Mastercard Inc (MA) Moves Up For the 2nd Day In A Row; in an Uptrend Over Past 14 Days

Mastercard Inc Daily Price Recap

Mastercard Inc is up 2.86% ($8.42) since the previous day, marking the 2nd day in a row it has gone up. The price move occurred on volume that was up 81.1% from the day prior, but down 16.63% from the same day the week before. Let’s take a look at the daily price chart of Mastercard Inc.

Mastercard Inc Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days Mastercard Inc’s price has gone up 17 them.

Overheard Around the Web

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

    10:58 AM
    cross trade looks like roll.. jun $205 calls trade 16405 at $1.45 and 12k sep $220 calls trade at $2.84.

    You are correct. That massive SEPT $220 trade was nothing more than a rollover from a JUN $205 position. I didn't see that, but I still think that trader is waiting for an announcement out of China about $V and $MA being allowed to start doing business as standalone companies.