The buy signal holds after Mastercard's earnings
Mastercard slips 0.7% after earnings, still within reach of record highs
The buy signal holds after Mastercard's earnings
Our view last week
Mastercard rises 3.2% and confirms its rebound off a double bottom in the 480 area, with buyers back in charge of recent sessions. This swing trading case shows price closing in on its all-time highs, caught in the tension between a breakout and a rejection. The confirmation week for the new buy signal closes modestly positive: discipline says hold the position unchanged, with quarterly earnings due this week.
This week's summary
Mastercard stock remains within reach of its all-time highs even after a 0.7% pullback in the week following its quarterly earnings, which closed without surprises. The weekly technical analysis shows three of four structural moving averages aligned and the MACD improving, with daily money flow firmly positive; underneath, though, volume has thinned a bit and the last candle carries less weight than the prior ones.
IQS Phase
69
in tension
Signal Strength
29
low · fading
Sizing
MINIMUM
Ranking
#113 / 124
US stocks in progress
Trade P&L %
+0.05%
from signal to today
Rank position
ranks 113th among the 124 Longs already running for US stocks in our ranking, with a signal strength of 29 out of 100.
Sector context
SectorFinancials
Benchmark ETFXLF
Sector regimein positive regime
Performanceweekly +0.09% · monthly +4.82%
MA belongs to the financials sector (reference ETF XLF). The sector is classified in positive regime according to our weekly reading.
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