Mastercard jumps 6.2% after earnings, the buy signal holds at week 4
Mastercard surges 6.2% and closes in on its all-time highs
Mastercard jumps 6.2% after earnings, the buy signal holds at week 4
Our view last week
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.
This week's summary
Mastercard closes the week with a 6.2% jump, its strongest move in some time, right in its earnings week, which came in without surprises. The price is back within reach of its all-time highs, backed by dominant buying (80.7% of daily volume) and a solidly positive money flow. The weekly picture stays bullish, with three of four structural moving averages aligned, even as candle conviction has softened a touch.
IQS Phase
75
in tension
Signal Strength
20
low · fading
Sizing
MINIMUM
Ranking
#116 / 120
US stocks in progress
Trade P&L %
+6.25%
from signal to date, no stop loss
Rank position
ranks 116th among the 120 Longs already running for US stocks in our ranking, with a signal strength of 20 out of 100.
Sector context
SectorFinancials
Benchmark ETFXLF
Sector regimein strong phase
Performanceweekly +1.12% · monthly +3.94%
MA belongs to the financials sector (reference ETF XLF). The sector is classified in strong phase according to our weekly reading.
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