Mastercard's most recent trend suggests a bearish bias. One trading opportunity on Mastercard is a Bear Call Spread using a strike $76.50 short call and a strike $81.50 long call offers a potential 7.07% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $76.50 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock rose above the $81.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Mastercard is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Mastercard is bearish.
The RSI indicator is at 60.24 level which suggests that the stock is neither overbought nor oversold at this time.
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Thu, 10 Jul 2014 14:47:53 GMT
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