Mastercard's most recent trend suggests a bearish bias. One trading opportunity on Mastercard is a Bear Call Spread using a strike $327.50 short call and a strike $332.50 long call offers a potential 47.06% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $327.50 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $3.40 would be incurred if the stock rose above the $332.50 long call 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 24.38 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
Tech Walls Off Russia Like Never Before, Posing New Risks for U.S.
Fri, 11 Mar 2022 05:00:20 +0000
(Bloomberg) — The campaign to starve Russia of technology — stripping the nation of everything from iPhones and Airbnb listings to defense electronics — is an unprecedented experiment that risks pushing Vladimir Putin further into China’s orbit.Most Read from BloombergRussia Devises Plan to Seize Firms Abandoned in Foreigner ExodusUkraine Update: Russia Targeting Airfields in Western UkraineUkraine Open to Russia's Neutrality Demand But Won’t Yield Territory, Aide SaysU.S. Slams China for Pushi
10 Cryptocurrencies Trending on Reddit in March
Thu, 10 Mar 2022 16:40:04 +0000
In this article, we discuss 10 cryptocurrencies trending on Reddit in March. If you want to skip our detailed analysis of these currencies, go directly to 5 Cryptocurrencies Trending on Reddit in March. As technology permeates every aspect of human lives, it has also begun to slowly transform how people spend money. Investment decisions are changing. […]
Here’s Why Saturna Capital Disposed its Mastercard Inc. (MA) Stake
Thu, 10 Mar 2022 14:18:57 +0000
Saturna Capital, an investment management firm, published its “Amana Funds” fourth-quarter 2021 investor letter – a copy of which can be downloaded here. For the fourth quarter of 2021, the Amana Income Fund Investor Shares returned 13.76% and the Institutional Shares returned 13.85%. The Amana Growth Fund sprinted to a strong finish in the fourth […]
Why Shares of Mastercard, ING Groep, and Goldman Sachs Are Rising
Wed, 09 Mar 2022 21:16:07 +0000
Shares of many financial stocks are rising today on media reports that Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky may be open to a potential compromise that would end the fighting in Ukraine that has now ensued for 12 days. Shares of Mastercard (NYSE: MA) traded roughly 4.5% higher in the final hour of trading, while shares of the Dutch Bank ING Groep (NYSE: ING) had jumped nearly 10%. Shares of Goldman Sachs (NYSE: GS) were up about 4.3%.
Mastercard SpendingPulse: February U.S. Retail Sales Rise 8.7% Year-over-Year* Amid Inflation, Return to Office
Wed, 09 Mar 2022 12:01:00 +0000
PURCHASE, N.Y., March 09, 2022–U.S. consumer spending maintained positive momentum in February, according to Mastercard SpendingPulse.
Related Posts
Also on Market Tamer…
Follow Us on Facebook