The Greedy Trader Weekly Analysis
Sign In Dec 20, 2024
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 12/13/2024 -
Sign In to see current Signals.

MasterCard Inc. (MA) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought
Daily :Williams' Percentage Range is overboughtA Parabolic SAR indicator is above and near the price
Move cursor over the icon to see details.

It was a first positive week for the MasterCard Inc. (MA). During the week, the MA climbed 0.43 points, or 0.08%, and closed at 529.00 on Friday, December 13, 2024. MA was trading at average weekly trading volume.

Long-term trend: [See MA long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 276.87 and reached 536.80 on December 12, 2024. MA gained -259.93 points, or -93.88%, in 113 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 460.44 and resistance is at 591.61. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See MA medium-term trend chart]
A medium-term uptrend had started on July 24, 2024 at 428.86 and reached 536.80 on December 12, 2024. MA gained -107.94 points, or -25.17%, in 20 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 520.88 and resistance is at 554.03. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See MA weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since August 16, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See MA short-term trend chart]
A short-term uptrend had started on December 4, 2024 at 518.17 and reached 536.80 on December 12, 2024. MA gained -18.63 points, or -3.60%, in 8 days. The price is now at the 41.87% retracement level.

Daily Technical Indicators: [See MA daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range.

The daily MACD line is below its signal line since December 3, 2024. The distance between MACD and the signal line is low and getting smaller.

A Parabolic SAR (stop and reversal) indicator (524.25) comes close to the price (529.00). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.07
Williams' Percentage Range (W%R) 10.10
Overbought
Lane's Stochastic (%D-Slow) 55.87
Greed/Fear Indicator (GFI) 68.62
Moving Average Converg./Diverg. (MACD) 4.13
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.67
Williams' Percentage Range (W%R) 2.40
Strong Overbought
Lane's Stochastic (%D-Slow) 80.02
Overbought
Greed/Fear Indicator (GFI) 78.56
Moving Average Converg./Diverg. (MACD) 16.62
Trading Signals
Description Value Chart
Yearly Trendline Resistance 591.61
Quarterly Trendline Resistance 554.03
Upper Bollinger Band 536.96
Daily Stochastic Crossing 529.95
Price 529.00
Weekly Stochastic Crossing 528.65
20 Day Moving Average 524.97
Parabolic System 524.25
Quarterly Trendline Support 520.88
50 Day Moving Average 516.32
Lower Bollinger Band 512.82
Yearly Trendline Support 460.44
Sector and Industry
Description Name Rank
Sector Information Technology 7
Industry Data Processing & Outsourced Services 87
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 518.17
Low Date 12/04/2024
High 536.80
High Date 12/12/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 518.17
Low Date 12/04/2024
High 536.80
High Date 12/12/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 518.17
Low Date 12/04/2024
High 536.80
High Date 12/12/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 554.03
Support 520.88
Low 428.86
Low Date 07/24/2024
High 536.80
High Date 12/12/2024
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 591.61
Support 460.44
Low 276.87
Low Date 10/13/2022
High 536.80
High Date 12/12/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.