Mastercard is Down for the 3rd Day in a Row

The Hourly View for Mastercard

  • At the time of this writing, MA’s price is down $-1.54 (-0.46%) from the hour prior.
  • This is the 3rd hour in a row Mastercard has seen its price head 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 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Mastercard’s hourly price chart is shown below.

MA

The Daily View for Mastercard

  • Currently, MA’s price is down $-2.52 (-0.75%) from the day prior.
  • The daily chart shows that Mastercard has seen 3 straight down days.
  • Regarding the trend, note that the strongest trend exists on the 100 day timeframe.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Below is a daily price chart of Mastercard.

MA

Featured Mastercard Idea From TradingView

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