Fiserv Inc.  (FISV)

Fiserv Inc., a 30-year old financial services and technology company, is our Trade Of The Day. It closed at 72.415 on January 21, 2015. The buy point is $73.88 and the stop is at $67.75, with a risk of 8.3%. If the trade is not triggered today then we will keep  buy point will remain valid till we cancel it.

It is a member of S&P 500 and has outperformed the index over previous 4-weeks, 13-weeks and 52-weeks periods.

Fiserv, Inc., provides financial services technology worldwide. Its offerings include electronic bill payment and presentment, card-based transaction processing and network services, ACH transaction processing, account-to-account transfer products, and person-to-person payments; Internet and mobile banking systems; and related services, including document and payment card production and distribution, check processing and imaging, source capture systems, and lending and risk management products and services. It was founded in 1984 and is headquartered in Brookfield, Wisconsin, USA.

The weekly chart shows a very strong uptrend. The daily chart shows a retracement from the high and is in the process of making an upward-sloping ascending triangle. A break above the high will indicate a resumption of uptrend.
Note: We do not issue ‘Trade of the Day’ everyday but only when we find a compelling idea with good risk to reward ratio.