VISA INC. - 1H - Technical analysis published on 05/05/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
22%
56%
22%
My opinion
Bearish under 232.29 USD
My targets
226.15 USD (-1.94%)
222.75 USD (-3.42%)
My analysis
The current short-term bearish acceleration registered on VISA INC. should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 232.29 USD. Short-term sellers will use the support located at 226.15 USD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 222.75 USD. Crossing this support would then open the door for sellers to target 213.31 USD. Caution, if there is a return to below 232.29 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.5
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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 230.63 USD. The price registered a decrease of -0.60% on the session and was between 230.25 USD and 233.85 USD. This implies that the price is at +0.17% from its lowest and at -1.38% from its highest.230.25
233.85
230.63
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
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:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of VISA INC. in 1H shows a neutral overall trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 213.31 | 222.75 | 226.15 | 230.63 | 232.29 | 235.77 |
| Change (%) | -7.51% | -3.42% | -1.94% | - | +0.72% | +2.23% |
| Change | -17.32 | -7.88 | -4.48 | - | +1.66 | +5.14 |
| Level | Major | Intermediate | Intermediate | - | Minor | 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 | 228.55 | 229.39 | 230.71 | 231.55 | 232.87 | 233.71 | 235.03 |
| Camarilla | 231.44 | 231.63 | 231.83 | 232.03 | 232.23 | 232.43 | 232.62 |
| Woodie | 228.79 | 229.51 | 230.95 | 231.67 | 233.11 | 233.83 | 235.27 |
| Fibonacci | 229.39 | 230.22 | 230.73 | 231.55 | 232.38 | 232.89 | 233.71 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 220.69 | 224.84 | 229.20 | 233.35 | 237.71 | 241.86 | 246.22 |
| Camarilla | 231.22 | 232.00 | 232.78 | 233.56 | 234.34 | 235.12 | 235.90 |
| Woodie | 220.80 | 224.89 | 229.31 | 233.40 | 237.82 | 241.91 | 246.33 |
| Fibonacci | 224.84 | 228.09 | 230.10 | 233.35 | 236.60 | 238.61 | 241.86 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 192.87 | 202.59 | 218.07 | 227.79 | 243.27 | 252.99 | 268.47 |
| Camarilla | 226.63 | 228.94 | 231.25 | 233.56 | 235.87 | 238.18 | 240.49 |
| Woodie | 195.76 | 204.03 | 220.96 | 229.23 | 246.16 | 254.43 | 271.36 |
| Fibonacci | 202.59 | 212.21 | 218.16 | 227.79 | 237.41 | 243.36 | 252.99 |
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): | 42.67 | |
| MACD (12,26,9): | -0.5500 | |
| Directional Movement: | -0.18 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 231.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 233.70 | |
| Elder Ray (13): | -0.78 | |
| Super Trend (3,10): | 234.74 | |
| Zig ZAG (10): | 230.66 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 19.94 | |
| TEMA (21): | 230.62 | |
| Williams %R (14): | -75.78 | |
| Chande Momentum Oscillator (20): | -1.43 | |
| Repulse (5,40,3): | -0.2700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.74 |
| MA7: | 232.75 | |
| MA20: | 227.70 | |
| MA50: | 220.88 | |
| MA100: | 214.08 | |
| MAexp7: | 231.21 | |
| MAexp20: | 231.92 | |
| MAexp50: | 231.74 | |
| MAexp100: | 229.60 | |
| Price / MA7: | -0.91% | |
| Price / MA20: | +1.29% | |
| Price / MA50: | +4.41% | |
| Price / MA100: | +7.73% | |
| Price / MAexp7: | -0.25% | |
| Price / MAexp20: | -0.56% | |
| Price / MAexp50: | -0.48% | |
| Price / MAexp100: | +0.45% |
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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