Mastercard (MA) Trading Below 50-Day SMA: How to Play the Stock?
Mastercard(MA) ZACKS·2024-07-23 01:40
Mastercard Incorporated (MA) is currently trading below its 50-day simple moving average (SMA), with the stock priced at $443.69 compared with the 50-day SMA of $448.28, representing a downtrend. The 50-day SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data.MA 50-Day SMAImage Source: Zacks Investment ResearchShares of the company have lost 4.1% in the past three months compared with the Financial Transaction Services industry’s decline of 0.9% and ...