V Forecast and Technical Stock Analysis
Hold candidate since 2019-09-13 PDF
Visa Inc fell by -0.40% in the last day ( Friday, 13th Sep 2019 ) from $177.98 to $177.27 During the day the stock fluctuated 1.56% from a day low at $176.02 to a day high of $178.77. The price has fallen in 6 of the last 10 days and is down by -2.15% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -1.68 million shares and in total 6.02 million shares bought and sold for approximately $1 066.45 million.
- 30 day high of the V stock price was $187.05 and low was $173.16.
- 90 day high was $187.05 and low was $166.98.
- 52 week high for Visa Inc - $187.05 and low - $121.60.
Visa Inc lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.81% during the next 3 months and, with 90% probability hold a price between $178.47 and $194.54 at the end of this period.
There are few to none technical positive signals at the moment. Visa Inc holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $179.80 and $178.65. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Thursday September 12, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 54 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Visa Inc finds support from accumulated volume at $176.35.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.75 (1.56%) between high and low. For the last week, the stock has had daily average volatility of 2.54%.
Our recommended stop-loss: $169.73 (-4.25%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 1 day(s) ago.)
2.54 %Average volatility
Very Low Low Medium High Very High
Visa Inc holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.
|V $177.27 ($-0.71 -0.40%)|
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