VISA INC. - Daily - Technical analysis published on 06/28/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 206.99 USD
My targets
197.37 USD (-3.04%)
189.91 USD (-6.71%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 206.99 USD remains possible. It is advisable to trade VISA INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 206.99 USD. The next bearish objective for sellers is set at 197.37 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 189.91 USD. In case of crossing, the next objective would be the support located at 166.53 USD. PS: if there is a bullish break in the resistance located at 206.99 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.8
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This analysis was given by MichaelAI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VISA INC. price is 203.56 USD. On the day, this instrument lost -0.95% and was traded between 202.61 USD and 207.09 USD over the period. The price is currently at +0.47% from its lowest and -1.70% from its highest.202.61
207.09
203.56
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
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 VISA INC. in Daily shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 189.91 | 197.37 | 201.05 | 203.56 | 206.99 | 210.58 | 215.09 |
| Change (%) | -6.71% | -3.04% | -1.23% | - | +1.69% | +3.45% | +5.66% |
| Change | -13.65 | -6.19 | -2.51 | - | +3.43 | +7.02 | +11.53 |
| Level | Major | Intermediate | Major | - | Intermediate | Intermediate | Intermediate |
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 | 197.27 | 199.94 | 201.75 | 204.42 | 206.23 | 208.90 | 210.71 |
| Camarilla | 202.33 | 202.74 | 203.15 | 203.56 | 203.97 | 204.38 | 204.79 |
| Woodie | 196.84 | 199.73 | 201.32 | 204.21 | 205.80 | 208.69 | 210.28 |
| Fibonacci | 199.94 | 201.65 | 202.71 | 204.42 | 206.13 | 207.19 | 208.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 197.27 | 199.94 | 201.75 | 204.42 | 206.23 | 208.90 | 210.71 |
| Camarilla | 202.33 | 202.74 | 203.15 | 203.56 | 203.97 | 204.38 | 204.79 |
| Woodie | 196.84 | 199.73 | 201.32 | 204.21 | 205.80 | 208.69 | 210.28 |
| Fibonacci | 199.94 | 201.65 | 202.71 | 204.42 | 206.13 | 207.19 | 208.90 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 172.18 | 181.06 | 196.62 | 205.50 | 221.06 | 229.94 | 245.50 |
| Camarilla | 205.45 | 207.69 | 209.93 | 212.17 | 214.41 | 216.65 | 218.89 |
| Woodie | 175.51 | 182.73 | 199.95 | 207.17 | 224.39 | 231.61 | 248.83 |
| Fibonacci | 181.06 | 190.40 | 196.17 | 205.50 | 214.84 | 220.61 | 229.94 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.84 | |
| MACD (12,26,9): | -2.1900 | |
| Directional Movement: | 3.50 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 197.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 186.30 | |
| Elder Ray (13): | 5.27 | |
| Super Trend (3,10): | 206.86 | |
| Zig ZAG (10): | 203.56 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 51.76 | |
| TEMA (21): | 197.26 | |
| Williams %R (14): | -40.49 | |
| Chande Momentum Oscillator (20): | -9.94 | |
| Repulse (5,40,3): | 2.4300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1700 | |
| Courbe Coppock: | 13.44 |
| MA7: | 196.14 | |
| MA20: | 203.21 | |
| MA50: | 204.79 | |
| MA100: | 210.72 | |
| MAexp7: | 199.29 | |
| MAexp20: | 200.72 | |
| MAexp50: | 204.51 | |
| MAexp100: | 208.48 | |
| Price / MA7: | +3.78% | |
| Price / MA20: | +0.17% | |
| Price / MA50: | -0.60% | |
| Price / MA100: | -3.40% | |
| Price / MAexp7: | +2.14% | |
| Price / MAexp20: | +1.41% | |
| Price / MAexp50: | -0.46% | |
| Price / MAexp100: | -2.36% |
Quotes :
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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