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Mastercard

Mastercard’s Support Zone: Waiting for Buyers to Step Back InIf Mastercard’s price retraces to the green support zone, it could signal a renewed interest from buyers eager to push the price back up. This zone has previously served as a level where buyers stepped in, and if the price approaches it again, we may see a similar reaction. My strategy is to wait for signs of a bounce in this area, as it could provide a strong entry point for a long position. By observing price action and looking for bullish confirmation in the green zone, this setup could offer a promising opportunity for a move to the upside. Patience is key here, as I’ll only consider entry once there’s clear evidence of buyers returning.
NYSE:MALong
by rebenga93
The Payment Card Titan: Comparing Visa, Mastercard, and Amex◉ Abstract The global credit card market is projected to grow from USD 559.18 billion in 2023 to USD 1,146.62 billion by 2033, driven by advancements in digital payment technologies, e-commerce growth, increased financial literacy, and urbanization, especially in Asia-Pacific. Visa leads the market with a 38.73% share, followed by Mastercard and American Express. Visa and Mastercard operate primarily as payment networks, while American Express both issues cards and offers unique rewards. Financially, all three companies show strong revenue growth, with American Express yielding the highest ROI but also carrying significant debt. Despite this debt, American Express appears undervalued based on financial ratios. Overall, while American Express presents an attractive investment opportunity, Visa and Mastercard also demonstrate solid fundamentals and growth potential for investors in the expanding credit card market. Read the full analysis here . . . ◉ Introduction The Global Credit Card Market Size was Valued at USD 559.18 Billion in 2023 and the Worldwide Credit Card Market Size is Expected to Reach USD 1146.62 Billion by 2033, ◉ Key Growth Drivers ● Digitalization and Technology: Advancements in payment technologies, including mobile wallets and contactless payments, enhance convenience and security. ● E-Commerce Growth: The rise of online shopping increases demand for credit card payments, as consumers prefer their ease and safety. ● Financial Literacy: Improved understanding of financial products encourages more consumers, especially in developing regions, to adopt credit cards. ● Urbanization: Growing urban populations, particularly in Asia-Pacific, lead to greater access to banking services and credit facilities. ● Emerging Markets: Rising disposable incomes in developing countries drive new credit card accounts as financial institutions expand their offerings. ● Consumer Convenience: The preference for quick and easy payment methods boosts credit card usage over cash transactions. ● Rewards Programs: Attractive loyalty programs incentivize consumers to use credit cards for everyday purchases. ● Regulatory Support: Government initiatives promoting cashless transactions foster a favourable environment for credit card adoption. ◉ Market Overview As of 2022, the global credit card market was primarily led by Visa, which held a 38.73% share of the worldwide payment volume. Mastercard followed with a 24% market share, while American Express (Amex) accounted for 4.61%. Notably, China UnionPay is also a major player in this space, surpassing Amex in terms of purchase volume ◉ Key Players in the Payment Card Industry 1. Visa NYSE:V ● Market Cap: $552 B ● Market Share: 38.73% ● Business Model: Payment network facilitating transactions between consumers, businesses, banks, and governments globally. ● Card Issuance: Does not issue cards itself. ● Global Reach: Extensive acceptance network across more than 200 countries. 2. Mastercard NYSE:MA ● Market Cap: $474 B ● Market Share: 24% ● Business Model: Payment processor and network partnering with banks to offer various card products. ● Card Issuance: Does not issue cards itself. ● Global Reach: Broad acceptance worldwide with diverse products catering to different consumer needs. 3. American Express NYSE:AXP ● Market Cap: $203 B ● Market Share: 4.61% ● Business Model: Card issuer and payment network offering unique benefits and rewards directly to cardholders. ● Card Issuance: Issues its own cards. ● Global Reach: High acceptance rate in the US (99% of merchants), lower in Europe and Asia due to higher transaction fees. ◉ Technical Aspects ● From a technical perspective, there's a notable similarity among the three stocks: each is exhibiting strong bullish momentum, consistently achieving higher highs and higher lows. ● All three stocks have formed a Rounding Bottom pattern, and after breaking out, their prices have climbed to new heights. ● While Mastercard and American Express are currently trading at their all-time highs, Visa is positioned just below its peak. ◉ Relative Strength The chart vividly demonstrates that American Express has excelled remarkably, achieving a return of nearly 85%, whereas Mastercard and Visa have delivered returns of 28% and 20%, respectively. ◉ Revenue & Profit Analysis 1. Visa ● Year-over-Year ➖ In FY23, Visa achieved a remarkable revenue increase of 11.4%, reaching $32.7 billion, up from $29.3 billion in FY22. ➖ The EBITDA for FY23 also saw a significant rise, totalling $22.9 billion compared to $20.6 billion in FY22. ● Quarter-over-Quarter ➖ In the latest June quarter, Visa's revenue rose to $8.9 billion, slightly surpassing the $8.8 billion reported in March 2024. This reflects a year-over-year growth of nearly 9.5% from $8.1 billion in the same quarter last year. ➖ The EBITDA for the most recent June quarter reached $6.2 billion, indicating an almost 9% increase from $5.7 billion in the same quarter last year. ➖ In June, the diluted EPS saw a modest rise, climbing to $9.35 (LTM) from $8.94 (LTM) in March 2024, which represents a notable year-over-year increase of 18.6% from $30.3 (LTM). 2. Mastercard ● Year-over-Year ➖ Mastercard's revenue for FY23 experienced a robust growth of 12.9%, reaching $25.1 billion, up from $22.2 billion in FY22. ➖ The EBITDA for FY23 also increased, reporting $22.9 billion, up from $20.6 billion in FY22. ● Quarter-over-Quarter ➖ In the recent June quarter, Mastercard's revenue climbed to $7.0 billion, compared to $6.3 billion in March 2024. Year-over-year, this marks an increase of nearly 11% from $6.3 billion in the same quarter last year. ➖ The EBITDA for the latest June quarter was $4.4 billion, reflecting an almost 9% rise from $3.9 billion in March 2024. ➖ In June, the diluted EPS saw a slight increase, rising to $13.08 (LTM) from $12.59 (LTM) in March 2024, which is a significant year-over-year increase of 23% from $10.67 (LTM). 3. American Express ● Year-over-Year ➖ For the fiscal year 2023, the company experienced a remarkable revenue growth of 9.7%, reaching an impressive $55.6 billion, compared to $50.7 billion in fiscal year 2022. ➖ Additionally, operating income showed a positive trajectory, with fiscal year 2023 reporting $10.8 billion, an increase from $10 billion in the previous fiscal year. ● Quarter-over-Quarter ➖ In the latest June quarter, revenue continued its upward trend, totalling $15.1 billion, up from $14.5 billion in March 2024. This represents a significant year-over-year growth of nearly 8.7% from $13.9 billion in the June quarter of the previous year. ➖ Furthermore, operating income for the June quarter reached $3.2 billion, marking a substantial increase of almost 19% from $2.7 billion in the same quarter last year. ➖ The diluted earnings per share (EPS) also saw a remarkable rise in June, climbing to $13.39 (LTM) from $12.14 (LTM) in March 2024, which is a significant jump of 36% compared to $9.83 (LTM) in the same quarter last year. ◉ Valuation ● P/E Ratio ➖ Visa stands at a P/E ratio of 29.1x. ➖ Mastercard is at a P/E ratio of 38.7x. ➖ American Express shows a P/E ratio of 20.6x. ➖ When we analyze these figures, it becomes clear that American Express appears significantly undervalued compared to its peers. ● P/B Ratio ➖ Visa has a P/B ratio of 14.3x. ➖ Mastercard's P/B ratio is a staggering 64x. ➖ American Express, however, has a P/B ratio of just 6.8x. This further reinforces the notion that American Express is currently undervalued in the market. ● PEG Ratio ➖ Visa's PEG ratio is 1.56. ➖ Mastercard's PEG stands at 1.71. ➖ American Express shines with a PEG ratio of just 0.56. ➖ This metric also highlights American Express's superior value proposition compared to its peers. ◉ Cash Flow Analysis ➖ Visa's operating cash flow for the fiscal year 2023 has risen to $20.8 billion, marking a notable increase from $18.8 billion in fiscal year 2022. ➖ Similarly, Mastercard has experienced growth in its operating cash flow, which has reached $12 billion in fiscal year 2023, up from $11.2 billion in the previous year. ➖ In contrast, American Express has reported a significant decline in its operating cash flow, decreasing from $21.1 billion in fiscal year 2022 to $18.6 billion in fiscal year 2023. ◉ Debt Analysis 1. Visa ● Debt to Equity Ratio: Approximately 0.52 as of June 2024, indicating a stable financial structure with moderate leverage. ● Total Debt: About $20.6 billion. ● Total Shareholder Equity: $39.7 billion. ● Analysis: Visa's ratio reflects a cautious debt approach, balancing equity and debt financing, with net debt well-supported by operating cash flow, enhancing financial stability. 2. Mastercard ● Debt to Equity Ratio: Approximately 2.10, indicating a higher reliance on debt compared to Visa 5. ● Total Debt: $15.6 billion. ● Total Shareholder Equity: $7.5 billion. ● Analysis: Mastercard’s higher ratio suggests it is more aggressive in leveraging debt for growth initiatives compared to Visa. This strategy may lead to greater volatility in earnings due to interest obligations. 3. American Express ● Debt to Equity Ratio: Approximately 1.80, indicating a significant level of debt relative to equity 5. ● Total Debt: $53.2 billion. ● Total Shareholder Equity: $29.54 billion. ● Analysis: American Express’s ratio shows a strong reliance on debt financing, which can enhance growth but also introduces risks related to interest payments and market conditions. ◉ Top Shareholders 1. Visa ● The Vanguard Group has notably boosted its investment in Visa, now commanding a remarkable 7.52% share, reflecting a 0.62% increase since the close of the March quarter. ● In contrast, Blackrock maintains a stake of approximately 6.7% in the firm. 2. Mastercard ● When it comes to Mastercard, Vanguard has also made strides, raising its ownership to an impressive 8.27%, which is a 1.02% uptick since the end of March. ● Blackrock, on the other hand, has a substantial 7.56% stake, showing a 1.17% growth from the same period. 3. American Express ● As for American Express, Warren Buffet’s Berkshire Hathaway boasts a significant 21.3% stake in the company. ● Meanwhile, Vanguard holds a 6.36% interest, while Blackrock has a 5.89% share. ◉ Conclusion After a thorough analysis of both technical and financial indicators, we find that American Express offers a compelling valuation opportunity that is likely to attract investors. Nonetheless, it is important to recognize the significant debt load the company carries, a concern that also extends to Mastercard. ● From a technical standpoint, the chart for American Express seems to be stretched thin. Investors might want to hold off for a corrective dip to secure a more advantageous entry point. ● Mastercard's financial results reflect solid performance, though it carries a high level of debt. The technical chart indicates a slight overvaluation. Savvy investors might look to build their positions during times of price stabilization. ● Visa presents a well-rounded synergy between its technical and fundamental metrics. Its chart reveals a remarkable rebound, approaching previous all-time highs after a notable decline. The company's valuation and growth potential make it a compelling investment choice.
Editors' picks
NYSE:VLong
by NaranjCapital
7
Mastercard May Rise to 519.00 - 526.00 (READ DESCRIPTION)Mastercard May Rise to 519.00 - 526.00 Pivot Point: 482 The pivot point at 482 is a crucial support level for Mastercard. As long as the stock price remains above this level, the outlook is bullish, indicating potential for upward movement. A drop below this level would signify a change in sentiment and a potential shift toward bearish pressure. Primary Strategy (Our Preference): Entry Point: Look for long positions as long as the price holds above the pivot point of 482. Target Levels: 519.00: This target indicates a significant potential gain, suggesting that bullish momentum is strong enough to push prices higher. Achieving this target would reflect positive market sentiment towards Mastercard. 526.00: The next target represents further upside potential, reinforcing the bullish outlook if the stock can sustain its momentum. Alternative Scenario: If the stock falls below the pivot point at 482, traders should consider short positions. Entry Point: Initiate short positions if the price breaks and remains below 482. Target Levels: 470.00: This level marks the first downside target, indicating potential bearish momentum if selling pressure increases. 464.00: The next target level suggests a further decline, highlighting risks if the stock continues to trend downward. Technical Outlook: RSI Indicator: The RSI is above its neutral level at 50, indicating that bullish momentum is in play, as buying pressure exceeds selling pressure. MACD Indicator: The MACD is positive but below its signal line, suggesting that while the current trend is bullish, there may be a potential retracement or consolidation in the short term. Moving Averages: Mastercard is trading above both its 20-day and 50-day moving averages (respectively at 493.93 and 477.84), further confirming the positive outlook and suggesting the stock is in a bullish trend. Market Dynamics: As long as Mastercard holds above the pivot point of 482, there is significant potential for upward movement toward the target levels of 519.00 and 526.00. If the price falls below the pivot, market sentiment could shift, leading to potential declines toward support levels of 470.00 and 464.00. The pivot point at 482 is critical for maintaining a bullish outlook for Mastercard. Holding above this level opens the possibility for price increases toward 519.00 and 526.00. Current technical indicators support the bullish sentiment, but traders should remain cautious for any signs of retracement, especially if the price breaches the pivot support.
NYSE:MA
by CharivapaAlgo
MASTERCARD short-term weakness is a buy opportunity. Target $515Mastercard (MA) gave us an excellent sell signal on our last call (April 02, see chart below), reaching our exact Target ($440.00) before turning sideways and reach this way a Higher Low: That Higher Low was a bottom on the 2-year Channel Up pattern that has been dominating the long-term price action of the stock. As you can see it hit the 1D MA200 (orange trend-line) and the 0.382 Fibonacci retracement level and has rebounded since, which is similar to the March 16 2023 Low. The similarities are evident on this chart between the Bullish and Bearish Legs of the Channel Up and the Sine Waves help at giving us a sense of Highs and Lows. The 1D RSI sequences between the two main fractals are also similar and this shows that probably we are at a similar symmetrical level as on July 14 2023. As a result, we expect a short-term pull-back towards the 1D MA50 (blue trend-line) and then final rally towards the elections for a Higher High around $515.00, which will be just below the -0.236 Fibonacci extension (similar to the September 14 2023 High). Then we expect the stock to yet again seek the bottom of the Channel Up near the 1W MA100 (red trend-line) at $460.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:MA
by TradingShot
MA Mastercard Incorporated Options Ahead of EarningsIf you haven`t bought MA before the previous earnings: Then analyzing the options chain and the chart patterns of MA Mastercard Incorporated prior to the earnings report this week, I would consider purchasing the 457.5usd strike price Puts with an expiration date of 2024-5-3, for a premium of approximately $5.95. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:MAShort
by TopgOptions
Mastercard Adjusts Full-Year Revenue Forecast Stock Down 1.16%Mastercard Inc. ( NYSE:MA ) has revised its outlook for full-year revenue growth downwards, citing foreign exchange challenges as a primary factor impacting its projections. The payments giant anticipates net revenue growth to now align with the lower end of low double digits for 2024, a shift from its previous guidance targeting growth at the higher end of this range. Chief Financial Officer Sachin Mehra highlighted the impact of foreign exchange dynamics, particularly the recent strengthening of the US dollar, as a significant headwind affecting the company's revenue outlook. Despite this adjustment, the outlook for net revenue growth on a currency-neutral basis, excluding acquisitions, remains consistent with prior forecasts, aiming for growth at the high end of low double digits. Although shares of the company had shown resilience, climbing 5.8% year-to-date, they experienced a dip OF 1.33% following the announcement, reflecting investor concerns over the revised revenue forecast. Total network spending volume for the first quarter fell short of estimates, coming in at $2.29 trillion, below the expected $2.32 trillion. However, Mastercard's ( NYSE:MA ) first-quarter adjusted earnings exceeded expectations, reaching $3.31 per share, surpassing the Bloomberg survey's average estimate of $3.23 per share. CEO Michael Miebach emphasized the company's positive momentum, driven by robust consumer spending, substantial cross-border volume growth, and successful deal wins across regions. Mastercard's ( NYSE:MA ) performance mirrors that of its competitor Visa Inc., which also beat earnings estimates in the first quarter, reporting strong spending growth. Meanwhile, American Express Co. witnessed an 11% revenue jump during the same period. One notable development during the quarter was Mastercard ( NYSE:MA ) and Visa's landmark antitrust settlement, which promises to cap credit card interchange fees and provide relief to merchants. This agreement, subject to court approval, is expected to yield significant savings for merchants over the coming years.
NYSE:MAShort
by DEXWireNews
Mastercard Strategic Restructuring to Drive Innovation & GrowthIn a bold move aimed at fortifying its position as a global leader in payments technology, Mastercard ( NYSE:MA ) has announced a comprehensive reorganization of its internal structure. The company’s CEO, Michael Miebach, unveiled the ambitious plan, outlining a strategic vision that promises to revolutionize the way Mastercard operates and innovates in the ever-evolving landscape of digital transactions. The cornerstone of this reorganization lies in the creation of three distinct but interconnected units, each helmed by seasoned industry veterans handpicked to lead Mastercard into its next phase of growth and diversification. At the heart of this restructuring is the Core Payments unit, described by Mastercard as the very foundation of the company. Under the stewardship of Jorn Lambert, Mastercard’s chief digital officer, who assumes the role of chief product officer (CPO), this division will spearhead the evolution of core payments, leveraging cutting-edge technologies to enhance existing products and introduce groundbreaking solutions to meet the evolving needs of consumers and businesses alike. In a strategic coup, Mastercard ( NYSE:MA ) has enlisted the expertise of former BlackRock executive Raj Seshadri to head up the Commercial and New Payment Flows unit. Elevated to the position of chief commercial payments officer, Seshadri will lead efforts to drive innovation in remittances, B2B transactions, and non-carded bill payments, while also focusing on expanding Mastercard’s footprint in key sectors such as healthcare. Meanwhile, Craig Vosburg, who has served as Mastercard’s CPO for the past three years, will take the reins of the Services unit as chief services officer. Tasked with integrating Mastercard’s Cyber and Intelligence, Data and Services, and Open Banking teams, Vosburg’s mandate is clear: to fortify Mastercard’s defenses against fraud, mitigate risks, and bolster cybersecurity in an increasingly digital world. But the company’s ambitions don’t stop there. In a testament to its commitment to harnessing the power of data and artificial intelligence (AI), Mastercard has established a dedicated Data and AI team. Under the leadership of Greg Ulrich, appointed as chief AI and data officer, this team will leverage AI and data analytics to drive innovation both internally and externally, with a focus on commercializing these technologies to unlock new revenue streams and propel Mastercard ( NYSE:MA ) into the future. However, amidst the excitement of these transformative changes, Mastercard ( NYSE:MA ) bids farewell to one of its stalwarts. After more than three decades of service, Ajay Bhalla, President of Cyber and Intelligence, will retire, leaving behind a legacy of innovation and leadership that has shaped Mastercard’s cybersecurity efforts and positioned the company as a trailblazer in the fight against digital threats. As Mastercard ( NYSE:MA ) prepares to embark on this journey of transformation, the stage is set for a new era of innovation, growth, and leadership in the world of payments technology.
NYSE:MA
by DEXWireNews
1
MASTERCARD Short-term pull-back has begunLast time (August 23 2023, see chart below) we looked at Mastercard (MA) the 1D MA50 (blue trend-line) gave us a solid buy opportunity, which easily hit our 415.00 Target: The price is now starting to pull-back after marginally breaking the top (Higher Highs trend-line) of the 1.5 year Channel Up (blue). It already broke below the medium-term (dotted) Channel Up and is headed towards the 1D MA50 (blue trend-line). With the 1D RSI already on Lower Highs (i.e. a Bearish Divergence against the stock's Higher Highs), we believe this is an early Sell Signal on the short-term. The March 13 2023 Target was the 0.382 Fibonacci retracement level, so we are currently aiming for $440.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:MAShort
by TradingShot
Mastercard (NYSE: $MA) Bullish Bias Mastercard (NYSE: NYSE:MA ) is above all of its moving averages, which means it has a bullish bias. NYSE:MA 's 50-day Moving Average is above the 200-day Moving average giving Bulls partial control of the NYSE:MA stock. However, NYSE:MA still appears to have an upward momentum. Key Event A. Dividend increase Mastercard increased its quarterly dividend payment to shareholders by 16%. The dividend will be paid on December 29, 2023 to stockholders of record on December 20, 2023.
NYSE:MALong
by DEXWireNews
Xumm Wallet Set to Integrate Mastercard Debit FeaturesXRPL Labs' Wietse Wind hints at Xumm Wallet's Mastercard integration, boosting digital asset transactions and security. In a significant development for cryptocurrency wallet users, Wietse Wind, the founder of XRPL Labs and the creator of Xumm Wallet, has announced plans to integrate Mastercard debit card functionality into the Xumm wallet. This update revealed through tweets, demonstrates XRPL Labs’ commitment to enhancing the user experience and expanding the wallet’s capabilities. Xumm Wallet Integrates Mastercard for Flexibility Wind’s revelation came in response to an XRP enthusiast’s query about possibly using a debit card with Xumm. He indicated the integration would involve “Debit Mastercard, self custody, card authorization with custom on ledger limits on your account using a Hook.” This update aligns with XRPL Labs’ ongoing efforts to incorporate more traditional banking features into the digital currency, providing users with enhanced flexibility and control over their funds. The integration of Mastercard with Xumm wallet is expected to streamline transacting with digital assets. Users will be able to leverage the global acceptance of Mastercard, enabling them to transact seamlessly across various platforms and services. The integration promises to bridge the gap between traditional financial services and the burgeoning world of digital currencies. Alongside the Mastercard integration, Wind also touched upon the new functionalities for the Xumm-Tangem NFC hardware wallet cards. These cards, not intended for use at terminals and ATMs, offer a physical means of securing cryptocurrency assets. Wind clarified that the Tangem cards are primarily for hardware self-custody, unlike the proposed debit card functionality. The Tangem NFC hardware wallet cards, as mentioned by Wind, will allow users to pre-fund their wallet card with a specific amount in XRP in addition to the account reserve. This feature enhances the security and convenience of users who manage their digital assets. Xumm Integration Balances Fees with Innovation The announcement was met with queries and concerns from the XRP community, notably regarding the potential for additional transaction fees. John Mcclain, an XRP user, expressed concern over the possibility of an extra 1% fee, drawing parallels to existing custody solutions like the U.S. exchange Uphold, which already imposes significant fees for debit transactions. Price Momentum MA is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NYSE:MALong
by DEXWireNews
