On Wednesday, Mastercard stock got a positive adjustment to its Relative Strength (RS) Rating, from 66 to 72.
This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks compares to the rest of the market.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 as they launch their largest runs. See if Mastercard stock can continue to rebound and clear that threshold.
Can You Really Time The Stock Market?
Is Mastercard Stock A Buy?
Mastercard stock is building a saucer without handle with a 490.00 buy point. See if the financial stock can clear the breakout price in volume at least 40% higher than normal.
Earnings grew 24% last quarter, up from 18% in the prior report. Revenue also increased, from 10% to 11%.
Mastercard stock earns the No. 8 rank among its peers in the Finance-Card/Payment Processing industry group. Shift4 Payments, Paymentus Holdings and PayPal Holdings are among the top 5 highly rated stocks within the group.
