Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $380.00 short put and a strike $370.00 long put offers a potential 31.58% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $380.00 by expiration. The full premium credit of $2.40 would be kept by the premium seller. The risk of $7.60 would be incurred if the stock dropped below the $370.00 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 56.66 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
MasterCard (MA) Dips More Than Broader Markets: What You Should Know
Fri, 16 Jul 2021 21:45:09 +0000
MasterCard (MA) closed the most recent trading day at $387.12, moving -0.8% from the previous trading session.
Don't Let Knowledge Blind You To Stock Market Corrections
Fri, 16 Jul 2021 17:43:51 +0000
News Editor Ed Carson points out that the strength in indexes hasn't necessarily translated to portfolio gains.
Will MasterCard (MA) Beat Estimates Again in Its Next Earnings Report?
Thu, 15 Jul 2021 16:10:04 +0000
MasterCard (MA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Mastercard Marks Year of Collective Action in Annual Sustainability Report
Thu, 15 Jul 2021 15:31:08 +0000
Outlines progress towards an inclusive, sustainable future for people and the planet
PayPal (PYPL) Boosts Reach to Australia With Pay in 4 Access
Thu, 15 Jul 2021 14:10:02 +0000
PayPal (PYPL) makes its Pay in 4 service BNPL solution available in Australia.
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