Mastercard's most recent trend suggests a bearish bias. One trading opportunity on Mastercard is a Bear Call Spread using a strike $340.00 short call and a strike $345.00 long call offers a potential 25.94% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $340.00 by expiration. The full premium credit of $1.03 would be kept by the premium seller. The risk of $3.97 would be incurred if the stock rose above the $345.00 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 33.13 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
Toomey vows fix to ‘badly flawed' cryptocurrency broker plan in infrastructure bill
Fri, 05 Nov 2021 10:27:11 +0000
The Pennsylvania Republican said he's prepared to fix the broad definition of a cryptocurrency broker that’s contained within the infrastructure bill.
Sen Toomey blasts stablecoin bank idea as crypto regulation debate heats up
Thu, 04 Nov 2021 19:52:10 +0000
The Pennsylvania Republican's remarks presaged what is likely to be a spirited debate about cryptocurrency regulation, with little consensus among lawmakers.
Mastercard Celebrates “50 Years and Running” at the 2021 TCS New York City Marathon
Thu, 04 Nov 2021 13:00:00 +0000
NEW YORK, November 04, 2021–As the Official Payment Services Provider of New York Road Runners, Mastercard today announced the launch of the “50 Years and Running” campaign in support of the TCS New York City Marathon. In partnership with documentary filmmaker and small business champion Nick Heller, otherwise known as @newyorknico, Mastercard is celebrating the businesses that have powered New York City over the past 50 years.
HDFC Bank, Mastercard, USAID and DFC Launch $100 Million Credit Facility for Micro, Small and Medium Enterprises (MSMEs) in India
Wed, 03 Nov 2021 16:46:05 +0000
HDFC Bank, Mastercard, U.S. International Development Finance Corporation (DFC), and U.S. Agency for International Development (USAID) launched a $100 million credit facility to promote and encoura…
Crypto market now worth more than top dozen largest banks combined
Wed, 03 Nov 2021 16:27:39 +0000
Latest Ethereum price record means it alone now ranks above every leading global bank in terms of market cap
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