Mastercard Inc Daily Price Recap
The choppiness in the recent daily price action of Mastercard Inc continues; to start today, it came in at a price of 256.91 US dollars, up 4.71% ($11.56) since yesterday. This move happened on lower volume, as yesterday’s volume was down 13.38% from the day before — and down 28.92% from the same day the week before. Let’s take a look at the daily price chart of Mastercard Inc.
Mastercard Inc Technical Analysis
First things first: Mastercard Inc crossed above its 20 day moving average yesterday. The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. Also of note is that on a 14 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For additional context, note that price has gone down 6 out of the past 10 days.
Overheard Around the Web
Over on StockTwits, here’s an example of what they’re saying about MA:
$PYPL $v $ma $ba Because this study was terminated early due to low enrollment, it was underpowered to enable statistically meaningful conclusions. As such, the study results are inconclusive, though trends in the data suggest a potential benefit for remdesivir, particularly among patients treated early in disease.