Mastercard Inc (MA) Heads Up For the 2nd Day In A Row; Breaks Above 50 Day Average

The Hourly View for MA

Last Updated February 12, 2021, 12:39 GMT

Currently, MA’s price is up $14.22 (4.25%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Mastercard Inc Daily Price Recap

Mastercard Inc is up 2.59% ($8.66) since the previous day, marking the 2nd day in a row an increase has occurred. The price move occurred on volume that was up 20.87% from the day prior, but down 10.13% 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 50 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Mastercard Inc’s price has gone up 15 of the previous 30 trading days.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to MA:

    Watchlist for Scalps & Swings tomorrow

    3/19 YELL 6$ strike
    Higher risk
    High IV, may be scalpable loads of OI

    3/19 $DNN strike .25
    Mining for uranium in Canada. Protected laws whole uranium industry popping off

    3/19 $MRVL $55 below 2.55
    1.5 million in calls loaded today
    Macd cross 1Y1D

    2/19 $MA 350$
    MMS bot too high 350 2/19 @ 4.6 700k loads still holding its discounted
    Just had news on BTC mining

    $RKT ER run 2/25 – will run
    2/26 21 & 22$ strike
    Potential 500% on 2/19 high risk