Logo image of RACE.MI

FERRARI NV (RACE.MI) Stock Technical Analysis

BIT:RACE - Euronext Milan - NL0011585146 - Common Stock - Currency: EUR

412.3  -3.1 (-0.75%)

Technical Rating and Analysis

1

Taking everything into account, RACE scores 1 out of 10 in our technical rating. RACE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

61% of all other stocks performed better in the past year than RACE.
In the last month RACE has a been trading in the 405.60 - 492.80 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
RACE is part of the Automobiles industry. There are 32 other stocks in this industry. RACE outperforms 70% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
RACE is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Weekly and Daily overview Charts
FERRARI NV / RACE Weekly stock chart
FERRARI NV / RACE Daily stock chart
Setup Rating and Analysis

3

The technical rating of RACE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

400.35

492.78

When analyzing the support we notice one important area.

  • A support zone ranging from 404.39 to 411.70. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 412.31 to 416.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @487.90 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.67
Mansfield-0.23
10 Day High485.2
10 Day Low405.6
20 Day High492.8
20 Day Low405.6
52 Week High492.8
52 Week Low369.4
Performance
1 Week-8.38%
2 Weeks-14.48%
1 Month-5.22%
3 Month-4.63%
6 Month-3.06%
12 Month6.45%
2 Year65.38%
3 Year107.5%
5 Year191.28%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-8.95
RSI(14)33.1
LBB403.68
UBB509.76
FERRARI NV / RACE Daily stock chart

FERRARI NV

BIT:RACE (3/7/2025, 7:00:00 PM)

412.3

-3.1 (-0.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-0.75%
1 Week-8.38%
2 Weeks-14.48%
1 Month-5.22%
3 Month-4.63%
6 Month-3.06%
12 Month6.45%
2 Year65.38%
3 Year107.5%
5 Year191.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)13.85
ATR(20)%3.2%
ATR Inc-8.44%
Range Today12
ADR(20)11.14
ADR(20)%2.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.67
Mansfield-0.23
10 Day High485.2
10 Day Low405.6
20 Day High492.8
20 Day Low405.6
52 Week High492.8
52 Week Low369.4
CS1 End411.7
CR1 Start412.31
Volume & EV
DER(3)1.47%
DER(5)0.54%
Volume423.92K
Volume Incr14.72%
Vol(5)527.51K
Vol(50)372.08K