Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $310.00 short put and a strike $305.00 long put offers a potential 9.89% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $310.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $305.00 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 69.04 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
Mastercard Incorporated Publishes Updated Second-Quarter 2020 Operating Metrics on Company’s Website
Mon, 08 Jun 2020 21:25:00 +0000
Mastercard today published updated operating metrics for its second quarter through the week ending May 28, 2020.
Top Stock Reports for Mastercard, Novartis & Boeing
Mon, 08 Jun 2020 14:59:02 +0000
Top Stock Reports for Mastercard, Novartis & Boeing
Why Shares of Discover Financial Services Rose 10.6% in May
Mon, 08 Jun 2020 14:00:00 +0000
Coming after an even stronger April, Discover continued to rise on optimism over an economic recovery.
If You're Retired, Consider Buying These 7 Stocks
Sat, 06 Jun 2020 13:15:00 +0000
Combining dividends and growth may be a great way to extend the life of your portfolio in retirement.
A Look Into Mastercard's Price Over Earnings
Fri, 05 Jun 2020 15:00:45 +0000
In the current session, Mastercard Inc. (NYSE: MA) is trading at $306.64, after a 1.75% spike. Over the past month, the stock increased by 8.56%, and in the past year, by 15.22%. With performance like this, long-term shareholders optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently below from its 52 week high by 11.69%.The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings.Most often, an industry will prevail in a particular phase of a business cycle, than other industries.Mastercard Inc. has a better P/E ratio of 38.54 than the aggregate P/E ratio of 17.34 of the Credit Services industry. Ideally, one might believe that Mastercard Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued.price to earnings ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga * Morning Market Stats in 5 Minutes * P/E Ratio Insights for Mastercard * Morning Market Stats in 5 Minutes(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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