MASTERCARD INC. - 1H - Technical analysis published on 09/21/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 344.56 USD
My targets
333.22 USD (-1.55%)
323.26 USD (-4.49%)
My analysis
MASTERCARD INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 344.56 USD. The next support located at 333.22 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 323.26 USD. Below this support, sellers could then target 315.23 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MASTERCARD INC. rating is 338.46 USD. The price is lower by -0.36% since the last closing and was traded between 337.74 USD and 343.18 USD over the period. The price is currently at +0.21% from its lowest and -1.38% from its highest.337.74
343.18
338.46
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this MASTERCARD INC. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Black evening star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 315.23 | 323.26 | 333.22 | 338.46 | 338.93 | 344.56 | 347.58 |
| Change (%) | -6.86% | -4.49% | -1.55% | - | +0.14% | +1.80% | +2.69% |
| Change | -23.23 | -15.20 | -5.24 | - | +0.47 | +6.10 | +9.12 |
| Level | Major | Minor | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 331.01 | 333.32 | 336.50 | 338.81 | 341.99 | 344.30 | 347.48 |
| Camarilla | 338.18 | 338.68 | 339.19 | 339.69 | 340.19 | 340.70 | 341.20 |
| Woodie | 331.46 | 333.54 | 336.95 | 339.03 | 342.44 | 344.52 | 347.93 |
| Fibonacci | 333.32 | 335.41 | 336.71 | 338.81 | 340.90 | 342.20 | 344.30 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 327.32 | 334.05 | 338.54 | 345.27 | 349.76 | 356.49 | 360.98 |
| Camarilla | 339.96 | 340.98 | 342.01 | 343.04 | 344.07 | 345.10 | 346.13 |
| Woodie | 326.21 | 333.49 | 337.43 | 344.71 | 348.65 | 355.93 | 359.87 |
| Fibonacci | 334.05 | 338.33 | 340.98 | 345.27 | 349.55 | 352.20 | 356.49 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 285.31 | 315.00 | 330.61 | 360.30 | 375.91 | 405.60 | 421.21 |
| Camarilla | 333.77 | 337.93 | 342.08 | 346.23 | 350.38 | 354.54 | 358.69 |
| Woodie | 278.28 | 311.48 | 323.58 | 356.78 | 368.88 | 402.08 | 414.18 |
| Fibonacci | 315.00 | 332.30 | 342.99 | 360.30 | 377.60 | 388.29 | 405.60 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 43.76 | |
| MACD (12,26,9): | -1.5300 | |
| Directional Movement: | -10.43 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 338.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 336.21 | |
| Elder Ray (13): | -1.03 | |
| Super Trend (3,10): | 343.48 | |
| Zig ZAG (10): | 339.03 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 44.12 | |
| TEMA (21): | 338.28 | |
| Williams %R (14): | -56.23 | |
| Chande Momentum Oscillator (20): | -0.25 | |
| Repulse (5,40,3): | -0.7700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 1.72 |
| MA7: | 343.71 | |
| MA20: | 348.01 | |
| MA50: | 363.90 | |
| MA100: | 366.00 | |
| MAexp7: | 339.24 | |
| MAexp20: | 340.58 | |
| MAexp50: | 343.32 | |
| MAexp100: | 346.56 | |
| Price / MA7: | -1.53% | |
| Price / MA20: | -2.74% | |
| Price / MA50: | -6.99% | |
| Price / MA100: | -7.52% | |
| Price / MAexp7: | -0.23% | |
| Price / MAexp20: | -0.62% | |
| Price / MAexp50: | -1.42% | |
| Price / MAexp100: | -2.34% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on MASTERCARD INC. at the time of the analysis were as follows:
- Mastercard Board of Directors Announces Quarterly Dividend
-
FINTECH NEWS THIS WEEK RELEASE: Mastercard acquires blockchain security start-up CipherTrace
- Mastercard Launches Global Sustainability Innovation Lab
-
Trust Stamp says its biometric tech will reach 30M people from Mastercard and Paycode's partnership
- Accenture and Salesforce Team Up with Mastercard to Deepen its Sustainability Efforts
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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