Mastercard's most recent trend suggests a bearish bias. One trading opportunity on Mastercard is a Bear Call Spread using a strike $362.50 short call and a strike $367.50 long call offers a potential 61.29% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $362.50 by expiration. The full premium credit of $1.90 would be kept by the premium seller. The risk of $3.10 would be incurred if the stock rose above the $367.50 long call 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 down which suggests that the medium-term momentum for Mastercard is bearish.
The RSI indicator is at 29.81 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Mastercard
Mastercard, rivals ‘ran cartel' on cards for the vulnerable, UK watchdog says
Wed, 31 Mar 2021 10:21:09 +0000
Mastercard is among five companies which broke the law for cartel behaviour when offering pre-paid cards to vulnerable members of society, Britain's Payment Systems Regulator said on Wednesday. Mastercard, allpay, APS, PFS and Sulion agreed not to compete or poach each other's customers on cards used by local authorities for welfare payments including to the homeless, victims of domestic violence and asylum seekers, the PSR said.
Mastercard, rivals could be fined £32m for alleged ‘cartel behaviour'
Wed, 31 Mar 2021 09:59:08 +0000
Case related to pre-paid cards used by local authorities to distribute welfare payments.
UPDATE 3-Mastercard, rivals ‘ran cartel' on cards for the vulnerable, UK watchdog says
Wed, 31 Mar 2021 06:54:48 +0000
Mastercard is among five companies which broke the law for cartel behaviour when offering pre-paid cards to vulnerable members of society, Britain's Payment Systems Regulator said on Wednesday. Mastercard, allpay, APS, PFS and Sulion agreed not to compete or poach each other's customers on cards used by local authorities for welfare payments including to the homeless, victims of domestic violence and asylum seekers, the PSR said.
Five payments firms broke competition law on pre-paid cards, UK watchdog says
Wed, 31 Mar 2021 06:19:39 +0000
Britain's Payment Systems Regulator has found five companies broke the law for anti-competitive behaviour related to pre-paid cards for vulnerable members of society, the watchdog said on Wednesday. The PSR said Mastercard, allpay, APS, PFS and Sulion agreed not to compete or poach each other's customers on cards used by local authorities for welfare payments to the homeless, victims of domestic violence and asylum seekers. Mastercard, allpay and PFS have admitted liability and agreed to pay maximum fines totalling over 32 million pounds ($43.90 million), the watchdog said.
Facebook messaging service gets delayed Brazil nod for payments
Wed, 31 Mar 2021 02:46:34 +0000
Brazil's central bank on Tuesday cleared the way for Facebook's WhatsApp messaging service to let its users send each other funds using the Visa Inc and Mastercard card networks, months after vetoing WhatsApp's initial attempt. When WhatsApp tried to launch the transfer service last June, the central bank said it could damage Brazil's existing payments system in terms of competition, efficiency and data privacy, adding that the service had failed to obtain the needed licenses.
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