7977540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- V is an average performer in the Financial Services industry, it outperforms 42% of 98 stocks in the same industry.
Although the technical rating is bad, V does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 308.95, a Stop Loss order could be placed below this zone.
More info and screens
303.44
When analyzing the support we notice one important area.
- A support zone ranging from 306.51 to 308.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 315.03 to 317.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 325.27 to 333.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 347.02 to 362.71. 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 | DOWN | NEGATIVE | The long term trend for V is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for V is down. |
| ChartMill Relative Strength | 23.26 | NEGATIVE | V has a low relative strength, it was outperformed by 76.74% 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) | DOWN | NEGATIVE | The current price of V is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of V is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.87 | NEUTRAL | The RSI value for V is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests V has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.25 | NEUTRAL | The Stochastics value for V is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for V suggests some volalility. |
| Average Directional Index/ADX (14) | 23.99 | NEUTRAL | The ADX value for V suggests a possible start of a new trend. |
V Technicals: Chart, Performance Metrics, Trend & Indicators
308.96
-5.47 (-1.74%)
VISA INC-CLASS A SHARES / V FAQ
What is the ChartMill technical rating of VISA INC-CLASS A SHARES (V) stock?
ChartMill assigns a technical rating of 0 / 10 to V.
Can you provide the trend direction for VISA INC-CLASS A SHARES?
The current trend direction for VISA INC-CLASS A SHARES (V) is Bearish.
Can you provide the RSI signal for VISA INC-CLASS A SHARES?
VISA INC-CLASS A SHARES (V) has an RSI value of 35.8727. This indicates that the stock is currently neutral.
What is the buy/sell signal for VISA INC-CLASS A SHARES (V) stock?
The buy/sell signal for VISA INC-CLASS A SHARES (V) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for VISA INC-CLASS A SHARES (V) stock?
VISA INC-CLASS A SHARES (V) has a support level at 308.95 and a resistance level at 315.03. Check the full technical report for our detailed analysis of V support and resistance levels.