Score 8.7 (out of 10): VISA INC-CLASS A SHARES poised to seasonally rally by +7.7% during the next 90 days.

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What’s Going On Here?

VISA is slowly integrating into the crypto space. On Wednesday, the firm announced a ‘crypto advisory practice’ – as, based on a 6,000 participants consumer survey, nearly 80% expressed an interest in crypto. Potentially more important for the share price, VISA is also optimistic that the issues with Amazon in the UK will be resolved.

Why Now?

VISA INC-CLASS A SHARES indicates an interesting 90 days seasonal set up. During similar occasions, VISA INC-CLASS A SHARES shares had a median return of +7.7% – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for VISA INC-CLASS A SHARES received a high score of 8.7 (out of 10). This insight was generated with last price of 208.99.

What’s This Company About?

VISA INC-CLASS A SHARES is in the Finance-Credit Card business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. ‘Wall Street’ analysts think the stock price will be worth 31.4% more (average). Ticker symbol: V US.

What’s My Risk / Reward and Time Horizon?

We found 90 days to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 225.14 (+7.7%) has been reached. Based on VISA INC-CLASS A SHARES’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 194.29 (last price at 208.99), which is equivalent to a -7% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

4.2% (December-2021), 7.4% (December-2020), 5.6% (December-2019), 8.9% (December-2018), 11.9% (December-2017), -5.7% (December-2016), 4.6% (December-2015), 10.4% (December-2014), 8% (December-2013), 18.6% (December-2012)

Historical Chart:

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Summary:

Name VISA INC-CLASS A SHARES
ViewUp
Star (1 to 10)8.7
Target+7.7%
Time90 days
Hit Rate90%

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