VISA INC. - 1H - Technical analysis published on 04/28/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 169.35 USD
My targets
175.43 USD (+2.49%)
178.80 USD (+4.46%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on VISA INC.. This is a positive signal for buyers. As long as the price remains above 169.35 USD, a purchase could be considered. The first bullish objective is located at 175.43 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 178.80 USD as an objective. Crossing it would then enable buyers to target 185.74 USD. In the event of a return below 169.35 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
6.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
VISA INC. rating 171.16 USD. On the day, this instrument gained -0.35% with the lowest point at 170.38 USD and the highest point at 175.01 USD. The deviation from the price is +0.46% for the low point and -2.20% for the high point.170.38
175.01
171.16
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by VISA INC.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this VISA INC. chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 150.79 | 160.53 | 169.35 | 171.16 | 175.43 | 178.80 | 185.74 |
| Change (%) | -11.90% | -6.21% | -1.06% | - | +2.49% | +4.46% | +8.52% |
| Change | -20.37 | -10.63 | -1.81 | - | +4.27 | +7.64 | +14.58 |
| Level | Major | Major | Major | - | Minor | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 165.62 | 167.09 | 169.42 | 170.89 | 173.22 | 174.69 | 177.02 |
| Camarilla | 170.72 | 171.06 | 171.41 | 171.76 | 172.11 | 172.46 | 172.81 |
| Woodie | 166.06 | 167.31 | 169.86 | 171.11 | 173.66 | 174.91 | 177.46 |
| Fibonacci | 167.09 | 168.54 | 169.44 | 170.89 | 172.34 | 173.24 | 174.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 149.58 | 154.37 | 160.84 | 165.63 | 172.10 | 176.89 | 183.36 |
| Camarilla | 164.22 | 165.26 | 166.29 | 167.32 | 168.35 | 169.38 | 170.42 |
| Woodie | 150.43 | 154.79 | 161.69 | 166.05 | 172.95 | 177.31 | 184.21 |
| Fibonacci | 154.37 | 158.67 | 161.33 | 165.63 | 169.93 | 172.59 | 176.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 71.31 | 102.62 | 131.87 | 163.18 | 192.43 | 223.74 | 252.99 |
| Camarilla | 144.47 | 150.02 | 155.57 | 161.12 | 166.67 | 172.22 | 177.77 |
| Woodie | 70.28 | 102.11 | 130.84 | 162.67 | 191.40 | 223.23 | 251.96 |
| Fibonacci | 102.62 | 125.75 | 140.05 | 163.18 | 186.31 | 200.61 | 223.74 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 59.63 | |
| MACD (12,26,9): | 1.5400 | |
| Directional Movement: | 13.12 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 171.18 | |
| Parabolic SAR (0,02-0,02-0,2): | 167.79 | |
| Elder Ray (13): | 1.21 | |
| Super Trend (3,10): | 169.11 | |
| Zig ZAG (10): | 171.58 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 63.61 | |
| TEMA (21): | 172.15 | |
| Williams %R (14): | -37.72 | |
| Chande Momentum Oscillator (20): | 4.40 | |
| Repulse (5,40,3): | -1.1600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 6.16 |
| MA7: | 166.82 | |
| MA20: | 165.99 | |
| MA50: | 172.25 | |
| MA100: | 183.44 | |
| MAexp7: | 170.93 | |
| MAexp20: | 169.28 | |
| MAexp50: | 167.62 | |
| MAexp100: | 166.64 | |
| Price / MA7: | +2.60% | |
| Price / MA20: | +3.11% | |
| Price / MA50: | -0.63% | |
| Price / MA100: | -6.69% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | +1.11% | |
| Price / MAexp50: | +2.11% | |
| Price / MAexp100: | +2.71% |
This member declared not having a position on this financial instrument or a related financial instrument.
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