Visa – Visa Inc (V) Heads Down For the 2nd Straight Day

The Hourly View for V

Last Updated March 1, 2021, 12:33 GMT

Currently, V’s price is down $-1.83 (-0.85%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Visa Inc Daily price Recap

Visa Inc came into today down 0.64% ($1.36) from the open of yesterday, marking the 2nd straight day it has gone down. The price move occurred on stronger volume; specifically, yesterday’s volume was up 2.87% from the day prior, and up 40.02% from the same day the week before. Below is a daily price chart of Visa Inc.

Visa Inc Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone down 18 out of the past 30 days.

Overheard Around the Web

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