Mastercard's most recent trend suggests a bearish bias. One trading opportunity on Mastercard is a Bear Call Spread using a strike $277.50 short call and a strike $282.50 long call offers a potential 9.41% 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 $277.50 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock rose above the $282.50 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 52.03 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Mastercard
Why Mastercard Shows Buying Growth Stocks On A Gap-Up Is Sound Investing Strategy
Thu, 07 Nov 2019 15:00:34 +0000
The conventional wisdom often advises caution when boldness is required. When great stocks gap up out of a base, it's natural to think it's too late to buy.
Fiserv (FISV) Lags Q3 Earnings & Revenue Estimates, Ups View
Thu, 07 Nov 2019 13:10:01 +0000
Fiserv (FISV) third-quarter 2019 earnings and revenues improve year over year.
FLEETCOR (FLT) Beats on Q3 Earnings & Revenues, Tweaks View
Thu, 07 Nov 2019 12:40:12 +0000
FLEETCOR (FLT) third-quarter 2019 earnings and revenues improve year over year.
UPDATE 1-China mobile payment giants Alipay, WeChat open to international cards
Thu, 07 Nov 2019 06:03:37 +0000
China mobile payment giants Alipay and WeChat Pay have started allowing overseas users to link their accounts to international bank cards, in a move cheered by foreign payment firms like Visa and Mastercard. Tencent, the parent company of WeChat Pay, said on Wednesday it was opening up in a statement on one of its official websites, while Alibaba-backed Alipay announced the change on its official media service platform.
Tappy Technologies partners with Mastercard to Embed Payment Functionality into Fashion Wearables
Thu, 07 Nov 2019 01:30:00 +0000
HONG KONG and SINGAPORE , Nov. 6, 2019 /CNW/ — Tappy Technologies, the Hong Kong-based wearable and digital payments solution provider, today announces strategic partnership with Financial technology pioneer, Mastercard, in the Asia Pacific region. The patented technology of Tappy embeds contactless payment chips into virtually any fashion accessory, transforming them into payment-enabled wearables. “Fashion-conscious consumers are now looking to their favorite brands to add payment capabilities to their watches, jewelry and other accessories.
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