Mastercard's most recent trend suggests a bearish bias. One trading opportunity on Mastercard is a Bear Call Spread using a strike $337.50 short call and a strike $342.50 long call offers a potential 25% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $337.50 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock rose above the $342.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Mastercard is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Mastercard is bearish.
The RSI indicator is at 42.2 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Mastercard
ACI Worldwide Weighs Its Options. It Could Sell for as Much as $6.26 Billion.
Wed, 20 Jan 2021 23:43:00 +0000
Just weeks after an activist firm urged ACI Worldwide to put itself on the block, the payments-software provider is weighing strategic options, including a sale.
3M and Mastercard Continue to Trade Sideways
Wed, 20 Jan 2021 15:55:00 +0000
Both stocks may eventually do better when investors sense that the economy is indeed going to do better.
Mastercard (MA) Ties Up to Offer Card Payment Solutions in France
Tue, 19 Jan 2021 15:20:03 +0000
Mastercard (MA) ties up with FrenchSys, which will enable rapid deployment of Mastercard's advanced card payment technologies across France.
Mastercard (MA) to Accelerate Digitization in Asia Pacific SMEs
Mon, 18 Jan 2021 14:55:02 +0000
Mastercard (MA) unveils a resource center in a bid to assist SMEs across Asia Pacific with faster adoption of digital means.
The Zacks Analyst Blog Highlights: Apple, Mastercard, Sanofi, Comcast and Altria Group
Mon, 18 Jan 2021 11:13:11 +0000
The Zacks Analyst Blog Highlights: Apple, Mastercard, Sanofi, Comcast and Altria Group
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