Bridgewater, MA -- (SBWIRE) -- 03/20/2013 -- Bridgewater, MA - The StockConsultant stock screener has found stocks Mastercard Inc (NYSE:MA) and Visa Inc (NYSE:V) weakening near 52 week highs with significant price gaps below recent support areas.
Mastercard Inc (NYSE:MA) founded in 2001 and headquartered in Purchase, NY is a company that enables consumers, financial institutions, merchants, governments and businesses to use electronic forms of payment. MA stock price has consolidated over the past two months between 515 and 530 price levels. The stock recently has shown some distribution that may threaten the strong triple support at the 516.4 area and lead to testing of the next resistance below at 494.4.
MA abbreviated support and resistance areas:
CURRENT PRICE 511.6, at support, 516.4 ± 5.16, type triple+, strength 10
SUPPORT BELOW -3.4% at 494.4 ± 4.94, type single, strength 3
-5.3% at 484.5 ± 4.85, type triple, strength 10
Full MA stock consultant report with charts and analysis
Visa Inc (NYSE:V) founded in 1970 and headquartered in Foster City, CA specializes in global payments technology that connects consumers, businesses, and banks to electronic forms of payments. V stock price has consolidated over the past three months between 155 and 162 price levels. Recently the stock price has started to fade under strong distribution that may threaten the support at the 156.4 area and lead to testing the next resistance below at 148.9.
V abbreviated support and resistance areas:
CURRENT PRICE 156, at support, 156.4 ± 1.72, type single, strength 8
SUPPORT BELOW -4.6% at 148.9 ± 1.64, type triple, strength 7
-8% at 143.5 ± 1.58, type double, strength 7
Full V stock consultant report with charts and analysis
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