Mastercard's most recent trend suggests a bearish bias. One trading opportunity on Mastercard is a Bear Call Spread using a strike $272.50 short call and a strike $277.50 long call offers a potential 96.08% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $272.50 by expiration. The full premium credit of $2.45 would be kept by the premium seller. The risk of $2.55 would be incurred if the stock rose above the $277.50 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 33.25 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Mastercard
Libra Association in talks with EU regulators, exec tells Reuters
Fri, 27 Sep 2019 11:55:10 +0000
Libra cryptocurrency not out to replace existing money – project head
Fri, 27 Sep 2019 08:32:41 +0000
Read This Before Selling Mastercard Incorporated (NYSE:MA) Shares
Thu, 26 Sep 2019 18:46:00 +0000
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The…
Mastercard Partners With Levi Strauss & Co., Marks & Spencer and VF Corporation on Programs to Help Garment Factory Workers Build More Secure Financial Futures
Thu, 26 Sep 2019 12:00:00 +0000
Mastercard today announced a global effort to pay garment factory workers digitally, a pivot the industry is making from traditional cash payroll to ensure workers receive their hard-earned wages securely and consistently. With industry partners including Levi Strauss & Co., Marks & Spencer and VF Corporation, and in conjunction with global nonprofit BSR (Business for Social Responsibility), this program aims to improve the wellbeing of factory workers who currently lack access to the financial tools and services that can help them and their families thrive. Mastercard and its partners are coordinating pilots in Egypt and Cambodia with a hybrid digital payment solution.
MasterCard (MA) Gains But Lags Market: What You Should Know
Wed, 25 Sep 2019 21:45:09 +0000
In the latest trading session, MasterCard (MA) closed at $272.77, marking a +0.61% move from the previous day.
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