Mastercard Inc Daily Price Recap
Mastercard Inc is down 2.57% ($8.83) since the previous day, marking the 2nd straight day a decrease has occurred. As for how volume fared, yesterday’s volume was up 4.4% from the previous day (Monday), and up 87.17% from Tuesday of the week before. Here is a daily price chart of Mastercard Inc.
Mastercard Inc Technical Analysis
First things first: Mastercard Inc crossed below its 20 day moving average yesterday. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For another vantage point, consider that Mastercard Inc’s price has gone up 18 of the previous 30 trading days.
Overheard Around the Web
Over on StockTwits, here’s an example of what they’re saying about MA:
$MA Cross-Border Volume growth has shown modest improvement since early July with improvement in each region. Intra-Europe travel growth continues to outpace other cross-border volumes, as border restrictions have been eased in Europe in advance of other locations.
• Card present growth (orange line) continues to show gradual improvement, particularly in travel and entertainment related categories such as lodging and restaurants.
• Card not present growth (yellow line) has been more resilient than card present growth over the last several months.
◦ We continue to see strong growth in card not present volumes, excluding online travel related spend (green line).
◦ Online travel related spend, which accounted for roughly a third of card not present cross-border volume in 2019, remains low.