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Mastercard Inc-A Crosses Above its 10-day MA (MA)

By James Quinn

Today, shares of Mastercard Inc-A (NYSE:MA) have advanced above their 10-day MA of $251.05 on a volume of 148K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Mastercard Inc-A have traded between a low of $171.89 and a high of $258.86 and are now at $253.21, which is 47% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.9%.

SmarTrend is tracking the current trend status for Mastercard Inc-A and will alert subscribers who have MA in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses mastercard inc-a

Ticker(s): MA