American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

MasterCard leans on SMA support - Analysis - 15-08-2018

Economies.com
2018-08-15 15:31PM UTC

MasterCard's stock leaned on the 50-day SMA in an attempt to garner positive momentum to help it maintain the main upward trend, while trading alongside the main upward short-term trend, with positive signals from the RSI, with a dip in trading volumes that accompanied recent trading. 

 

Therefore we expect the the stock to climb and targeting the important resistance of 214.18, as long as the support of 193.16 holds on. 

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