Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $382.50 short put and a strike $377.50 long put offers a potential 36.99% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $382.50 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock dropped below the $377.50 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 71.56 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Mastercard
Mastercard and digital currency exchange Gemini to launch crypto rewards credit card
Tue, 27 Apr 2021 11:08:24 +0000
Mastercard Inc and U.S. cryptocurrency exchange Gemini will launch the first credit card that gives users digital currency “rewards” on purchases this year, deepening the involvement of major payment firms in the emerging asset class. Users of the card will from this summer receive up to 3% in bitcoin or other cryptocurrencies on their purchases, the companies said in a statement, with the digital currency deposited in the cardholder's Gemini account. Payment giants from Mastercard and Visa Inc to PayPal Holdings Inc have stepped up their engagement with cryptocurrencies in recent months, as larger investors and companies warm to bitcoin and its kin.
Petco Announces Revolutionary Credit Card Program in Partnership with Alliance Data and Mastercard
Tue, 27 Apr 2021 10:02:00 +0000
Petco Health and Wellness Company, Inc. (NASDAQ: WOOF), a complete partner in pet health and wellness, today announced the launch of Petco Pay, an innovative credit card program in partnership with Alliance Data Systems Corporation's (NYSE: ADS) Card Services business, a provider of market-leading payment products and digital solutions, including Bread® and Comenity-branded financial services, and Mastercard (NYSE: MA), a global technology company in the payments industry. As the credit card for pet lovers, Petco Pay, issued by Alliance Data, includes the Petco Pay Mastercard, a co-branded credit card, and the Petco Pay Credit Card, a private label credit card. In addition to many perks, with every purchase made using Petco Pay credit cards, Petco will make a donation to Petco Love (formerly the Petco Foundation), an independent nonprofit organization, to support life-saving initiatives for pets in need. Petco has pledged to donate up to $1 million annually in total to the lifesaving initiatives of Petco Love under the program.
Mastercard to Donate $10 Million to Address India’s Covid Crisis
Tue, 27 Apr 2021 04:32:00 +0000
Mastercard today announced a US$10 million (approximately 75 crore rupees) commitment to directly address critical Covid-related needs in India.
What investors can expect from Visa, MasterCard earnings
Mon, 26 Apr 2021 19:53:23 +0000
Mizuho Managing Director Dan Dolev joined Yahoo FInance Live to break down what to expect from upcoming Visa and MasterCard earnings.
A Trio of High Ebitda Margin Ratio Stock Picks
Mon, 26 Apr 2021 17:06:57 +0000
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