• Return to Headlines

Visa Rising Today on Above-Average Volume (V)

By James Quinn

Shares of Visa are trading today in above average volume, with the share price rising 0.8% to $91.91. Approximately 8.8 million shares have changed hands today vs. average 30-day volume of 8.2 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Visa on January 5th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $80.88. Since that recommendation, shares of Visa have risen 12.7%. We continue to monitor V for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Visa share prices have been bracketed by a low of $60.00 and a high of $92.80 and are now at $91.80, 53% above that low price. The 200-day and 50-day moving averages have moved 0.16% higher and 0.57% higher over the past week, respectively.

Keywords: unusual volume Visa

Ticker(s): V