Company Description: Metavante Technologies, Inc. delivers banking and payments technologies to financial services firms and businesses worldwide. The company’s Financial Solutions Group segment includes banking solutions that offer integrated products and services for financial service providers; commercial treasury solutions that provide technology and related outsourcing services for commercial customers of financial institutions; ebanking solutions, which deliver retail and business electronic commerce services; and risk and compliance solutions that enable risk management and regulatory compliance. It also offers sales and service solutions enabling an organization to develop a customer relationship management; and wealth management solutions for financial services providers. The Payment Solutions Group segment includes acquiring solutions that deliver card-based transaction acquiring solutions supporting the paperless transactions, including ATM driving, merchant acquiring, biller-direct payments, and government payments; issuing solutions delivering the electronic funds transfer and card processing solutions; image solutions that help clients transition from paper to electronic payments and image processing; and payment network solutions that include ATM and PIN-based debit network access and payment alternatives from the NYCE Payment Network, an ATM/PIN debit network. It also provides epayments solutions for bill publishing and bill consolidation for billers and payers; and healthcare payment solutions that enable exchange of information and funds between patients, payers, providers, and financial institutions. Metavante also serves banks, credit unions, brokers, insurance companies, and resellers through a direct sales force and distributors. It has a strategic partnership agreement with Waterfield. The company was founded in 1964 and is headquartered in Milwaukee, Wisconsin. Metavante Technologies, Inc. is a subsidiary of Metavante Corporation.

Our Analysis: The shares of Metavante Technologies, Inc. 'MV' set a new all time closing high yesterday on heavier than normal trading volume. In the process they completed a "cup and handle" pattern. This is a very bullish trading pattern. The shares of 'MV' should continue to move higher and test $29.30/share, the price target set by the handle portion of the pattern. If the shares of 'MV' close above that level, then they should continue to move higher and test $40.59/share, our upper target established by the larger "cup" portion of the pattern. I see downside support on the shares of 'MV' @ $26.29/share, and have set my stops accordingly @ $25.87/share