Visa stock: buy or sell

V stock price: $246.94 -1.59% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021

2

Visa stock brief

  • Visa went down a -1.59% after reaching new all-time highs on Tuesday
  • On Tuesday, Visa released its Q3 earnings report
  • Visa Inc. operates as a payments technology company worldwide.

Should I buy Visa stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $V stock a buy?

In the current situation of Visa there is just one buy setup eligible:

Uptrend buy setup

Visa stock is in an uptrend since last January that so far has marked an amazing 28.00% gain. Price marked a local bottom in this uptrend at $219.99 last May, and since then it bounced off a 12.25%. Price just broke out above the entry point at $237.16, but it can be traded. If price goes beyond $249.02, don't chase the price and wait for another pullback. If you decide to enter this trade, the suggested stop loss is at $213.44

Buy setupBuy pointStop lossRisk
Uptrend buy setup$237.16$213.4410.00%

Should I sell Visa stock?

When you own a stock with some profit, it's really hard to decide the correct moment to sell and get your benefits. Much like when we have to buy shares, determining when is appropiate to sell is not a random decision, and we must adhere our own trading style. When selling, as well as buying, detailed strategies are very simple to use but are only applicable for selling stocks you already own, not for selling short $V stock

As a golden rule, you must never hold an open trade that yields higher than expected losses at the time of the buy. When to sell shares must always be ruled by the stop-loss (automatic or manual)

Is it time to sell Visa stock?

Currently, Visa stock doesn't match any of our preferred sell setups, so if you hold Visa stock and your operation is in profit probably is not time to sell now

Visa ratings

In the previous month we couldn't find any rating for Visa

Visa stock analysis

Visa shares started an uptrend last January, and gained an amazing 28.46%. During this uptrend, the price provided some entry points on the breakouts. Latest low was last May, when price bounced at $219.99. Visa broke out above $237.16 (its last top) on July 9. That breakout was a good buy point

$V at new All-time Highs

Visa did it again, and marked new all-time highs (ATH) on Tuesday at $252.67. Previous highs were on July 16

SMAs overview

V stock SMAs chart

Supports and resistances

Price is at highs and there are not upper resistances.

The current supports are:

  • S1: $237.16 (-3.96% below)
  • S2: $227.90 (-7.71% below)
  • S3: $219.99 (-10.91% below)
  • Bollinger bands

    Since the price surpassed the upper band last Monday, the price corrected downwards by 1.37%. The price is moving near to the upper Bollinger band, indicating some level of overbought in recent sessions. This is not a sell signal, as price can move in these levels for many days and weeks

    V stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 on July 19 after just crossing to the overbough zone for a single day (weak signal). The RSI reading on Wednesday was 58.95. Visa shares slightly moved a 0.48% since that level was lost

    V stock RSI chart

    Visa stock price history

    Visa went public priced at an adjusted price1 of $13.57 on Mar 2008. Since then, V stock has risen by 1,719.75%, with an average of 132.29% per year. An investment of thousand dollars on Mar 2008 would be valued $18,197.49 today.

    1: Adjusted price after possible price splits or reverse-splits

    V stock price history chart

    Price target for Visa stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations issue their analysis forecasting how a particular stock will performance in the future.

    The following table shows the price forecasts published by financial institutions in the last 30 days. If you are a small trader you shouldn't trade based on these projections.

    In the last 30 days we couldn't find any price target published for Visa stock.

    Earnings and financials

    Visa ($V) hosted the quarterly investors call and posted the report on Tuesday. Visa topped consensus earnings estimates and posted of $1.49, that is a 11.19% improvement versus the previous forecasts of $1.34. On the other hand, reported sales were $6.1 billion versus estimates of $5.9 billion.

    This compares to Earnings of $1.07 per share a year ago, so reported EPS is an increase of 39.25%. Looking at sales, figures barely moved compared to $58.5B same quarter 12 months ago.

    Visa ($V) presents financial report next October.

    Visa performance

    V performance compared
    Company1m3m6m
    Visa ($V) 5.30% 5.10% 23.80%

    Disclaimer:
    The thoughts published in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this text does not know the specific situations of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are posted for education purposes only

    Visa summary

    Wednesday, July 28th, 2021
    Open$250.05
    Close$246.94
    Day range$245.91 - $251.5
    Previous close$250.93
    Session gain-1.59%
    Average true range$5.62
    50d mov avg$235.43
    100d mov avg$228.85
    200d mov avg$217.15
    Earnings dateOctober 26th, 2021

    Frequently asked questions

    What is Visa stock symbol?

    Visa Inc. is a public company trading in the US stock market with the V symbol

    Is Visa stock a buy or sell?

    Visa had no ratings in the last four weeks Read the article to get additional tips on trading V stock.

    Will V go up?

    There were no forecasts issued by market analysts in the last month for Visa.