VISA INC. - 1H - Technical analysis published on 09/13/2021 (GMT)
- 249
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 226.31 USD
My targets
221.96 USD (-1.33%)
218.87 USD (-2.70%)
My analysis
VISA INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 226.31 USD. The next support located at 221.96 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 218.87 USD. Below this support, sellers could then target 213.31 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.3
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VISA INC. price is 224.95 USD. The price registered an increase of +0.02% on the session and was between 224.13 USD and 227.20 USD. This implies that the price is at +0.37% from its lowest and at -0.99% from its highest.224.13
227.20
224.95
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of VISA INC. indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 213.31 | 218.87 | 221.96 | 224.95 | 226.31 | 231.76 | 236.86 |
| Change (%) | -5.17% | -2.70% | -1.33% | - | +0.60% | +3.03% | +5.29% |
| Change | -11.64 | -6.08 | -2.99 | - | +1.36 | +6.81 | +11.91 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 218.07 | 221.49 | 223.20 | 226.62 | 228.33 | 231.75 | 233.46 |
| Camarilla | 223.50 | 223.97 | 224.44 | 224.91 | 225.38 | 225.85 | 226.32 |
| Woodie | 217.22 | 221.06 | 222.35 | 226.19 | 227.48 | 231.32 | 232.61 |
| Fibonacci | 221.49 | 223.45 | 224.66 | 226.62 | 228.58 | 229.79 | 231.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 217.83 | 221.37 | 223.14 | 226.68 | 228.45 | 231.99 | 233.76 |
| Camarilla | 223.45 | 223.94 | 224.42 | 224.91 | 225.40 | 225.88 | 226.37 |
| Woodie | 216.95 | 220.93 | 222.26 | 226.24 | 227.57 | 231.55 | 232.88 |
| Fibonacci | 221.37 | 223.40 | 224.65 | 226.68 | 228.71 | 229.96 | 231.99 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 203.85 | 216.25 | 222.68 | 235.08 | 241.51 | 253.91 | 260.34 |
| Camarilla | 223.92 | 225.65 | 227.37 | 229.10 | 230.83 | 232.55 | 234.28 |
| Woodie | 200.86 | 214.76 | 219.69 | 233.59 | 238.52 | 252.42 | 257.35 |
| Fibonacci | 216.25 | 223.45 | 227.89 | 235.08 | 242.28 | 246.72 | 253.91 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 36.26 | |
| MACD (12,26,9): | -0.6900 | |
| Directional Movement: | -5.71 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 225.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 229.02 | |
| Elder Ray (13): | -1.40 | |
| Super Trend (3,10): | 228.73 | |
| Zig ZAG (10): | 224.65 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 14.93 | |
| TEMA (21): | 225.47 | |
| Williams %R (14): | -85.96 | |
| Chande Momentum Oscillator (20): | -2.49 | |
| Repulse (5,40,3): | -0.6300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 2.75 |
| MA7: | 226.00 | |
| MA20: | 230.04 | |
| MA50: | 236.86 | |
| MA100: | 233.49 | |
| MAexp7: | 225.72 | |
| MAexp20: | 226.61 | |
| MAexp50: | 227.55 | |
| MAexp100: | 229.22 | |
| Price / MA7: | -0.46% | |
| Price / MA20: | -2.21% | |
| Price / MA50: | -5.03% | |
| Price / MA100: | -3.66% | |
| Price / MAexp7: | -0.34% | |
| Price / MAexp20: | -0.73% | |
| Price / MAexp50: | -1.14% | |
| Price / MAexp100: | -1.86% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis VISA INC. - 1H