Mastercard (MA) Price Near $338.36; Heads Down For the 2nd Day In A Row

The Hourly View for MA

Last Updated September 14, 2020, 23:13 GMT

At the time of this writing, MA’s price is up $7.3 (2.21%) from the hour prior. This is the 2nd consecutive hour MA has seen its price head down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50 and 100 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Mastercard Inc Daily Price Recap

Mastercard Inc is down 0.82% ($2.73) since the previous day, marking the 2nd day in a row a decline has happened. The change in price came along side change in volume that was up 2.65% from previous day, but down 33.77% from the Sunday of last week. Below is a daily price chart of Mastercard Inc.

MA

Mastercard Inc Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 17 out of the past 30 days.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about MA:

    $DIA $QQQ $SPY strong finish

    We need another day or two like today to really get things moving. The way things have been going it will sell off again tomorrow 😑 hope that’s not the case $MA $COST should be closer to $400

    Oceanavekid