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Next Support Level for Mastercard Inc-A (MA) is $202.80

By Amy Schwartz

Shares of Mastercard Inc-A (NYSE:MA) have bearishly opened below the pivot of $207.24 today and have reached the first support level of $205.29. Should the shares continue to fall, the support pivots of $202.80 and $198.36 will be of interest.

In the past 52 weeks, Mastercard Inc-A share prices have been bracketed by a low of $121.82 and a high of $209.19 and are now at $205.84, 69% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.0%.

There is potential upside of 0.3% for shares of Mastercard Inc-A based on a current price of $205.84 and an average consensus analyst price target of $206.50. The stock should find initial support at its 50-day moving average (MA) of $195.74 and further support at its 200-day MA of $169.96.

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: pivot alerts mastercard inc-a

Ticker(s): MA