• Return to Headlines

Mastercard Inc-A (MA) Breaks Through Resistance at $183.47

By Shiri Gupta

Shares of Mastercard Inc-A (NYSE:MA) have bullishly opened above the pivot of $182.59 today and have reached the first resistance level of $183.47. Should the shares continue to rise, the resistance pivots of $184.41 and $186.23 will be of interest.

Mastercard Inc-A (NYSE:MA) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $194.14. The stock should find initial resistance at its 50-day moving average (MA) of $93.13 and further resistance at its 200-day MA of $93.74.

Mastercard Inc-A share prices have moved between a 52-week high of $183.52 and the current low of $0.00 and are currently at $0.00 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

SmarTrend recommended that subscribers consider buying shares of Mastercard Inc-A on February 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $173.03. Since that recommendation, shares of Mastercard Inc-A have risen 5.5%. We continue to monitor MA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts mastercard inc-a

Ticker(s): MA