Mastercard stock: buy or sell

MA stock price: $383.44 -1.75% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021

2

Mastercard stock brief

  • Mastercard closed on Wednesday at $383.44 (-1.75%) prior to presenting financial results on Thursday
  • On Thursday, Mastercard posted its Q2 financial report
  • Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally.

Should I buy Mastercard stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $MA stock a buy?

Currently, Mastercard stock matches one trading strategy:

ATH buy setup

One of the most recommended trading strategies is to buy on All-time Highs (ATH) breakouts. The good point of buying at ATHs is that shares price doesn't have upper resistances, and usually it scales rapidly. However, there's the risk of a bulls trap that may trigger your buy order and then drops sharply. That's why a stop loss is so important. Price is now at 4.59% of all-time highs and it can breakout at any time, so if you want to trade this setup it's recommended to setup your order at $401.03. The stop loss would be placed at $360.93

Buy setupBuy pointStop lossRisk
ATH buy setup$401.03$360.9310.00%

Should I sell Mastercard stock?

"To sell or not to sell", if you are holding Mastercard shares?. Trading strategies prevent us from making impetuous decisions based on our personal sentiments or the noise surrounding the market. When selling, as well as buying, detailed strategies are very simple to use and are only applicable for selling stocks you already own, not for selling short $MA stock

A guiding principle is that you should not keep a trade that produces losses greater than those expected upon purchase. The timing to sell your stock always has to be dictated by the stop-loss (automatic or manual)

Is it time to sell Mastercard stock?

Currently, Mastercard stock doesn't match any of our preferred sell setups, so if you own Mastercard stock and your operation is in profit probably is not time to sell now

Mastercard ratings

We don't have any rating posted in the last month for Mastercard

Mastercard stock analysis

SMAs overview

MA stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $388.58 (1.34% above)
  • R2: $393.46 (2.61% above)
  • R3: $401.03 (4.59% above)
  • The current support levels are:

  • S1: $365.49 (-4.68% below)
  • S2: $363.37 (-5.23% below)
  • S3: $358.11 (-6.61% below)
  • Bollinger bands

    Since the price surpassed the upper band last Friday, the price has been corrected downwards by 2.80%

    MA stock Bollinger Bands chart

    Relative strength index

    When the moves for so long below 70 and above 30, without indicating moments of overvaluation and undervaluation, the indicator loses its usefulness, and we find ourselves in such a case.

    MA stock RSI chart

    Mastercard stock price history

    Mastercard started trading priced at an adjusted price1 of $3.75 on May 2006. Since then, MA stock surged by 10,125.07%, with an average of 675.00% per year. If you had invested $1,000USD in Mastercard stock on May 2006, it would worth $102,250.67 today.

    1: Adjusted price after possible price splits or reverse-splits

    MA stock price history chart

    Price target for Mastercard stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are issued every day by banks, financial institutions and independent analysts.

    The following table shows the price predictions published by brokerage institutions for the last 30 days. If you are a small trader you shouldn't invest based on these projections.

    In the previous 30 days we couldn't find any price target posted for Mastercard stock.

    Earnings and financials

    On Thursday, Mastercard ($MA) hosted the quarterly shareholders event and presented the report.

    In comparison, the EPS for the same quarter last year was $1.36, so posted EPS is -100.00%. Turnover scarcely changed on an annualized basis in the , from $40.1B to $41.6B last quarter.

    Mastercard ($MA) is hosting the earnings call next October.

    Mastercard performance

    MA performance compared
    Company1m3m6m
    Mastercard ($MA) 4.00% -1.90% 17.50%

    Important:
    The opinions published in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this report does not know the specific positions of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are provided for learning reasons only

    Mastercard summary

    Wednesday, July 28th, 2021
    Open$391.62
    Close$383.44
    Day range$382.33 - $391.73
    Previous close$390.27
    Session gain-1.75%
    Average true range$12.63
    50d mov avg$371.54
    100d mov avg$372.32
    200d mov avg$353.20
    Earnings dateOctober 26th, 2021

    Frequently asked questions

    What is Mastercard stock symbol?

    Mastercard Incorporated is a public company trading in the US stock market with the MA symbol

    Is Mastercard stock a buy or sell?

    Mastercard had no ratings in the last 4 weeks Read the article to get additional tips on trading MA stock.

    Will MA go up?

    There were no forecasts posted by market analysts in the last 4 weeks for Mastercard.