Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $345.00 short put and a strike $340.00 long put offers a potential 31.58% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $345.00 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $3.80 would be incurred if the stock dropped below the $340.00 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 76.72 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
New Wells Fargo Credit Card Gives Customers Rewards for Rent Payments
Mon, 28 Mar 2022 09:00:00 +0000
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Sun, 27 Mar 2022 09:51:00 +0000
Now for that bad news: The winds of change are blowing on the economic front and the possibility of a recession in the U.S. is rising. As much as we'd rather not contend with slowing growth and recessions as both investors and working/retired Americans, they're a natural part of the economic cycle. While there's no concrete indicator for when a recession will occur, there are two data points that are particularly worrisome.
Why You Want to Own These 2 Stocks When Inflation is High
Sat, 26 Mar 2022 11:50:00 +0000
Inflation makes the price of everything you buy go up, so own the companies that take a piece of each purchase you make.
MasterCard (MA) Stock Sinks As Market Gains: What You Should Know
Fri, 25 Mar 2022 21:45:09 +0000
MasterCard (MA) closed at $349.02 in the latest trading session, marking a -0.09% move from the prior day.
Mastercard's (MA) Tools to Ease Consumers' Fat Monthly Payments
Fri, 25 Mar 2022 18:21:06 +0000
Mastercard (MA) unveils two cutting-edge solutions, backed by open banking capabilities, for ensuring prompt and safe monthly payments (of substantial amount) by consumers.
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