Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $365.00 short put and a strike $360.00 long put offers a potential 69.49% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $365.00 by expiration. The full premium credit of $2.05 would be kept by the premium seller. The risk of $2.95 would be incurred if the stock dropped below the $360.00 long put 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 40.02 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
JP Morgan touts institutional bitcoin backing as volatility falls
Tue, 06 Apr 2021 11:03:29 +0000
Bitcoin price rises after report suggests decreasing volatility in the cryptocurrency.
Mastercard Recovery Insights: E-commerce a Covid Lifeline for Retailers with Additional $900 Billion Spent Online Globally
Tue, 06 Apr 2021 04:01:00 +0000
New Mastercard Recovery Insights report: E-commerce a Covid lifeline for retailers with additional $900 billion spent online globally in 2020.
Mastercard (MA) to Invest $100 Million in Airtel Africa
Mon, 05 Apr 2021 16:51:04 +0000
Mastercard (MA) will spend $100 million for a 3.75% interest in AMC BV. The Group and Mastercard expand commercial pacts and ink a new commercial deal to cement their partnerships across regions.
Got $1,400? Here's 3 Stocks to Buy and Hold for the Long Term
Sat, 03 Apr 2021 10:30:00 +0000
Three stocks that can be pillars for your portfolio for many years to come are Johnson & Johnson (NYSE: JNJ), Palantir (NYSE: PLTR), and Mastercard (NYSE: MA). Johnson & Johnson is a popular name due to its FDA-authorized COVID-19 vaccine, but there's much more to its business. Further, the company has pledged not to profit from the vaccine during the pandemic and is selling doses at cost.
3 Top Growth Stocks to Buy Right Now
Fri, 02 Apr 2021 11:18:00 +0000
The last two months have been quite tough for growth stocks. With the spread between 2-year and 10-year treasury yields increasing rapidly, that is longer term interest rates moving higher, the market now seems to prefer economically sensitive value stocks over growth stocks. The immediate fallout has been a long overdue correction in growth stocks whose valuations have run far ahead of fundamentals.
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