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Mastercard Inc-A: The Winning Streak Continues (MA)

By James Quinn

Mastercard Inc-A (NYSE:MA) traded at a new 52-week high today of $241.00. So far today approximately 328,000 shares have been exchanged, as compared to an average 30-day volume of 3 million shares.

In the past 52 weeks, shares of Mastercard Inc-A have traded between a low of $170.65 and a high of $241.00 and are now at $240.41, which is 41% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.3%.

Mastercard Incorporated provides financial transaction processing services. The Company offers payment processing services for credit and debit cards, electronic cash, automated teller machines, and travelers checks. Mastercard serves customers worldwide.

Based on a current price of $240.41, Mastercard Inc-A is currently 14.1% above its average consensus analyst price target of $206.50. The stock should find initial support at its 50-day moving average (MA) of $228.18 and further support at its 200-day MA of $209.13.

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: 52 week high/lows mastercard inc-a

Ticker(s): MA