Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $74.50 short put and a strike $69.50 long put offers a potential 17.37% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $74.50 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $4.26 would be incurred if the stock dropped below the $69.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Mastercard is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Mastercard is bullish.
The RSI indicator is at 68.54 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Mastercard
Visa, Mastercard welcome Beijing's plans to free bank cards market
Thu, 30 Oct 2014 03:24:45 GMT
Visa, Mastercard welcome Beijing's plans to free bank cards market
Thu, 30 Oct 2014 03:20:26 GMT
Reuters – * China to free up market for clearing bank card transactions * Move could benefit foreign firms such as Visa, Mastercard (Recasts, adds comment from Mastercard, UnionPay) BEIJING, Oct 30 (Reuters) – Visa Inc and Mastercard Inc welcome China's plans to open up its market for clearing domestic bank card transactions, as they stand to gain access to a growing market worth more than $1 trillion a year. While China lags behind countries such as the United States in spending on credit, habits are changing fast and the Chinese are increasingly swiping plastic to satisfy their growing appetite for consumer goods.
Wall Street turns to economy as Fed exits QE
Thu, 30 Oct 2014 02:51:56 GMT
MasterCard and CrescentRating Announce a Global Muslim Travel Index
Thu, 30 Oct 2014 02:10:47 GMT
noodls – Collaboration aims to meet the needs of the growing Muslim lifestyle segment Tweet this: Heads up 4 Muslim travelers: 1st Global Muslim Travel Index by #MasterCard & @Crescentrating coming in Jan 2015! http://mstr.cd/1rx05FP …
MasterCard (MA) Stock Rises in After-Hours Trading Following Visa's Earnings Beat
Wed, 29 Oct 2014 21:17:00 GMT
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