Million

Resistance

Billion

<ul class="list-ic vertical">
 <li><span>1</span> <a>V stock price trades below the major 20 and 50-day daily moving averages.</a></li>
 <li><span>2</span> <a>Visa Inc. (NYSE: V) stock 52-week price range is between $174 – $250.</a></li>
</ul>
<p>The Visa Inc. stock has a share float of 1.602 Billion shares and a market cap of $478.391 Billion. The V stock has a CMP of $235.04 and an intraday gain of 0.67%. The V stock’s average volume for the last 10 days is 6.119 Million and its current volume is 6.401 Million.&nbsp;</p>
<p>However, the V stock analysts’ ratings for stock are strongly positive and highly recommended based on 36 analysts who have evaluated stock in the last three months. The 1-year price forecast for the stock by 33 analysts ranges between $220.00 to $336.00.</p>
<h2 class="wp-block-heading" id="strong-v-stock-price-technical-analysis-in-1-d-timeframe-strong"><strong>V Stock Price Technical Analysis in 1-D Timeframe</strong></h2>
<p>The V stock average volume for the last 10 days is 244.734K and its current volume is 257.408K. The V stock has a float of 122.044 Million shares and a market cap of $75.314 Billion. The Visa Inc. stock has a CMP of $305.40 and an intraday gain of 1.82%.</p>
<p>The V stock price rose from the $174 support level in October 2022 and reached a high of $250 in September 2023, making higher highs and lows. However, it faced resistance and fell sharply with the investors taking profits. The stock showed recovery signs as V price took support at $228 around the first week of October 2023.</p>
<p>Therefore, if Visa stock manages to gain strong buying momentum and surges above the swing high, it can trigger a major threat for investors by kicking a bigger rally. The probable resistance levels are $242 and $248.</p>
<p>Alternatively, if the stock faces resistance again and continues to fall below the current swing and breaks below $228, then it could fall up to $221.</p>
<h2 class="wp-block-heading" id="strong-v-stock-price-financial-details-strong"><strong>V Stock Price Financial Details</strong></h2>
<p>V stock’s latest quarterly balance sheet for the period ending June 2023 reported total assets of $89.23 Billion and total liabilities of $50.25 Billion. The debt-to-assets ratio is at 56.32%, which is nearly moderate and might not pose much of a concern for V stock’s financial health.</p>
<p>Visa Inc.’s latest quarterly earnings report for the period ending June 2023 displayed a revenue of $8.12 Billion, with a net income of $4.09 Billion, and a loss in profit margin from the last quarter of 50.35%. This quarter, the V stock reported revenue exceeded analysts’ estimates by $59.071 Million (0.73%).</p>
<p>The V stock reported an EPS of $2.16 for the period ending June 2023, beating the analysts’ estimate of $2.115 by 2.15%. In the next quarter, Visa stock’s revenue is estimated to be $8.563 Billion and the estimated EPS is $2.247. The report will be released on October 25, 2023.</p>
<p>The Visa stock’s dividend yield for the TTM is 0.77% and its last dividend payment was $0.45 per share. The last V stock’s ex-dividend date was August 10, 2023, and its payout ratio is 22.28%.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh6.googleusercontent.com/txcU0tOt5ErdyfC-DIyBukGMlhjMQmKsxbIQJHZ6ZgF1kWZ0ySX9wd-25J-MSyK-0QsdXIWNeQBut_kxNjE5qtw14dAaz8gmzASL9FJDZR8SycQTY-IXhrRrAULyHVfMrRAJCSwH3GMMdSV1UM1VQGE" alt="Visa Inc Stock: Will (NYSE: V) Stock Break Yealy High of $250?">
  <figcaption class="wp-element-caption">
   Source: V.1D.NYSE by TradingView
  </figcaption>
 </figure>
</div>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh3.googleusercontent.com/QJRzj-kzwSA8fJZjjNLkLBrCKnzJgLXcVye8HRD44t1mb7i_sR3B9GR5u1PYlg1zqwzlLP1ZZsfejYTyEs6S55wqumE4ikenf_jAsbpPh1gmqUMTenHgKqWoMxRPNZ-nIFs5NEJrcaAxVWpBBXBxlvY" alt="Visa Inc Stock: Will (NYSE: V) Stock Break Yealy High of $250?">
  <figcaption class="wp-element-caption">
   Source: V.1D.NYSE by TradingView
  </figcaption>
 </figure>
</div>
<p>At the time of publishing, the price of <a href="https://www.thecoinrepublic.com/2023/08/30/visa-stock-fundamentals-is-the-stock-expected-to-rise/" rel="noopener noreferrer nofollow">Visa Inc. (NYSE: V)</a> has found support and is moving towards 20EMA despite the bearish trend of the major EMAs. The MACD indicates a bearish cross but the gap is narrowing and a bullish cross may occur soon. The RSI is at 41 and has bounced off the 14 SMA. The indicators for Visa stock suggest some positive signs on the charts for the upcoming sessions.</p>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p>Visa Inc. (NYSE: V) chart indicates that the traders and investors of the stock price are bullish and positive on the 1-D time frame. The technical analysis tools of Visa stock price highlight upward signals and support bullishness. The price action shows a bullish outlook at the time of publishing.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels</strong>: $228 and $221</p>
<p><strong>Resistance Levels</strong>: $242 and $248</p>
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4>
<p>In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

Visa Inc Stock: Will (NYSE: V) Stock Break Yealy High of $250?

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Thecoinrepublic.com

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