Visa – Visa Inc (V) Up 0.17%, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
The Hourly View for V
Last Updated January 1, 2021, 12:41 GMT
Currently, V’s price is up $0.85 (0.39%) from the hour prior. The hourly chart shows that V has seen 2 straight up hours. As for the trend on the hourly timeframe, we see the clearest trend on the 20 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 is up 0.17% ($0.37) since the day prior, marking the 5th day in a row an increase has occurred. This move happened on lower volume, as yesterday’s volume was down 34.5% from the day before — and down 23.23% from the same day the week before. The daily price chart of Visa Inc below illustrates.
Visa Inc Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For another vantage point, consider that Visa Inc’s price has gone up 7 of the previous 10 trading days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.
Overheard Around the Web
Here’s what one trader on StockTwits recently had to say in regards to V: