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Mastercard Technical Analysis - Mastercard Trading: 2024-03-27
Mastercard Technical Analysis Summary
Below 472.15
Sell Stop
Above 484.45
Stop Loss
| Indicator | Signal |
| RSI | Neutral |
| MACD | Sell |
| Donchian Channel | Neutral |
| MA(200) | Buy |
| Fractals | Neutral |
| Parabolic SAR | Sell |
Mastercard Chart Analysis
Mastercard Technical Analysis
The technical analysis of the Mastercard stock price chart on 4-hour timeframe shows #S-MA, H4 is retracing down toward the 200-period moving average MA(200) after hitting all-time high five days ago. We believe the bearish momentum will continue after the price breaches below the lower boundary of Donchian channel at 472.15. This level can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 484.45. After placing the order, the stop loss is to be moved every day to the next fractal high, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (484.45) without reaching the order (472.15), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Fundamental Analysis of Stocks - Mastercard
Mastercard stock edged up after $30 billion settlement news over credit card fees. Will the Mastercard stock price retreat?
Visa and Mastercard reached an estimated $30 billion settlement to limit credit and debit card fees for merchants. Merchants contended Visa and Mastercard charged inflated swipe fees, or interchange fees, when shoppers used credit or debit cards, and barred them through "anti-steering" rules from directing customers toward cheaper means of payment. Under the settlement, Visa and Mastercard would reduce swipe rates by at least four basis points - 0.04 percentage points - for three years, and ensure an average rate that is seven basis points below the current average for five years. Swipe fees typically include small fixed fees plus a percentage of total sale amounts, and average about 1.5% to 3.5% per transaction. Visa and Mastercard also agreed to cap rates for five years and remove anti-steering provisions. The fee rollbacks and caps alone are worth $29.79 billion, according to court papers. Lower expected revenue from lower fees is bearish for Mastercard stock price. However, Mastercard stock price edged up 0.16% over day after the news.
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