Monday, April 9, 2012

Visa (V) Barchart Chart of the Day

Barchart.coms Chart of the Day - Visa (V)
Related Stocks
V - Visa Inc.
Sym Last Chg Pct
V 119.18 -1.83 -1.51%
The "Chart of the Day" is Visa (V), which showed up on Thursday's Barchart "All Time High" list. Visa on Thursday posted a new all-time high of $121.15 and closed up 1.71%. TrendSpotter has been Long since Feb 2 at $106.06. Visa was last featured on Chart of the Day with the Feb 2 close at $106.06. In recent news on the stock, Bank of America/Merrill Lynch on March 12 reiterated its buy rating and raised its target to $130 from $115 due to strong earnings growth and the improved economic environment. Visa, with a market cap of $96 billion, operates the world's largest retail electronic payments network.


How we found the Chart of the Day:

We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the web site when you read this report.
  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 67% Buy
  • Overall Average 96% Buy

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