Visa: buyers take back control
Visa stock: +1.9% as buyers retake control near record highs
Our view last week
Visa stock bounces back this week: buyers retake control with 69% of the volume, after a week that closed with sellers holding 80%. The stock is still hugging its all-time highs, and the ADX climbs to 26.5 — the trend gains conviction right through the rebound. Momentum accelerates, though money flow (CMF) is cooling. The trade is up 11% since entry.
This week's summary
Visa stock closes the week up 1.9%, the second straight positive week: buyers are back in control, with 94% of volume on the buy side, up from just 20% two weeks ago. The stock is working near its all-time highs again, and the ADX keeps climbing for an eighth straight week — the trend is gaining conviction. The trade, open for 16 weeks, is up 13.1% since entry, in a technical analysis that keeps following the stock week after week.
IQS Phase
75
in tension
Signal Strength
20
low · fading
Sizing
MINIMUM
Ranking
#160 / 167
US stocks in progress
Trade P&L %
+13.11%
from signal to date, no stop loss
Rank position
ranks 160th among the 167 Longs already running for US stocks in our ranking, with a signal strength of 20 out of 100.
Sector context
SectorFinancials
Benchmark ETFXLF
Sector regimein positive regime
Performanceweekly -1.17% · monthly +2.55%
V belongs to the financials sector (reference ETF XLF). The sector is classified in positive regime according to our weekly reading.
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