The Hourly View for Mastercard
- At the time of this writing, MA’s price is down $-2.08 (-0.62%) from the hour prior.
- This move is a reversal from the hour prior, which saw price move up.
- Regarding the trend, note that the strongest trend exists on the 20 hour timeframe.
- Of note is that the 50 hour changed directions on MA; it is now pointing down. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
Mastercard’s hourly price chart is shown below.
The Daily View for Mastercard
- At the moment, MA’s price is up $4.79 (1.45%) from the day prior.
- The daily chart shows that Mastercard has seen 2 straight up days.
- If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe.
- The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
- Divergence alert: Trend in MA’s price and its RSI are diverging. MA’s price is declining faster than its RSI.
Below is a daily price chart of Mastercard.
Featured Mastercard Idea From TradingView
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