Mastercard (NYSE: MA) Embraces AI 🤖 to Combat FraudInternational payment system Mastercard has partnered with Feedzai, a company that leverages artificial intelligence (AI) to combat financial fraud. Feedzai's technology will integrate directly with Mastercard's CipherTrace Armada platform, monitoring 6,000+ cryptocurrency exchanges to detect suspicious transactions in real time. The companies aim to combat both fraud and money laundering activities. The move marks a major push from Mastercard into crypto — specifically, efforts to clean the space up of fraud and scams. The move marks a push from Mastercard into the market for legitimizing crypto as a mainstream financial asset that can be subjected to the same rules and compliance frameworks as traditional assets. Banks and other large financial institutions have shown increased interest in experimenting with crypto in their products and services. But the next step, deploying commercially available crypto products as part of their core offerings, has proven more elusive. Banks have been wary of digital assets’ lack of comprehensive regulations and applications in fraud and scams. Last year, the amount of theft and scams led to a global increase of 79% in crypto-related losses from the previous year, according to data from blockchain analysis firm Chainalysis. Illicit addresses received $14 billion in 2022 year-over-year, almost twice what they received in 2020. Price Momentum MA is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NYSE:MALong
by DEXWireNews
Mastercard Suffers A Fall Following Earnings - But Up 7%Mastercard's stock experienced a 5% drop following its latest earnings report, despite surpassing expected earnings. Analysts had predicted earnings of $3.21 per share for Q3, but the actual figure was $3.39. This outperformance, however, did not translate into positive market sentiment, as the stock price fell after the market opened on October 28th. This decline reflects the complex dynamics between company performance and investor expectations. The stock found support at $359 after a 14% drop from its September 2023 peak, where it failed to break the $420 mark. Over the last decade, Mastercard's stock has grown by 428%, but since April 2021, its growth has slowed, with the stock oscillating between $276 and $420. Despite these fluctuations, the overall trend remains bullish. Currently, Mastercard's stock is up 7% for the year, showcasing resilience amid market volatility. The focus now is on whether the stock will break out of its current range and resume its long-term upward trajectory.
NYSE:MA
by Sublime_Trading
MA Mastercard Incorporated Options Ahead of EarningsIf you haven`t bought MA in the Buy Area here: Then analyzing the options chain and the chart patterns of MA Mastercard Incorporated prior to the earnings report this week, I would consider purchasing the 380usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $14.65. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:MAShort
by TopgOptions
MA, DECISIVE Head-Shoulder-Formation, Likely To Complete Next!Hello, Welcome to this analysis about MA, we are looking at the 4-hour timeframe perspectives. The world is constantly changing more and more so also the payment processing world. In times of emerging central-bank-digital-currencies besides the already existing cryptocurrency market, classical payment providers need to find a solution to hold on with the trend. When the central-bank-digital-currencies should be implemented as expected it will be highly likely that apps will launch with which the payments can be processed, this can also potentially decrease the usage of plastic card payments, in this case, classical payment providers such as credit cards need to look how they can arrange to hold on with these new forms of payments. On the technical side now I discovered how MA is building an important formation that has a higher possibility to confirm bearishly to the downside, therefore I detected all important levels and upcoming determinations. As when looking at my chart we can watch there how the stock has formed this massive head-and-shoulder-formation in the structure with the left shoulder, the head already fully completed and now with the right shoulder about to complete with the last movements. The bearish volatility with which the right shoulder has formed is important here as this kind of heavy downside volatility indicates a continuation to the downside which additionally adds to the bearish head-and-shoulder-formation-confirmation scenario. When the stock now finally closes below the neckline in blue this will complete the whole formation bearishly and will be the origin for further bearish continuations to the downside as well as activation of the target-zone within the 328 level marked in my chart in blue. Once this target-zone has been reached the situation needs to be elevated anew and if the stock manages to stabilize in this structure or continue bearishly to the downside which should not be kept by side depending on how the bearish developments establish. In this manner, thank you for watching my analysis about USDCHF, great when you support it with a like and follow or comment for more market insight! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
NYSE:MA
by VincePrince
4