Mastercard Closed Yesterday Down -0.08%

The Daily View for Mastercard

  • At the moment, MA’s price is up $0.41 (0.11%) from the day prior.
  • This is the 2nd day in a row Mastercard has seen its price head up.
  • From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Mastercard’s hourly price chart is shown below.

MA

The Daily View for Mastercard

  • At the time of this writing, MA’s price is down $-0.32 (-0.08%) from the day prior.
  • This move is a reversal from the day prior, which saw price move up.
  • Regarding the trend, note that the strongest trend exists on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Below is a daily price chart of Mastercard.

MA

Featured Mastercard Idea From TradingView

Below is a trading comment entitled Bearish Pressure Mounting on the EURUSD you may find interesting:

The EURUSD is currently consolidating between the 20-day MA (in red) and the 50-day MA (in green) while bearish pressure increases. The currently emerging Triangle represents a classic trend continuation pattern; however, unless the price manages to break out above the Triangle’s upper boundary, it could turn into a reversal pattern. A new bearish correction could target one of the two Fibonacci retracement levels.The Shooting Star candle at the top supports these expectations for a reversal.

Trendsharks