Sell alert? Technical indicators signal a bearish trend for Mastercard (MA) stock
Mastercard(MA) Finbold·2024-12-20 16:57Mastercard (NYSE: MA) has been riding in a strong upward channel since 2021, consistently delivering steady returns to investors. However, recent technical indicators suggest a potential shift in momentum.Notably, an analysis by TradingShot points to emerging bearish signals, raising concerns about a near-term pullback.Bearish divergence and key levelsWhile Mastercard’s price has maintained its position within a long-term bullish channel, the one-day Relative Strength Index (RSI) is now showing signs of wea ...