Mastercard saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 68 to 71.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the best stocks often have an RS Rating of at least 80 in the early stages of their moves. See if Mastercard can continue to show renewed price strength and hit that benchmark.
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Mastercard has risen more than 5% past a 486.69 entry in a first-stage saucer with handle, meaning it's now out of a proper buy range. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.
While EPS growth dropped last quarter from 24% to 15%, the top line rose 13%, up from 11% in the previous report.
The company earns the No. 7 rank among its peers in the Finance-Card/Payment Processing industry group. Shift4 Payments, Paymentus Holdings and Block are among the top 5 highly rated stocks within the group.
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