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V Stock Tickeron detected bullish Stock Pattern: Triangle Symmetrical Top V on October 31, 2024, netting in a 5.50% gain over 7 days

A.I.dvisor
at Tickeron.com
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+5.50% Gain from a Successful pattern Triangle Symmetrical Top
V - VISA
Tickeron
Ticker: V
Company: VISA
Gain: +5.5%
Confirmed: 10/31/24
Succeeded: 11/07/24
Total length: 7 days
On October 31, 2024, A.I.dvisor detected a Triangle Symmetrical Top Pattern (Bullish) for VISA (V, $289.85). On October 31, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $309.33. 7 days later, on November 07, 2024, V reached the target price resulting in a for traders who took a long position in the stock.

V's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for V turned positive on October 30, 2024. Looking at past instances where V's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 01, 2024. You may want to consider a long position or call options on V as a result. In of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where V advanced for three days, in of 356 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 324 cases where V Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for V moved out of overbought territory on November 20, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 similar instances where the indicator moved out of overbought territory. In of the 34 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where V declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

V broke above its upper Bollinger Band on November 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. V’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (14.184) is normal, around the industry mean (4.795). P/E Ratio (32.060) is within average values for comparable stocks, (55.756). Projected Growth (PEG Ratio) (1.723) is also within normal values, averaging (3.039). V has a moderately low Dividend Yield (0.007) as compared to the industry average of (0.041). V's P/S Ratio (17.271) is very high in comparison to the industry average of (3.200).

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General Information

a global payments technology

Industry FinanceRentalLeasing

Profile
Fundamentals
Details
Industry
Finance Or Rental Or Leasing
Address
P.O. Box 8999
Phone
+1 650 432-3200
Employees
28800
Web
https://www.usa.visa.com