Mastercard Inc is an American financial services company which provides transaction processing and other payment-related services globally to consumers, merchants, financial institutions and government entities with market capitalization at $338.64 billion. Mastercard is the second-largest payment processor in the world, its main competitor is Visa. The stock is trading at P/E ratio (Trailing Twelve Months) of 42.39 currently, Mastercard earned $17.79 B revenue (ttm) and has a Return on Equity (ttm) of 127.62%. The company outperformed the consensus estimates in the third quarter, nevertheless consensus forecast was the company would report lower than expected earnings, while revenues are likely to remain in line with the estimates. Yesterday the company reported better than expected Q4 results. Net revenue rose 27% to $5.2 billion. The company's profit rose to $2.4 billion for the fourth quarter ended December 31, from $1.8 billion a year earlier. Stock price closed up 1.8% over day after the better than expected quarterly report. However, the current technical setup is bearish for Mastercard stock.
| Indicator | VALUE | Signal |
|---|
| RSI | | Sell |
| MACD | | Sell |
| Donchian Channel | | Sell |
| MA(200) | | Sell |
| Fractals | | Sell |
| Parabolic SAR | | Sell |
Summary of technical analysis
| Order | Sell |
| Buy stop | Below 330.46 |
| Stop loss | Above 377.47 |