Profit-Taking Watch: MA Reaches $604.80 on High RSI
Bearish
Oct 13, 2026 at 9:01 PM
•
$604.80
(+1.64%)
Mastercard Inc (MA) gained 1.64% to finish at $604.80 on October 13.
Key indicators suggest a bullish bias:
Moving Averages
The stock holds above both the 9-day ($580.97) and 21-day ($573.64) EMAs, confirming the uptrend.
Momentum
RSI at 71.7 is elevated in overbought zone, which often precedes pullbacks. MACD reads 5.11 against its 0.30 signal line (bullish).
Volatility
Price is extended above the upper Bollinger Band ($595.41), suggesting possible mean reversion.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Support sits at $541.15 with resistance at $595.41.